McMoRan Exploration Co

McMoRan engage in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area. Our exploration strategy is focused on the “deep gas play,” drilling to depths of 15,000 to 25,000 feet in the shallow waters of the Gulf of Mexico and Gulf Coast area to target large structures in the Deep Miocene, and on the “ultra-deep gas play” below 25,000 feet. We have one of the largest acreage positions in the shallow waters of these areas, which are our regions of focus.

Additional Information
Market: NYSE
Sector: Oil & Gas Exploration & Production
Latest Price: 16.75  (0,00%)
52-week High: 16.75
52-week Low: 16.75
Market Cap: 2,731.94M
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