Stone Energy Corporation (SGY) Global Hunter Securities Energy Conference June 2015
Stone is Active in Lowest (Non-OPEC) Cost of Supply Basins Achieving Milestones 6.00 NYMEX Breakdown for 15% ATAX IRR Stone focus areas Gas Supply Cost 5.00 H 4.00 a y F n 3.00 N a B e Stone i y a s G e r v o r t…
Proved Reserves Distribution Reflects Diversification Achieving Milestones 2014 Proved Reserves 152 mmboe Reserves Diversification Across Focus Areas Play Types 42% 58% Reserve Categories Commodities 2014 Reserve Replacement…
Stone Has Carefully Managed Its Liquidity Position Achieving Milestones 900 Liquidity Profile Through 1Q 2015 Cash 800 Undrawn Credit Facility* 162 million in cash * 2017 Convertible Notes 1.75% 500 million undrawn credit…
Capital and Expense Spending Reduced in Response to Low Commodity Prices Achieving Milestones MM Capital 1,000 900 800 895 700 600 695 500 Spending Reduction Effects 400 450 300 Net Capital Reduced 50% 200 100 LOE…
2015 Capital Focused on Deep Water Development Projects Achieving Milestones Capital Budget 450 mm Disciplined Capital Program With Catalysts 8% 88% 4% Gulf of Mexico D&C Cardona No. 6, Online 4Q15 GOM Appalachia Business…
Multi-Year Investment Opportunity In Deep Water Gulf of Mexico Achieving Milestones Legend 2015-17 Lafayette Prospect Pumpkin LaMontana Ridge Cayenne New Orleans Houston MP288 Valentine Horned Lark Pompano Carrick…
Leveraging Mississippi Canyon Infrastructure Achieving Milestones SGY Critical Mass 2 Platform Production Hubs * 50 Leases 20 Prospects Low Cost Tie-Backs Advantaged Infrastructure Pompano Production 25 MP288 Horned Lark…
Steady Cardona Production De-risks 6 Well Achieving Milestones Shale Out Cardona No. 4 and 5 - drilled Cardona Project On production December 2014 Cardona Salt Ahead of schedule, under budget SGY 65% W.I. Cardona 4 Gross volumes…
Amethyst Development Is On Track For Early 2016 Start Up Achieving Milestones Amethyst 100% working interest Discovered 2014 Gas and Condensate Reserve range 50-197 bcfe (Mean 118 bcfe) 25 75 mmcfepd initial rate potential…
Pompano Development Program Provides Highest ROR in Portfolio Achieving Milestones Pompano Platform A-25 ST Pompano Platform Rig SGY 100% Operator SGY PUD Pliocene A-15 ST2 SGY 100% W. I. SGY 100% 3 - 4 Well Program GY…
Near Term Exploration Prospects Provide Significant Potential Achieving Milestones Vernaccia Prospect Apple Prospect Derbio Prospect Rampart Prospect Salt Salt Salt Pompano Pompano Pompano Amberjack Amberjack…
Lamprey Prospect Adjacent to Great White Production Achieving Milestones AC 857 1 SGY 100% in 3 leases 104 - 547 mmboe gross Great White Producing to North DHC 67 mm net Great White Lamprey 2 Lamprey 1 3 Great…
Condensate Rich Marcellus Shale Provides Production Growth Achieving Milestones Christine Area 26,200 acres s Marcellus Drilling & Completion Time Out 2015 Mary Heather Field Mary Field 5,600 acres Proved Reserves: 526 bcfe…
Additional Infrastructure Expected To Reduce Future Differentials Achieving Milestones Midwest & Canada North & Northeast mmcfd Forward Market mmcfd Transco 525 Rockies Express 1,200 App differential with HH drops 1.09 in 2015…
Prolific Appalachia Utica Shale Extends Across Mary Field Achieving Milestones Range Claysville SC IP: 59 mmcfed Utica Dry Gas 35,000 Net Acres Potential 2016 Development Rice Bigfoot IP: 42 mmcfed Over 200 Potential Well…
Positioned to Succeed in Low Price Environment Achieving Milestones Active in low cost of supply basins Responding to low price environment Diversified across commodities and play types 2015 capex focused on near term cash…