Management responsibilities

STONE ENERGY is dedicated to the highest standards of corporate citizenship by caring for the health and safety of our employees, safeguarding the environment, and creating a permanent, positive impact on the communities where we do business.

We believe safety starts with the initial engineering design for new projects, installations, and rig refurbishments, everything we build or upgrade. The emphasis on safety continues as part of our employee training, employee performance measurements, and contractor relationships. The goal in everything we do is to create a safe workplace for staff and contractors, with no accidents or job-related illnesses. We have had no fatalities on any of our jobs.

Environment

STONE ENERGY is committed to protecting and preserving the environment, just as we are to helping our customers provide energy for the world

STONE ENERGY, environmental protection is part of our corporate culture. It is the responsibility of everyone, at every level.

Valuing all Personnel

It is STONE ENERGY employees who make our company successful. Their hard work, innovation and dedication to clients are the reasons we have prospered. Our employees are the key to our future, and we strive to create a climate and culture that enables them to deliver their best performance. Our values are more than just words – they highlight the way we do our business:

Business Ethics

Our customers – many of which have done business with our company for decades – will testify to our business ethics and integrity. The STONE ENERGY Code of Ethics and Conflicts of Interest Regulations define our ethical principles and the standards that govern the business relations between employees, contractors, consultants and suppliers.

The socially important aspects of STONE ENERGY are managed on the basis of the Code of Business Policies, which regulates the company’s activities in occupational health and safety, environmental protection, control and finance, and relations with employees.

Stone Energy encourages and supports all programs which promote safety, good health and well-being. This policy endorses efforts which ensure the quality of health and safety while participating in Stone Energy work related activities. In support of this context, Stone Energy will conduct its activities so as to ensure:

As a Chairman, I will ensure that Stone Energy senior management provides the following elements needed to work in an incident and injury free environment and a safe and healthy manner:

Similarly, each one of us is personally accountable for our own health and safety as well as the health and safety of our colleagues and those affected by our decision and our actions. Stone Energy expects all employees and contractors regardless whether they are managers, supervisors or members of the workforce to make every effort to participate in, and contribute to the founding and adherence of safe working practices and procedures with the ultimate goal being an incident and injury free workplace.

Before commencing any activity, and though out the duration of any activity, each one of us must commit to:

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In closing, it is Stone Energy firm belief that an incident free workplace is possible, every day, 365 days a year in all our activities.

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