McMoRan Exploration Co. Updates Exploration and Development Activities

NEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) 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, including completion operations at Davy Jones No. 1, in-progress drilling at Blackbeard East, Lafitte and Blackbeard West #2 and the commencement of drilling at the Lineham Creek sub-salt exploration prospect located onshore in south Louisiana.