Stone stacks rig, cuts capex

US independent Stone Energy has slashed its capital expenditure guidance for the rest of the year, postponing all deep-water drilling plans until at least early 2017.

Stacked: Stone lays up Pompano platform rig
Stacked: Stone lays up Pompano platform rig
Published 2 August 2016, 22:24Updated 25 October 2016, 15:15
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