Stone Energy (SGY) says year-end 2012 estimated proved reserves were 129 MMboe or 773 Bcfe, vs....

|About: Stone Energy Corp (SGY)|By:, SA News Editor

Stone Energy (SGY) says year-end 2012 estimated proved reserves were 129 MMboe or 773 Bcfe, vs. 100 MMboe or 602 Bcfe at year-end 2011, a 28% Y/Y increase. From all sources, SGY replaced ~288% of production in 2012. Production guidance for Q4 of 42.5K-45K boe/day is confirmed toward the upper end of the range; 2013 guidance remains at 41K-44K boe/day.