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

March 17, 2008
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))

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     Stone Energy Corporation (the “Company”) announced that Mr. Donald E. Powell accepted an appointment by the Board of Directors as a Class I director on March 17, 2008. As a Class I director, his term will expire on the date of the Annual Meeting of Shareholders in 2009.

Item 8.01.    Other Events.

     On March 17, 2008, the Company issued a press release announcing that Mr. Donald E. Powell has accepted an appointment by the Board of Directors as a Class I director. 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 8.01.

Item 9.01.    Financial Statements and Exhibits.

     (d) Exhibits

99.1 Press release dated March 17, 2008, “Stone Energy Corporation Announces the Appointment of a new Director.”

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: March 18, 2008	By:	/s/ J. Kent Pierret
		J. Kent Pierret Senior Vice President, Chief Accounting Officer and Treasurer

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press release dated March 17, 2008, “Stone Energy Corporation Announces the Appointment of a new Director.”

EX-99.1

Exhibit 99.1

STONE ENERGY CORPORATION

Announces the Appointment of a new Director

LAFAYETTE, LA. March 17, 2008

     Stone Energy Corporation (NYSE: SGY) today announced that Mr. Donald E. Powell has accepted an appointment by the Board of Directors as a Class I director. As a Class I director, Mr. Powell’s term will expire on the date of the Annual Meeting of Shareholders in 2009.

     Mr. Powell most recently served as the Federal Coordinator of Gulf Coast Rebuilding from November 2005 until March 2008. Mr. Powell was the 18th Chairman of the Federal Deposit Insurance Corporation, where he served from August 2001 until November 2005. Mr. Powell previously served as President and Chief Executive Officer of the First National Bank of Amarillo, where he started his banking career in 1971.

     Stone Energy is an independent oil and natural gas company headquartered in Lafayette, Louisiana, and is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties located primarily in the Gulf of Mexico. For additional information, contact Kenneth H. Beer, Chief Financial Officer, at 337-237-0410-phone, 337-237-0426-fax or via e-mail at CFO@StoneEnergy.com.