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Stone Energy Corporation
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2015 Iberia Capital Oil & Gas Day
| Kenneth H. Beer | Page 12 of 11 |
November 23, 2024
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"2015 Iberia Capital Oil & Gas Day"
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Achieving Milestones 12 Pompano Platform Rig Pompano Platform Program Comprises Low Risk Development Wells A - 34 • SG Y 100 % • O pe r at o r SGY • P UD – M ai n M i o c e ne P o mp a n o P l a t f o rm A - 15 ST 2 A - 24 ST 2 • S GY 1 0 0 % • Ope r at or SGY • P UD – P l i o c e ne Arw e n • S G Y 100% • O pe r at o r SGY • M Sa n d A m pl i t ud e G il li gan • S G Y 50% • O pe r at o r SG Y • M Sand A m pl i t ud e M Sr. • S G Y 100% • O pe r at o r SGY • M Sand Am p l i t u d e A - 25 ST • SG Y 100 % • O pe r at o r SGY • P UD – P l i o c e ne A mb erja ck P l a t f o rm Bru tu s • S G Y 100% • O pe r at o r SGY • E - 2/E - 3 S an d A m pl i t ud e • S G Y 100% • O pe r at o r SGY • P UD - M ai n M i o c e ne Bingo • S G Y 50% • O p e r at o r SG Y • G S an d A m pl i t ud e bo e/d • SGY 100% W. I. • 3 - 4 Well Program • Existing Infrastructure • Net Investment: $116 mm • Expected Peak Production 5,900 boe/d • Net EUR: 5-20 mmboe (Pmean 11) • Dev Cost: $11 per boe • Oil Price: LLS = WTI + $3 • Incremental LOE $.34 boe Prepare Platform MOB Well work / Drills First Production Range DEMOB 2014 2015 2016 3Q 4Q 3Q 4Q1Q 2Q 1Q 2Q 0 1 2 3 4 5 6 7 No v-1 5 Dec -15 Jan -16 Feb -16 Ma r-1 6 Ap r-1 6 Ma y-1 6 Jun -16 Jul -16 Au g-1 6 Sep -16 Oc t-1 6 No v-1 6 Dec -16 Jan -17 Feb -17 Ma r-1 7 Ap r-1 7 Ma y-1 7 Jun -17 Jul -17 Au g-1 7 Sep -17 Oc t-1 7 No v-1 7 Dec -17 Expected Production Profile 3Q 4Q 2017 1Q 2Q