SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* STONE JAMES HIRAM (Last) (First) (Middle) 909 POYDRAS ST STE 2650 (Street) NEW ORLEANS LA 70112 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol STONE ENERGY CORP [ SGY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman of the Board
	3. Date of Earliest Transaction (Month/Day/Year) 06/27/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/27/2005(6)		A(6)		10,000	A	$0	1,038,234	D
Common Stock								3,810	I	Held by Son
Common Stock								3,810	I	Held by Daughter(2)
Common Stock								192,950	I	See note(3)
Common Stock								81,168	I	See note(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$36.46							11/14/2004(5)	11/14/2013	Common Stock	3,000		3,000	D
Employee Stock Option (Right to Buy)	$32.96							12/06/2003(5)	12/06/2012	Common Stock	40,000		40,000	D
Employee Stock Option (Right to Buy)	$58.156							05/18/2001(5)	05/18/2010	Common Stock	50,000		50,000	D
Employee Stock Option (Right to Buy)	$49.31	06/27/2005		A		15,000(1)		06/27/2006(5)	06/27/2015	Common Stock	15,000	$0(1)	15,000	D

Explanation of Responses:

1. Information such as "01/01/2004," "A" and "0" is provided although no activity for this holding.

2. By James H. Stone Interest Partnership, disclaims beneficial ownership of 59, 226 shares.

3. By James H. Stone Interest II Partnership, disclaims beneficial ownership of 16,234 shares.

4. By Stone Family Fund LLC, represents 4% beneficial interest in shares held by LLC.

5. Exercisable in annual increments of 20% beginning on the first anniversary of the date of grant.

6. Shares acquired are restricted stock. The restrictions lapse in annual increments of 33.3% with the first restriction lapse on June 27, 2006.

	James H. Stone	06/28/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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