Energy & Mining International - Summer 2012 - (Page 110)

E M I S T O N E E N E R G Y C O R P. THE MARCELLUS SHALE SUMMER 2012 From Stone Stone Energy Corp.’s strategy in Appalachia is succeeding thanks in no small part to a strong, local workforce and a focus on efficiency. • Morgantown, W.V. Stone Energy Corp. is an independent oil and gas exploration. firm concentrating its efforts on the Appalachian Mountains.. “The company has a $625 million budget this year overall and $200 million of that is for Appalachia.” // RICK TOOTHMAN, vice president [ B Y S TA C I D AV I D S O N ] Many people’s first thoughts of the Appalachia region may turn to moonshine, Daniel Boone and country and bluegrass music, but the area that surrounds the Appalachian Mountain range PROFILE Stone Energy Corp. 2011 revenues: $859.2 million | Headquarters: Lafayette, La. | Employees: Approx. 375 Specialty: Oil and gas exploration and production and spans from northeastern Mississippi up to western New York is also well known for its vast natural resources. It is this particular characteristic of the region that attracted Stone Energy Corp. to the area, to execute its strategy to profitably grow its gas reserves. Based in Lafayette, La., Stone Energy also has offices in New Orleans, Houston and Morgantown, W.V. As an independent oil and natural gas exploration and production company, Stone Energy is fo- cused on leveraging high cash flow generated from existing assets to maintain relatively stable production in the Gulf of Mexico shelf, profitably grow its gas reserves in price-advantaged basins and profitably grow its oil reserves in material impact areas such as deep-water Gulf of Mexico. A publicly traded company for nearly two decades, the company has traditionally focused on the Gulf of Mexico, but changing market conditions have begun to draw its interest further North. 110

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012