McMoran Exploration Co.

Public Company, Headquarters Location
1615 Poydras St., New Orleans, LA 70112-1254, United States
(504)582-4000, (504)582-4899 fax, http://www.mcmoran.com

Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: McMoRan Exploration Co. is a Delaware corporation headquartered in New Orleans, La. The company has engaged in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area for more than 35 years. The company's oil and gas operations are conducted through McMoRan Oil and Gas LLC, its principal operating subsidiary. McMoRan Exploration's estimated proved oil and natural gas reserves at December 31, 2008 totaled 344.8 Bcfe, of which 70 percent represented natural gas reserves. The company has significant expertise in various exploration and production technologies, including the incorporation of 3-D seismic interpretation capabilities with traditional structural geological techniques, offshore drilling to significant total depths and horizontal drilling. Separate from the company's oil and gas operations, McMoRan Exploration is continuing to develop the Main Pass Energy Hub multifaceted energy services project, which would include the potential development of a liquefied natural gas regasification and storage facility through its wholly-owned subsidiary, Freeport-McMoRan Energy LLC.Mining: Exploration, development and production of oil and natural gas offshore and purchasing, transporting, terminalling, processing and marketing of sulphur.