January 18, 2018 3:32 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Stone Energy Corporation

Company Overview

Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico. As of December 31, 2016, it had estimated proved oil and natural gas reserves of approximately 321 billion cubic feet of gas equivalent. The company was founded in 1993 and is headquartered in Lafayette, Louisiana.

625 East Kaliste Saloom Road

Lafayette, LA 70508

United States

Founded in 1993

241 Employees





Key Executives for Stone Energy Corporation

CFO & Executive VP
Age: 59
Total Annual Compensation: $380.0K
Chief Operating Officer
Age: 50
Total Annual Compensation: $305.0K
Senior VP, General Counsel & Secretary
Age: 61
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2016.

Stone Energy Corporation Key Developments

Stone Energy Corporation, Talos Energy LLC - M&A Call

To approve the combination of Talos and Stone in an all-stock transaction that will create a premier offshore-focused exploration and production company Talos Energy, Inc

Stone Energy Corporation Announces Amendment to Credit Agreement

Stone Energy Corporation received notice from Bank of America, N.A., as administrative agent and issuing lender under the fifth amended and restated credit agreement dated February 28, 2017, that its borrowing base under the credit agreement had been reduced to $100 million, effective November 8, 2017. Prior to the November 8, 2017 redetermination, available borrowings under the credit agreement were $150 million. The borrowing base under the credit agreement is predetermined semi-annually, in May and November, by the lenders, in accordance with the lenders' customary practices for oil and gas loans. On November 8, 2017, Stone had no outstanding borrowings and $12.6 million in letters of credit outstanding, leaving $87.4 million of availability under the credit agreement.

Stone Energy Corporation Presents at Capital One Securities 12th Annual Energy Conference, Dec-07-2017 11:00 AM

Stone Energy Corporation Presents at Capital One Securities 12th Annual Energy Conference, Dec-07-2017 11:00 AM. Venue: Omni Royal Orleans Hotel, New Orleans, Louisiana, United States. Speakers: James M. Trimble, Chief Executive Officer, President & Director.

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Recent Private Companies Transactions

November 21, 2017
February 8, 2017
Stone Energy, 53,400 Net Marcellus Acres, Including Drilling Rights on 44,100 Net Acres in the Utica

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