Skip to main content EnerCom Oil Gas Conference – Stone Energy Corp. Investor Presentation | Shale Experts
Loading...
Pm

EnerCom Oil Gas Conference – Stone Energy Corp.

Stone Energy Corp. · Aug 11, 2013 · 21 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 1
    Accelerating Accelerating 1
  2. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 2
    Strategy Accelerating 2013 Capital Allocation Explore in areas which can provide a material impact to oil reserves (38%) Appalachia Conv Shelf 31% 25% Invest in price advantaged, condensate rich gas basins (37%) Deepwater…
  3. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 3
    Strategic Results to Date Accelerating Proved Reserves 2012 Proved Reserves 2009 Conventional Shelf Deep Water Marcellus 18% 21% 44% Conventional Shelf Deep Water 79% 34% 69 mmboe 129 mmboe Oil/NGL - 48% Oil/NGL -…
  4. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 4
    3 Year Plan: Deep Water Accelerating Capital Allocation* 600 2013 Goals Range Capex Deliver Safety, Production and LOE targets 400 million Drill Amethyst exploration prospect 200 Progress Cardona development for 1Q15…
  5. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 5
    Deep Water Activity Ramping Up Accelerating Planned Rig Schedule 2013 2014 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q SGY Operated Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Amethyst Pompano…
  6. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 6
    Greater Pompano Amberjack Area Accelerating Legend Producing or HBP Primary Term 2013 2014 2015+ Carrick Current rate: 10,000 boe/d net 16 Exploitation well portfolio 17 Exploration well portfolio Over 50,000 bbl/d…
  7. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 7
    Cardona (MC 29) Accelerating Operator SGY 65% working interest Projected spud 1q 2014 Cardona 1st production 1q 2015 Expected initial well rates 6,000 boe/d P10/P90 range 18-2 mmboe gross potential DHC 54 million net Shale Salt…
  8. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 8
    Deep Water: Cardona Tieback System Accelerating Pompano Cardona Umbilical Flowline Flowline Well 4 SUTA Sand Detector Available Hub Future Well Cardona South Sand Detector Long Term Operability for current and future…
  9. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 9
    Amethyst (MC 26) Accelerating Amethyst Super Tramp Water Depth: 1,200 Pompano Field Amethyst Salt Operator SGY Oil show Working interest 100% Oil show Mid Miocene structural objective Gas show Dry hole cost (DHC) 100…
  10. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 10
    3 Year Plan : Deep Water Exploration Wells San Marcos Taggart Accelerating SGY 25%, APA operator SGY 22.92%, Llog operator 100 10 mmboe gross 26.5 - 10 mmboe gross Possible spud August 2013 Possible spud Aug 2013 Part of Shell Vito…
  11. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 11
    3 Year Plan ConocoPhillips JV Accelerating T w e n t y - O n e (SGY Pre JV WI 100%, Post WI 36%) Water depth 3,210 TVD 17,500 P10 128 MMboe gross P90 8 MMboe gross DHC 100 MM gross Carrick C a r r i c k (SGY WI n/a, Post WI…
  12. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 12
    3Year Plan: Deep Liquid Rich Gas Accelerating Capital Allocation* 80 Range Capex 2013 Goals 60 millions 40 Deliver Safety, Production and LOE targets 20 Drill and produce the third La Cantera well 0 Spud the La Montana…
  13. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 13
    LaCantera Analog Prospects Accelerating Lafayette South Erath S. Erath Deep Prospect SGY 16% WI Thunder Bayou Prospect Moss 1 SGY 35% WI La Cantera Weeks Bay La Cantera Discovery SGY 35% working interest La Cantera La…
  14. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 14
    3Year Plan: Appalachia Accelerating 2013 Goals Capital Allocation* 300 Range Deliver Safety, Production and LOE targets Capex Stay focused in liquids rich areas 200 million Maintain 1 horizontal rig program 100 Drill…
  15. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 15
    Appalachian Reserve Growth Accelerating Katie/Andie Moundsville Plant Christine 11,000 net acres 31,000 net acres Ft. Beeler Plant Ohio West Virginia Mary/Heather Sea Level 39,000 net acres Buddy 6,000 net acres 12 Gas…
  16. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 16
    3Year Plan: Conventional GOM Shelf Accelerating Capital Allocation* 200 Range Range Capex 2013 Goals 150 million 100 Deliver Safety, Production and LOE targets Drill 4-6 oil development wells 50 Execute 12-16 well…
  17. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 17
    Balance Sheet Enables 3 Year Plan Accelerating Company Statistics High Liquidity* Market Capitalization 1.3 B Cash 225 MM Enterpirse Value 2.0 B Undrawn Bank Facility 400 MM Trailing 12 Month EBITDA 635 MM Revenue Hedged 1.1 B…
  18. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 18
    Summary Capital Allocation* Accelerating 1200 Range 1000 Capex 800 Near-Term Deep Water Exploration 600 400 Cardona Tie-Back Development Project 200 Pompano Platform Development Program 0 2011 2012 2013E 2014 E 2015 E…
  19. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 19
    Appendix EBITDA Reconciliation Accelerating 12 Months Ending 6/30/13 Net Income 148 Interest expense 36 Income taxes 83 DD&A 335 Accretion 33 EBITDA 635 (In Millions) 20 * EBITDA is defined as net earnings plus…
  20. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 20
    Hedging Transactions Accelerating Oil Natural Gas Daily Volume Daily Volume (Bbl/d) Price (Mmbtu/d) Price 2013 2,000 92.35* Swap Contract 2013 2013 1,000 92.80 Swap Contract 10,000 4.00 Swap Contract 2013 1,000 94.45 Swap…
  21. EnerCom Oil Gas Conference – Stone Energy Corp. – slide 21
    Contacts Accelerating Kenneth H. Beer Chief Financial Officer Phone: (337) 521-2210 Fax: (337) 521-2072 CFOStoneEnergy.com Tom Messonnier Director of Strategic Planning Phone: (337) 521-2161 Fax: (337) 521-2072 22

From the store

Browse maps, data & reports in the Shale Experts store