STONE ENERGY CORPORATION (NYSE:SGY) Files An 8-K Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
Energy Corporation as of December 31, 2016 and for the twelve
months ended December 31, 2016 are attached as Exhibit 99.1
hereto.
|
99.1
|
Unaudited pro forma consolidated financial statements
of Stone Energy Corporation as of December 31, 2016 and for the twelve months ended December 31, 2016 |
About STONE ENERGY CORPORATION (NYSE:SGY)
Stone Energy Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. The Company operates in the Gulf of Mexico (GOM) basin. It has leveraged its operations in the GOM conventional shelf and has its reserve base in the prolific basins of the GOM deep water, Gulf Coast deep gas, and the Marcellus and Utica shales in Appalachia. Its estimated proved oil and natural gas reserves are over 60 million barrels of oil equivalents (MMBoe) or 340 billion cubic feet equivalent (Bcfe). Over 95 MMBoe or 570 Bcfe of its estimated proved reserves are revised downward. It has made investments in seismic data and leasehold interests, and has geological, geophysical, engineering and operational operations in deep water arena to evaluate potential exploration, development and acquisition opportunities. It holds over two deep water platforms, producing reserves and various leases. STONE ENERGY CORPORATION (NYSE:SGY) Recent Trading Information
STONE ENERGY CORPORATION (NYSE:SGY) closed its last trading session down -1.49 at 24.32 with 965,775 shares trading hands.
