-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IWIoLheYfCImjYgWIpu2eTzznEUMPB9zZ39avafnh2+tyCRMRuLttMkWkXo2Rt+y lhBwwzZ4Q47Bfa1Ku2nnCg== 0000904080-05-000041.txt : 20050520 0000904080-05-000041.hdr.sgml : 20050520 20050520105609 ACCESSION NUMBER: 0000904080-05-000041 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050518 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050520 DATE AS OF CHANGE: 20050520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STONE ENERGY CORP CENTRAL INDEX KEY: 0000904080 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 721235413 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12074 FILM NUMBER: 05846788 BUSINESS ADDRESS: STREET 1: 625 E KALISTE SALOOM RD CITY: LAFAYETTE STATE: LA ZIP: 70508 BUSINESS PHONE: 3182370410 MAIL ADDRESS: STREET 1: 625 E KALISTLE SALOOM RD CITY: LAFAYETTE STATE: LA ZIP: 70508 8-K 1 f8kincreasecapex5-05.htm FORM 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

 

May 18, 2005

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:

 

 

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

 

 

 

 

 

 

 


 

 

Item 7.01.

Regulation FD Disclosure.

 

On May 19, 2005, we issued a press release announcing the results of our 2005 Annual Meeting of Stockholders and our board of directors’ approval of an increase in 2005 estimated capital spending from $315 million to $390 million. 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 7.01.

 

In accordance with General Instruction B.2 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(c) Exhibits

 

                

99.1

Press release dated May 19, 2005, “Stone Energy Corporation Announces Results of Annual Meeting and Increase in 2005 Capital Spending.”

 

 

 

 

 

-2-

 


 

 

 

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: May 20, 2005

 

By:

/s/ James H. Prince

 

 

 

 

James H. Prince

Executive Vice President and

Chief Financial Officer

 

 

 

 

 

 

 

 

-3-

 


 

 

EXHIBIT INDEX

 

Exhibit Number

Description

 

 

99.1

Press release dated May 19, 2005, “Stone Energy Corporation Announces Results of Annual Meeting and Increase in 2005 Capital Spending.”

 

 

 

 

 

-4-

 


 EX-99 2 f8kincreasecapex99-1.htm EHIBIT 99.1 - PRESS RELEASE Exhibit 99.1

 

 

Exhibit 99.1

 

STONE ENERGY CORPORATION

Announces Results of Annual Meeting and Increase in 2005 Capital Spending

 

LAFAYETTE, LA. May 19, 2005

 

Stone Energy Corporation (NYSE: SGY) today announced the results of its 2005 Annual Meeting of Stockholders held on May 18, 2005 in New Orleans. At the meeting, the stockholders re-elected Robert A. Bernhard, James H. Stone and David H. Welch to serve as directors until the 2008 Annual Meeting of Stockholders. In addition to electing directors, the stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2005.

 

Also, the board of directors approved a revised 2005 capital spending budget of $390 million, before acquisitions and capitalized overhead costs, representing a $75 million, or 24%, increase over the prior budget of $315 million. The increase is expected to be allocated to further exploration and development on Stone’s newly acquired Williston Basin acreage and its additional exploration opportunities in the Gulf of Mexico.

 

Stone Energy is an independent oil and gas company headquartered in Lafayette, Louisiana, and is engaged in the acquisition and subsequent exploration, development, operation and production of oil and gas properties located in the conventional shelf of the Gulf of Mexico (GOM), deep shelf of the GOM, deep water of the GOM, Rocky Mountain gas basins and Williston Basin oil. For additional information, please contact James H. Prince, Executive Vice President and Chief Financial Officer, at 337-237-0410-phone, 337-237-0426-fax or via e-mail at princejh@StoneEnergy.com.

 

Certain statements in this press release are forward-looking, and are based upon Stone Energy's current belief as to the outcome and timing of future events. All statements, other than statements of historical fact, that address activities that Stone Energy plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future, including future production of oil and gas, future capital expenditures and drilling of wells and future financial or operating results, are forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include the timing and extent of changes in commodity prices for oil and gas, operating risks and other risk factors as described in Stone Energy's Annual Report on Form 10-K as filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, Stone Energy's actual results and plans could differ materially from those expressed in the forward-looking statements.

 

 

 

 

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