McMoRan Exploration Co. - Oil & Gas - Deals and Alliances Profile

McMoRan Exploration Co. - Oil & Gas - Deals and Alliances Profile

Summary

Global Market Direct’s McMoRan Exploration Co. - Oil & Gas - Deals and Alliances Profile is an essential source for company data and information. The profile examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy as well as highlighting the company’s major recent financial deals.

McMoRan Exploration Co. (McMoRan Exploration) is an independent oil and gas company. It is engaged in the exploration, development and production of crude oil and natural gas. The company principally operates in the Gulf of Mexico and onshore in the Gulf Coast region. The oil and gas properties of McMoRan Exploration are located on the outer continental shelf in the shallow waters of the Gulf of Mexico. Its oil and gas operations are conducted through McMoRan Oil & Gas LLC (MOXY), its principal operating subsidiary. The company is headquartered at New Orleans in Louisiana, the US

And More inside the report…

Recent Developments

Dec 29, 2009: McMoRan Exploration Updates On Its Gulf Of Mexico Exploration Activities
Dec 29, 2009: McMoRan Exploration Gives Update On Gulf of Mexico Exploration Activities
Oct 19, 2009: McMoRan Exploration Reports Revenues Of $109.5 Million In Q3 2009

Scope

- Provides key company information for business intelligence needs
- Gives information on the company’s major recent financial deals including mergers & acquisitions, asset transactions, PE/VC deals, equity offerings, debt offerings and partnerships.
- Data is supplemented with details on the company’s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.

Reasons to buy

- A quick “one-stop-shop” to understand the company.
- Support sales activities by understanding your customers’ businesses.
- Qualify prospective partners and suppliers.
- Understand and respond to your competitors’ business structure, strategy and prospects through.
- Understanding the key deals which have shaped the company.

Report Highlights

The following companies are the major competitors of McMoRan Exploration Co.:

