
Preheat the oven to 375?F.
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Drain the oysters, reserving 1 cup of the liquor. Set aside.
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Heat the oil in a skillet over medium-high heat. Add the onions, bell peppers, celery, salt, and cayenne. SautÈ for about 5 minutes, or until wilted. Add the bay leaves, garlic, and parsley. SautÈ for about 1 minute. Add the water and cook for 2 to 3 minutes, stirring constantly. Add the green onions, the oyster liquor, and the bread. Stir. Remove from the heat.
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In a mixing bowl, combine the bread mixture with the oysters and the cheese. Mix thoroughly. Butter a 9 X 11-inch baking pan and pour in the mixture. Bake for about 1 hour, or until bubbly and golden brown.
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Remove the bay leaves and serve hot.
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Yield: 4 to 6 servings (about 5 cups)