0000950123-11-066390.txt : 20110719 0000950123-11-066390.hdr.sgml : 20110719 20110719105658 ACCESSION NUMBER: 0000950123-11-066390 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110718 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110719 DATE AS OF CHANGE: 20110719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STONE ENERGY CORP CENTRAL INDEX KEY: 0000904080 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 721235413 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12074 FILM NUMBER: 11974185 BUSINESS ADDRESS: STREET 1: 625 E KALISTE SALOOM RD CITY: LAFAYETTE STATE: LA ZIP: 70508 BUSINESS PHONE: 3182370410 MAIL ADDRESS: STREET 1: 625 E KALISTLE SALOOM RD CITY: LAFAYETTE STATE: LA ZIP: 70508 8-K 1 h83583e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
July 18, 2011
Date of report (Date of earliest event reported)
STONE ENERGY CORPORATION
 
(Exact Name of Registrant as Specified in Charter)
         
Delaware   1-12074   72-1235413
         
(State or Other
Jurisdiction of
Incorporation)
  (Commission File
Number) I
  (IRS Employer
dentification No.)
     
625 E. Kaliste Saloom Road    
Lafayette, Louisiana   70508
     
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (337) 237-0410
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))
 
 

 


 

Item 7.01.   Regulation FD Disclosure.
     On July 18, 2011, we issued a press release announcing a discovery at our LaPosada Prospect located in Vermilion Parish, LA. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.
     In accordance with General Instruction B.2 of Form 8-K, the information in this report, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01.   Financial Statements and Exhibits
     (d) Exhibits:
         
  99.1    
Press release dated July 18, 2011, “Stone Energy Corporation Announces LaPosada Prospect Discovery.”

 


 

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, Stone Energy Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  STONE ENERGY CORPORATION
 
 
Date: July 19, 2011  By:   /s/ J. Kent Pierret    
    J. Kent Pierret   
    Senior Vice President, Chief Accounting Officer and Treasurer   

 


 

         
EXHIBIT INDEX
         
Exhibit    
Number   Description
  99.1    
Press release dated July 18, 2011, “Stone Energy Corporation Announces LaPosada Prospect Discovery.”

 

EX-99.1 2 h83583exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
STONE ENERGY CORPORATION
Announces LaPosada Prospect Discovery
LAFAYETTE, LA. July 18, 2011
Stone Energy Corporation (NYSE: SGY) announced today a discovery at its LaPosada Prospect (also called La Cantera) located in Vermilion Parish, LA. Stone has an approximate 33% working interest in the well, which reached a depth of 18,550 feet and logged 176 feet of highly resistive sand within the primary Cris R Massive objective. As a result of stuck pipe in the bottom 550 feet of the well, the operator (PetroQuest; NYSE: PQ) was only able to obtain porosity information in the upper portion of the logged sands which confirmed 37 feet of net commercial pay. The operator is preparing to side track the wellbore in order to fully evaluate the entire sand package and test deeper objectives. The well has a proposed vertical depth of 19,300 feet and Stone expects to be on production by early 2012.
The LaPosada well represents the second discovery Stone has made in the Deep Gas play of south Louisiana, following the previously announced success at South Erath. Stone is also participating in another onshore Deep Gas exploratory test at Lighthouse Bayou in Cameron Parish, Louisiana, which is currently drilling at a depth of approximately 20,000 feet, with a planned total depth of approximately 25,000 feet. In addition, Stone has identified Deep Gas prospects in the Gulf of Mexico Shelf, where the company is the third largest lease owner and is maturing these prospects for its 2012 and 2013 drilling program.
Stone Energy is an independent oil and natural gas exploration and production company headquartered in Lafayette, Louisiana with additional offices in New Orleans, Houston and Morgantown, West Virginia. Our business strategy is to leverage cash flow generated from existing assets to maintain relatively stable GOM shelf production, profitably grow gas reserves and production in price-advantaged basins such as Appalachia and the Gulf Coast Basin, and profitably grow oil reserves and production in material impact areas such as the deep water GOM and the Rocky Mountain region. For additional information, contact Kenneth H. Beer, Chief Financial Officer, at 337-521-2210 phone, 337-521-9880 fax or via e-mail at CFO@StoneEnergy.com.