Callon Petroleum Company
Delta Petroleum Corporation
PetroQuest Energy, Inc.
The Meridian Resource Corporation
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Table of Contents
Table of Contents 2
List of Tables 3
List of Figures 3
McMoRan Exploration Co., Oil & Gas, Deals By Year, 2004 to YTD 2010 4
McMoRan Exploration Co., Oil & Gas Deals By Type, 2004 to YTD 2010 5
McMoRan Exploration Co., Oil & Gas, Deals By Region, 2004 to YTD 2010 6
McMoRan Exploration Co., Oil & Gas, Deals By Sector, 2004 to YTD 2010 7
McMoRan Exploration Co., Oil & Gas, Deals Summary, 2004 to YTD 2010 8
McMoRan Exploration Co., Oil & Gas, Deal Details 9
Asset Purchase 9
Mcmoran Exploration Acquires Oil And Gas Properties Of Newfield Exploration 9
Equity Offering 11
McMoRan Exploration Completes Public Offering Of Common Stock For $83 Million 11
McMoRan Exploration Completes Public Offering Of Convertible Perpetual Preferred Stock For $86 Million 13
McMoRan Exploration Completes Public Offering Of $209.56 Million 15
McMoRan Exploration Completes Public Offering Of $259 Million 17
Debt Offering 19
McMoRan Exploration Completes Public Offering Of $300 Million 19
Key Competitors 20
Key Employees 20
Locations And Subsidiaries 21
Head Office 21
Recent Developments 22
Recent Discoveries 22
Jan 11, 2010: Energy XXI Announces Discovery At Davy Jones Ultra-Deep Well In Gulf Of Mexico Shelf 22
Aug 02, 2007: MMR Announces Deeper Pays At Flatrock Discovery 22
Jul 12, 2007: MMR Announces Discovery Well At Flatrock With Wireline Log Confirmation 22
Jul 03, 2007: MMR Updates On Exploration Activities At Flatrock And Cottonwood Point 23
Drilling and Production Updates 24
Jan 20, 2010: McMoRan Exploration Updates On Davy Jones Ultra-Deep Well In Gulf Of Mexico Shelf 24
Dec 29, 2009: McMoRan Exploration Updates On Its Gulf Of Mexico Exploration Activities 24
Jul 06, 2009: McMoRan Exploration Announces Positive Drilling Results At Blueberry Hill Exploratory Well In Louisiana 25
Jul 02, 2009: McMoRan Exploration To Produce More From Its Flatrock Field In Gulf Of Mexico 25
Mar 17, 2009: McMoRan Exploration Updates On Drilling At Ammazzo Prospect In US 26
Oct 23, 2008: MMR Completes Production Test At Flatrock No. 4 And Plans To Pursue Completion At South Timbalier Block 168 26
Jun 12, 2008: McMoRan Updates On Flatrock Wells And Gulf Of Mexico Exploration Activities 27
May 23, 2008: McMoRan Announces Additional Pay At Flatrock No. 3 and Updates Status of South Timbalier Block 168 Well 27
May 07, 2008: McMoRan Updates On Its Drilling Activities At South Timbalier Block 168 28
Apr 03, 2008: MMR Updates Gulf Of Mexico Exploration And Development Activities 28
Feb 21, 2008: McMoRan Updates On Its Activities In Gulf Of Mexico 29
Jan 14, 2008: MMR Announce Second Successful Well At Flatrock Field 29
Oct 22, 2007: MMR Reports Production Test Results Of Flatrock Discovery Well 30
Financial Announcements 30
Jan 19, 2010: McMoRan Exploration Reports Revenues Of $435.5 Million In 2009 30
Oct 19, 2009: McMoRan Exploration Reports Revenues Of $109.5 Million In Q3 2009 32
Jul 16, 2009: McMoRan Exploration Reports $100.6 Million Net Loss In Q2 2009 33
Apr 20, 2009: McMoRan Exploration Posts Net Loss Of $63.2 Million In Q1 2009 34
Jan 21, 2009: MMR Reports Q4 2008 Results 35
Jan 15, 2009: MMR Declares Quarterly Cash Dividend On Its Preferred Stock 37
Oct 20, 2008: MMR Reports 3Q 2008 Results 37
Oct 15, 2008: MMR Declares Quarterly Cash Dividend On Its Preferred Stock 38
Jul 17, 2008: MMR Reports 2Q 2008 Results 39
Jul 15, 2008: MMR Declares Cash Dividend 40
Apr 17, 2008: MMR Reports Q1 2008 Results 40
Apr 15, 2008: MMR Declares Cash Dividend 41
Feb 04, 2008: MMR Announce Third Successful Well At Flatrock 41
Jan 18, 2008: MMR Reports Q4 2007 Results 41
Jan 15, 2008: MMR Declares Cash Dividend 42
Oct 19, 2007: MMR Reports Q3 2007 Results 42
Jul 19, 2007: MMR Reports Q2 2007 Results 43
May 29, 2007: MMR Declares Quarterly Cash Dividend On Preferred Stock 43
Apr 17, 2007: MMR Reports Q1 2007 Results 44
Feb 27, 2007: MMR Declares Quarterly Cash Dividend On Preferred Stock 44
Jan 18, 2007: MMR Reports Q4 2006 Results 44
Other Significant Developments 45
Jan 26, 2010: PXP Provides 2009 Operational Results 45
Sep 24, 2009: McMoRan Exploration Updates On Gulf Of Mexico E&P Activities 46
Sep 02, 2009: McMoRan Exploration Updates Gulf Of Mexico Exploration And Production Activities 47
Jul 16, 2009: McMoRan Exploration Provides Operations Update 48
Jul 14, 2009: McMoRan Exploration Signs Drilling Rig Contract With Rowan 50
May 27, 2009: McMoRan Exploration Updates On Its Gulf Of Mexico Activities 50
Mar 24, 2009: McMoRan Exploration Announces Reduced Capital Expenditures For 2009 52
Mar 24, 2009: McMoRan Exploration Updates On Gulf Of Mexico Exploration and Production Activities 52
Nov 19, 2008: McMoRan Updates On Gulf Of Mexico Exploration And Development Activities 53
Jan 30, 2007: MMR Elects New Board Member 54
Jan 04, 2007: MMR Receives Approval To The MPEH Project From MARAD 54
New Contracts Announcements 55
Sep 02, 2008: Rowan Receives Two-Year Contract From McMoRan For Newbuild Jack-Up 55
Appendix 56
Methodology 56
About Global Markets Direct 56
Contact Us 56
Disclaimer 56
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List of Tables
McMoRan Exploration Co., Oil & Gas, Key Facts, 2008 1
Mcmoran Exploration Acquires Oil And Gas Properties Of Newfield Exploration 9
McMoRan Exploration Completes Public Offering Of Common Stock For $83 Million 11
McMoRan Exploration Completes Public Offering Of Convertible Perpetual Preferred Stock For $86 Million 13
McMoRan Exploration Completes Public Offering Of $209.56 Million 15
McMoRan Exploration Completes Public Offering Of $259 Million 17
McMoRan Exploration Completes Public Offering Of $300 Million 19

List of Figures
McMoRan Exploration Co., Oil & Gas, Deals By Year, 2004 to YTD 2010 4
McMoRan Exploration Co., Oil & Gas, Deals by Type, 2004 to YTD 2010 5
McMoRan Exploration Co., Oil & Gas, Deals By Region, 2004 to YTD 2010 6
McMoRan Exploration Co., Oil & Gas, Deals by Sector, 2004 to YTD 2010 7
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