Stone Energy to take BP's interest in Gulf projects

摘要

Stone Energy Corp., Lafayette, La., (NYSE: SGY) plans to acquire various Gulf of Mexico assets from BP Pic, London, (NYSE: BP) for $204 million in cash.The assets include a 75% operated working interest in five-block deepwater Pompano Field in Mississippi Canyon, a 51% operated working interest in adjacent Mississippi Canyon Block 29, a 50% nonoperated working interest in Mica Field, which ties back to the Pompano platform, and interests in certain deepwater exploration leases in the vicinity of Pompano Field.