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McMoRan Exploration Co. Announces Apparent High Bids on 14 Blocks on the Shelf of the Gulf of Mexico

NEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today the results of its participation in the Central Gulf of Mexico Lease Sale 216/222 held by the Bureau of Ocean Energy Management (BOEM) on June 20, 2012 in New Orleans, Louisiana.