Stone reported that 82.6% of its stockholders were represented at the special meeting called to consider approval of issuance of additional shares of Stone common stock pursuant to the merger agreement. Approximately 97.3% of the shares represented at the meeting voted in favor of the proposal. Bois d'Arc reported that 92.1% of its stockholders were represented at the special meeting called to consider approval of the merger agreement. Approximately 99.7% of the shares represented at the meeting voted in favor of the transaction.
Stone and Bois d'Arc expect to close the merger on
Stone Energy is an independent oil and natural gas company headquartered
in
Bois d'Arc Energy is a growing independent exploration company engaged in
the discovery and production of oil and natural gas in the
Certain statements in this press release are forward-looking and are based upon Stone's current belief as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities that Stone plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future, including future production of oil and gas, future capital expenditures and drilling of wells and future financial or operating results are forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include the timing and extent of changes in commodity prices for oil and gas, drilling and other operating risks, tropical cyclones, including hurricanes, tropical storms and tropical depressions, and other risk factors as described in Stone's Annual Report on Form 10-K and Current Reports on Form 10-Q as filed with the Securities and Exchange Commission ("SEC"). Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, Stone's actual results and plans could differ materially from those expressed in the forward-looking statements.
SOURCE Stone Energy Corporation