-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J2cfwRlMbvaU1W86fuHWx7YKKKh/v3fQT0qnq5m1AvDEHdFhieRsrzLc5R5Dwy7x EcBZQHEZ8sMmL7jdEzRVTQ== 0000950129-05-011953.txt : 20051214 0000950129-05-011953.hdr.sgml : 20051214 20051214163106 ACCESSION NUMBER: 0000950129-05-011953 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051213 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051214 DATE AS OF CHANGE: 20051214 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: 051264206 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 h31279e8vk.htm STONE ENERGY CORPORATION 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
December 13, 2005
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)
  (IRS Employer
Identification 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))
 
 

 


 

Section 7 — Regulation FD Item 7.01. Regulation FD Disclosure.
     On December 13, 2005, we issued a press release announcing an update for the filing of our September 30, 2005 Form 10-Q and the restated financial statements for 2004 and prior periods. 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 foregoing information, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information and Exhibit 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 a filing.
Section 9 — Financial Statements and Exhibits Item 9.01. Financial Statements and Exhibits.
     (c) Exhibits
     
99.1
  Press release dated December 13, 2005, “Stone Energy Corporation Announces Update for Filing of Financial Statements.”

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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: December 14 , 2005  By:   /s/ Kenneth H. Beer    
    Kenneth H. Beer   
    Senior Vice President and Chief Financial Officer   

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EXHIBIT INDEX
     
Exhibit
Number
   
Description
 
 
 
 
   
99.1
  Press release dated December 13, 2005, “Stone Energy Corporation Announces Update for Filing of Financial Statements.”

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EX-99.1 2 h31279exv99w1.htm PRESS RELEASE DATED DECEMBER 13, 2005 exv99w1
 

Exhibit 99.1
STONE ENERGY CORPORATION
Announces Update for Filing of Financial Statements
LAFAYETTE, LA. December 13, 2005
     Stone Energy Corporation (NYSE: SGY) announced today that the filing of its 2005 third quarter 10-Q and the restated financial statements for 2004 and prior periods will be delayed until March 2006. The delay will enable Stone to have its reserves audited by nationally recognized reserve consulting firms as of December 31, 2005, including a majority of the reserves being fully engineered by these third party firms. Stone believes that it will be in a position to file its financials in March 2006, but no assurance can be given as to the actual filing date.
     As a result of this delay in filing, Stone has asked the lenders under its bank credit facility for an extension for the filing of these financials. During this period, until the filing of the restated financial statements, Stone will still provide operational updates and selected financial information to investors.
     As previously announced, Stone has concluded that because of its downward revision of proved reserves, a restatement of the financial statements will be required for the periods from 2001 to 2004 and for the first six months of 2005. Accordingly, the 2004 financial statements and the independent registered public accounting firm’s report related to the fiscal 2004 period contained in Stone’s prior filings with the Securities and Exchange Commission should no longer be relied upon.
     Stone Energy is an independent oil and gas company headquartered in Lafayette, Louisiana, and is engaged in the acquisition and subsequent exploration, development, operation and production of oil and gas properties located in the conventional shelf of the Gulf of Mexico (GOM), deep shelf of the GOM, deep water of the GOM, Rocky Mountain basins and the Williston Basin. For additional information, please contact Kenneth H. Beer, Senior Vice President and Chief Financial Officer, at 337-521-2210-phone, 337-237-0426-fax or via e-mail at CFO@StoneEnergy.com.
     Certain statements in this press release are forward-looking and are based upon Stone’s current belief as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities that Stone plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future, including future production of oil and gas, future capital expenditures and drilling of wells and future financial or operating results are forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include the timing and extent of changes in commodity prices for oil and gas, operating risks and other risk factors as described in Stone’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, Stone’s actual results and plans could differ materially from those expressed in the forward-looking statements.

 

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