Stone Energy Corp.

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Stone Energy Corp. of Lafayette, La. has been reported in September, 2008 to have one well drilled in the Deleware River Basin. The company is expecting to fracture the well in the forth quarter of 2008.

In November, 2008 it was reported Stone had the one and only well drilled so far in Wayne County, Pennsylvania, although both Chesapeake Energy and Cabot Oil and Gas Corp. have been very active leasing drilling rights in the that County. It is unknown whether this is the same well referred to in September as the reports were from different sources.

Kenneth H. Beer is Stone's chief financial officer.