- Stone Energy (SGY) +6.4% AH after announcing the termination of its existing long-term deepwater rig contract with Ensco (ESV) for $20M; the ENSCO 8503 deepwater rig contract was at a dayrate of $341K and was scheduled to expire in August 2017.
- Additionally, SGY says it entered into an interim gas gathering and processing agreement with Williams Cos. (WMB) at the Mary field in Appalachia, which SGY says provides near-term relief by permitting it to resume production at the Mary field.
Stone Energy ends rig contract with Ensco; to resume output at Mary field
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|---|---|---|
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