Kenneth Beer, Chief Financial Officer and Executive Vice President of Stone Energy Corporation (NYSE: SGY), presented today at EnerCom’s The Oil & Gas Conference 20®.
Stone Energy Corporation is an independent oil and natural gas exploration and production company headquartered in Lafayette, Louisiana, with additional offices in New Orleans, Louisiana, Houston, Texas and Morgantown, West Virginia.
In Q2’15, Stone Energy exceeded its production guidance and recognized an upward working interest adjustment to select wells in the Mary Field of the Appalachia. The company expects to have volumes from its Cardona #6 and Amethyst Gulf of Mexico projects online by Q4’15 and Q1’16, respectively.
During the company’s breakout session, management was asked the following questions:
- What is your financing approach on handling interest expenses?
- Can you explain the process that goes into Cardona 7 and other Gulf projects?
- What is the current production of an average Appalachia well? How do you relate your capital investments with the Henry Hub future strip prices?
- What is the cost of a Gulf well per day?
- Do you believe you can reduce F&D costs?
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