STONE ENERGY CORPORATION Announces Entry into Comprehensive Restructuring Support Agreement With Senior Noteholders; Agrees to Sell Appalachia Assets to an affiliate of Tug Hill, Inc.

Stone Energy Corporation Logo. (PRNewsFoto/Stone Energy Corporation)LAFAYETTE, La., Oct. 20, 2016 /PRNewswire/ — Stone Energy Corporation (NYSE: SGY) today announced entry into a comprehensive restructuring support agreement and a purchase and sale agreement for its properties in the Appalachia basin.
Restructuring Support Agreement
As previously…

Source: PRNewsWire-Energy

STONE ENERGY CORPORATION Announces Entry into Comprehensive Restructuring Support Agreement With Senior Noteholders; Agrees to Sell Appalachia Assets to an affiliate of Tug Hill, Inc.