Stone Energy Restarts Production at Amberjack

Mississipi Canyon
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Stone Energy says production has recommenced at the Mississippi Canyon 109 Amberjack Platform following repairs and rerouting of the oil pipeline damaged during Hurricane Katrina in August 2005. Limited oil production from the Amberjack Platform was initially restored in early September via barging, but the restoration of the pipeline should allow Stone to produce from the platform at a rate of approximately 50-60 MMcfe per day, net to Stone, during the fourth quarter. This should enable Stone to produce company-wide at a rate of approximately 250 MMcfe per day in the fourth quarter.

Stone has a 100% working interest in Block 109 and a 24.8% working interest in Block 108 and is the operator of the field.

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