Stone Energy (SGY) Q2 Production Slightly Above Guidance

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Go back to Stone Energy (SGY) Q2 Production Slightly Above Guidance

Stone Energy Corporation Provides Production Update

July 25, 2016 4:14 PM EDT

LAFAYETTE, La., July 25, 2016 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced estimated production for the quarter ended June 30, 2016 of approximately 29 MBoe (174 MMcfe) per day, consisting of approximately 59% oil, 9% natural gas liquids ("NGLs") and 32% natural gas.  This rate is slightly above the upper end of guidance for the quarter.  These production volumes included approximately 23 MBoe (138 MMcfe) per day from the Gulf of Mexico and 6 MBoe (36 MMcfe) per day from Appalachia.  Appalachian volumes included 21 MMcfe per day from the Heather and Buddy fields, 11 MMcfe per day of intermittent production from... More