McMoRan Exploration

Latest McMoRan Exploration News

• To maximize production from the well and enable effective formation penetrations, McMoRan plans to use electric wireline casing guns that are larger than the tubing guns used to perforate the Wilcox 'C' and 'D' sands.
• Blockage from drilling fluid associated with initial drilling operations prevented McMoRan from obtaining a measurable flow rate.

• As previously reported, McMoRan saw positive pressure response from the Wilcox 'D' sand which was perforated on March 24, 2012.
• Currently, the test is ongoing from only the Wilcox 'D' sand, which resulted in the flare shown in the exhibit attached.

• McMoRan Exploration Co. today updated its ultra-deep exploration and development activities in the shallow waters of the Gulf of Mexico (GOM) Shelf and onshore in the Gulf Coast area.

• McMoRan Exploration company finds Additional Hydrocarbons in its Lafitte ultra-deep prospect, which is located on Eugene Island Block 223 in approximately 140 feet of water.
• McMoRan plans to apply for a permit to deepen the Lafitte well to a proposed total depth of 32,000 feetto evaluate deeper Miocene and Oligocene objectives.

• McMoRan announced results from interim logging operations at the Lafitte ultra-deep exploration well located on Eugene Island Block 223 in 140 feet of water
• Wireline logs indicate several Lower Miocene sands below 24,300 feet that appear to be hydrocarbon bearing
• Lafitte is McMoRan's third ultra-deep prospect to encounter Miocene age sands below the salt weld on the Shelf of the Gulf of Mexico

McMoRan Exploration Who's Who

McMoRan Exploration Offices