8-K

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

January 14, 2008
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))

TABLE OF CONTENTS

Press Release

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     Stone Energy Corporation (the “Company”) announced that its founder and chairman, Mr. James H. Stone, passed away January 14, 2008. Mr. Stone served as a director and chairman of the board of the Company since 1993.

Item 8.01. Other Events.

     On January 15, 2008, the Company issued a press release announcing that its founder and chairman, Mr. James H. Stone, passed away January 14, 2008. Mr. Stone served as a director and chairman of the board of the Company since 1993. 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 8.01.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits

99.1 Press release dated January 15, 2008, “Stone Energy Corporation Announces the death of its Founder and Chairman.”

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: January 17, 2008	By:	/s/ J. Kent Pierret J. Kent Pierret
		Senior Vice President,
		Chief Accounting Officer
		and Treasurer

Exhibit Index

99.1 Press release dated January 15, 2008, “Stone Energy Corporation Announces the death of its Founder and Chairman.”

EX-99.1

Exhibit 99.1

STONE ENERGY CORPORATION
Announces the death of its Founder and Chairman

LAFAYETTE, LA. January 15, 2008

     Stone Energy Corporation (NYSE: SGY) sadly announced that its founder and chairman, Mr. James H. Stone, passed away yesterday evening.

     Mr. Stone started his first oil and gas company over 55 years ago and brought Stone Energy Corporation public in 1993. Under his leadership and direction, the company has grown to a market capitalization of over $1.2 billion.

     “Jimmy will be sorely missed by the company, his friends and his family,” stated David Welch, Chief Executive Officer. “He built Stone Energy into a premier energy company, and his positive influence on the company will continue long after his death. Jimmy provided the company with great leadership, enthusiasm and business savvy during his tenure as CEO and Chairman. Our thoughts and prayers go out to his family.”

     Mr. Stone was a decorated Marine Corps officer in World War II and the Korean War. He was a graduate of Williams College, attended Texas A&M graduate school in geology, and was a long-time resident of New Orleans, Louisiana. Mr. Stone was 82 years old.

     Stone Energy is an independent oil and natural gas company headquartered in Lafayette, Louisiana, and is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties located primarily in the Gulf of Mexico. Stone is also engaged in an exploratory joint venture in Bohai Bay, China. For additional information, contact Kenneth H. Beer, Chief Financial Officer, at 337-237-0410-phone, 337-237-0426-fax or via e-mail at CFO@StoneEnergy.com.