-----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, POOXuTc+Rj2VqrFFBfyxYUUttyEQOfBhJ65R29uETnCifOOlGbVYU4/ZrZLyVAot mLOYbnl1DhrJOboW0fZvBQ== 0000950129-05-011115.txt : 20051116 0000950129-05-011115.hdr.sgml : 20051116 20051116110950 ACCESSION NUMBER: 0000950129-05-011115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051114 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051116 DATE AS OF CHANGE: 20051116 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: 051208600 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 h30526e8vk.htm STONE ENERGY CORPORATION e8vk
 

 
 
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
November 14, 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:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))
 
 

 


 

Section 7 – Regulation FD
Item 7.01. Regulation FD Disclosure.
     On November 14, 2005, we issued a press release announcing a delay in the filing of our September 30, 2005 Form 10-Q pending the filing of our amended Form 10-K for the year 2004 and our amended current reports on Forms 10-Q for the periods ended March 31, 2005 and June 30, 2005. 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.
Section 9 – Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
     (c) Exhibits
  99.1   Press release dated November 14, 2005, “Stone Energy Corporation Announces Delay in Filing of Reports to Securities and Exchange Commission.”

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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: November 16 , 2005  By:   /s/ J. Kent Pierret    
    J. Kent Pierret   
    Senior Vice President,
Chief Accounting Officer
and Treasurer 
 
 

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EXHIBIT INDEX
     
Exhibit    
Number   Description
 
99.1
  Press release dated November 14, 2005, “Stone Energy Corporation Announces Delay in Filing of Reports to Securities and Exchange Commission.”

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EX-99.1 2 h30526exv99w1.htm PRESS RELEASE DATED NOVEMBER 14, 2005 exv99w1
 

Exhibit 99.1
STONE ENERGY CORPORATION
Announces Delay in Filing of Reports to Securities and Exchange Commission
LAFAYETTE, LA. November 14, 2005
     On November 8, 2005, Stone Energy Corporation (NYSE: SGY) issued a press release in which it announced that it will restate historical financial statements for the periods from 2001 to 2004 and for the first six months of 2005. As previously announced, the 2004 financial statements and the independent registered public accounting firm’s report related to the fiscal 2004 period contained in Stone’s prior filings with the Securities and Exchange Commission (“SEC”) should no longer be relied upon. The reserve revisions were previously announced in a press release on October 6, 2005.
     Stone will amend its Form 10-K for the year ended December 31, 2004 and its quarterly reports on Form 10-Q for the periods ended March 31, 2005 and June 30, 2005. Stone’s Form 10-Q for the period ended September 30, 2005 will be delayed pending the filing of the amended Form 10-K and Forms 10-Q. Stone hopes to file these reports in December 2005, but no assurance can be given as to the actual timing of such filings.
     Because of the delay in Stone’s filings, Stone may not be in compliance with certain of its obligations to file or deliver to relevant parties its SEC reports and financial statements under its public debt indentures and its bank credit agreement. Stone is seeking waivers from the lenders under its bank credit agreement to extend its time to file financial statements. Under the indentures, the delay in filing the reports does not automatically result in an event of default. Instead, the holders of 25 percent of the outstanding principal amount of any series of debt securities issued under such indentures would have to provide notice of non-compliance and Stone would have 60 days from the receipt of such notice to cure the default. Stone is providing notice of the delay to the trustee under the indentures, but has not received notice from these debt holders. If the default was not cured and an acceleration of debt securities were to occur, Stone may be unable to meet its payment obligations with respect to the related debt.
     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 basins and the Williston Basin. For additional information, please contact Kenneth H. Beer, Senior Vice President and Chief Financial Officer, at 337-521-2210-phone, 337-237-0426-fax or via e-mail at CFO@StoneEnergy.com.

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