Reuters logo
BRIEF-Stone Energy announces auction results for sale of Appalachia properties
February 9, 2017 / 10:22 AM / in 8 months

BRIEF-Stone Energy announces auction results for sale of Appalachia properties

Feb 9 (Reuters) - Stone Energy Corp

* Stone Energy Corporation announces auction results for sale of Appalachia properties

* Says deal for a sales price of $527 million

* Says pursuant to terms of PSA, Stone agreed to sell properties to Tug Hill for $360 million in cash

* Says Stone entered into PSA in conjunction with previously announced comprehensive balance sheet restructuring efforts

Source text for Eikon:

Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below