THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Stone Energy Corporation (SGY)

3/29/2006 Proxy Information

James H. Stone, the Chairman of the Board of Directors, owns up to 7.5% of the working interests in the Weeks Island Field. This interest was acquired prior to our initial public offering in 1993. In his capacity as working interest owner, he is required to pay a proportional share of all costs and is entitled to receive his proportional share of revenue.

The son of John P. Laborde, one of our directors, has an interest in several marine service companies that provided services to the Company during 2005. Mr. Laborde has no interest in these companies. The value of these services in 2005 was approximately $1.9 million.

3/31/2005 Proxy Information

James H. Stone, the Chairman of the Board of Directors, owns up to 7.5% of the working interests in the Weeks Island Field. This interest was acquired prior to our initial public offering in 1993. In his capacity as working interest owner, he is required to pay a proportional share of all costs and is entitled to receive his proportional share of revenue.

D. Peter Canty, a director and the Company’s former Chief Executive Officer, and James H. Prince, the Company’s Chief Financial Officer, were granted net profits interests in certain of the oil and gas properties that the Company acquired prior to the Company’s initial public offering in 1993. In addition, Michael E. Madden, the Company’s Vice President of Exploration and Production Technology, was granted an overriding royalty interest in some of the Company’s properties by an independent third party. At the time that he was granted this interest, he was serving the Company as an independent engineering consultant. The recipients of net profits and overriding royalty interests are not required to pay capital costs incurred on the properties burdened by such interests. As a result of these transactions, a conflict of interest may exist between the Company and such officers and directors with respect to the drilling of additional wells or other development operations.

Upon his retirement, the Company agreed to a consulting arrangement with Mr. Canty whereby he was paid $235,000 for consulting services for the period April 1, 2004 through December 31, 2004. There is no agreement for consulting services with Mr. Canty for the year ended December 31, 2005.

The son of John P. Laborde, one of our directors, has an interest in several marine service companies that provided services to the Company during 2004. Mr. Laborde has no interest in these companies. The value of these services was approximately $1.5 million.

4/5/2004 Proxy Information

The son of John P. Laborde, one of our directors, has an interest in several marine service companies that provided services to the Company during 2003. Mr. Laborde has no interest in these companies. The value of these services was approximately $3.0 million.

James H. Stone and Joe R. Klutts, two of the Companyřs directors, collectively own 9% of the working interests in the Weeks Island Field. These interests were acquired at the same time as the Companyřs predecessor acquired its interests in the Weeks Island Field. In their capacity as working interest owners, they are required to pay their proportional share of all costs and are entitled to receive their proportional share of revenues.

D. Peter Canty, a director and the Company’s Chief Executive Officer (until April 1, 2004), and James H. Prince, the Company’s Chief Financial Officer, were granted net profits interests in certain of the oil and gas properties that the Company acquired prior to the Company’s initial public offering in 1993. In addition, Michael E. Madden, the Company’s Vice President of Engineering, was granted an overriding royalty interest in some of the Company’s properties by an independent third party. At the time that he was granted this interest, he was serving the Company as an independent engineering consultant. The recipients of net profits and overriding royalty interests are not required to pay capital costs incurred on the properties burdened by such interests. As a result of these transactions, a conflict of interest may exist between the Company and such officers and directors with respect to the drilling of additional wells or other development operations.

3/27/2003 Proxy Information

James H. Stone and Joe R. Klutts, two of the Company’s directors, collectively own 9% of the working interests in the Weeks Island Field. These interests were acquired at the same time as the Company’s predecessor acquired its interests in the Weeks Island Field. In their capacity as working interest owners, they are required to pay their proportional share of all costs and are entitled to receive their proportional share of revenues.

D. Peter Canty, the Company’s Chief Executive Officer, and James H. Prince, the Company’s Chief Financial Officer, were granted net profits interests in certain of the oil and gas properties that the Company acquired prior to the Company’s initial public offering in 1993. In addition, Michael E. Madden, the Company’s Vice President of Engineering, was granted an overriding royalty interest in some of the Company’s properties by an independent third party. At the time that he was granted this interest, he was serving the Company as an independent engineering consultant. The recipients of net profits and overriding royalty interests are not required to pay capital costs incurred on the properties burdened by such interests.

As a result of these transactions, a conflict of interest may exist between the Company and such officers and directors with respect to the drilling of additional wells or other development operations.

Joe R. Klutts, one of the Company’s directors, received $17,000 in consulting fees during 2002.

Laborde Marine LLC, a company in which John P. Laborde’s son has an interest, provided marine transportation services utilized in drilling and production activities to the Company during 2002. John P. Laborde, one of the Company’s directors, has no interest in Laborde Marine LLC. The value of these services was approximately $1.7 million.

The law firm of Gordon, Arata, McCollam, Duplantis and Eagan, of which B.J. Duplantis, one of the Company’s directors, is a Senior Partner, provided legal services for us during 2002. The value of these services totaled approximately $14,000 during 2002.