- More on Stone Energy's (SGY) Q2 results: Says it hired a financial adviser to put up for sale some of its Gulf of Mexico assets in shallow and state waters as well as onshore Louisiana.
- Average production rose to 45.4K boe/day, up from 40.5K a year earlier.
- Marcellus shale contributed more than 75M cfe/day in Q2, with 16-18 additional wells expected to be brought on production during H2.
- Expects to spud its first deepwater operated well during H2.
Stone Energy plans to sell some Gulf of Mexico assets, shares rise AH
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