Stone Energy Corporation is an independent oil and natural gas company engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. During fiscal, 2013, its estimated proved oil and natural gas reserves were approximately 864 Bcfe. The Company has made two significant acquisitions that included two deep water platforms, producing reserves and numerous leases. The Company began securing leasehold interests in the Appalachia regions of Pennsylvania and West Virginia and during fiscal, 2013. The deep gas play provides us with potential exploration opportunities with infrastructure nearby, which shortens the time to production. The Company�s generate cash flows from existing reserves through work overs and recompletions of existing wells and the application of other techniques designed to add production to help mitigate some of the natural decline of the GOM conventional shelf.