$MMR News
Last published 1mo ago
- 1mo agoMMR14th Annual Laguna Conference - MCMORAN EXPLORATION COEarnings Call TranscriptsAll right, why don't we get started. Kathleen, probably most of you are familiar with her. Kathleen Quirk is the president and CEO of Freeport. Thank you for being here. We've done this now for several years. It's always
- 1mo agoMMR14th Annual Laguna Conference - MCMORAN EXPLORATION COEarnings Call TranscriptsAll right, why don't we get started. Kathleen, probably most of you are familiar with her. Kathleen Quirk is the president and CEO of Freeport. Thank you for being here. We've done this now for several years. It's always
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Oil & Gas Transactions Creating a Premier U.S. Based Natural Resource CompanyBusiness WirePHOENIX & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed the final step of its three-way combination with Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR). The PXP transaction closed on May 31, 2013 and the MMR transaction closed on June 3, 2013.
- 13y agoFCXMMRFreeport-McMoRan Copper & Gold Inc. and McMoRan Exploration Co. Announce MMR Shareholders Approve AcquisitionBusiness WirePHOENIX & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and McMoRan Exploration Co. (NYSE: MMR) announced that the shareholders of MMR approved FCX’s acquisition of MMR at a special meeting held today. A majority of the outstanding shares, excluding shares held by interested parties, approved the transaction. The parties expect that the acquisition will close prompt ...
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Acquisition of Plains Exploration & Production CompanyBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed its acquisition of Plains Exploration & Production Company (NYSE: PXP), adding a high quality portfolio of U.S.-based oil and gas assets to its global mining business.
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Announces Intention to Declare $1.00 per Share Supplemental Dividend on Closing of Plains Exploration & Production Company Acquisition and Reiterates Capital Allocation Plan for Oil & Gas BusinessBusiness WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that its Board of Directors intends to declare a supplemental dividend of $1.00 per share of common stock immediately following the closing of the pending acquisition of Plains Exploration & Production Company (NYSE: PXP). This supplemental dividend would be in addition to FCX’s regular quarterly common stock ...
- 13y agoMMRFCXMcMoRan Exploration Co. Provides Notices to Holders of Convertible SecuritiesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today that, in connection with the pending merger with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), MMR has delivered notices regarding the effect of the merger as applicable to holders of the following series of its outstanding convertible securities in accordance with the applicable certificates of designation and in ...
- 13y agoFCXMMRFreeport-McMoRan Copper & Gold Inc. and McMoRan Exploration Co. Announce Special Meeting DateBusiness WirePHOENIX & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and McMoRan Exploration Co. (NYSE: MMR) today announced that MMR will hold a special meeting of its stockholders on June 3, 2013, to vote on the proposed acquisition of MMR by FCX. Stockholders who held shares of MMR common stock at the close of business on April 4, 2013, the record date of the special meeting, ...
- 13y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on May 15, 2013 to holders of record as of May 1, 2013 on its preferred stocks:
- 13y agoMMREXXIMcMoRan Exploration Co. Reports First Oil & Gas Reserves in Sub-Salt, Ultra-Deep TrendBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) reported today that independent reserve engineers engaged for the sole account of McMoRan estimated proved, probable and possible oil and gas reserves of 546.7 Bcfe gross (141.7 Bcfe net to McMoRan, including 12.9 Bcfe of net proved reserves) associated with interim results from the sands encountered above 24,000 feet in the Lineham ...
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Agreements for Acquisition Term Loan & New Revolving Credit FacilityBusiness WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX’s proposed acquisitions of Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR).
- 13y agoMMREXXIMcMoRan Exploration Co. Updates Status of Davy Jones No. 1Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today updated the status of the Davy Jones No. 1 well on South Marsh Island Block 230. As previously reported, McMoRan is developing plans at the Davy Jones No. 1 well to pump a hydraulic fracture treatment including proppant to facilitate hydrocarbon movement into the wellbore. Future plans will incorporate data gained to date at D ...
- 13y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on February 15, 2013 to holders of record as of February 1, 2013 on its preferred stocks:
- 13y agoMMREXXIMcMoRan Exploration Co. Reports Fourth-Quarter/Twelve-Month 2012 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 13y agoMMREXXIMcMoRan Exploration Co. Updates Gulf of Mexico Exploration and Development ActivitiesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) 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 ongoing operations at Davy Jones No. 1, completion plans at Blackbeard West No. 2 and operations at Lineham Creek and Lomond North.
- 13y agoMMRRyan & Maniskas, LLP Announces Investigation of McMoRan Exploration Co.Business WireWAYNE, Pa.--(BUSINESS WIRE)--Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mmr) is investigating potential claims against the board of directors of McMoRan Exploration Co. (“MMR” or the “Company”) (NYSE: MMR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Freeport-McMoRan Copper & Gold Inc. ("FCX") in a transaction valued at ...
- 13y agoMMRFCXRigrodsky & Long, P.A. Announces Investigation Of McMoRan Exploration Co. BuyoutBusiness WireWILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of McMoRan Exploration Co. (“MMR” or the “Company”) (NYSE: MMR) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Freeport-McMoRan Copper & Gold Inc. (“FCX”) (N ...
- 13y agoMMRLaw Firm Brower Piven Announces Investigation of McMoRan Exploration CompanyBusiness WireSTEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of McMoRan Exploration Company (“McMoRan” or the “Company”) (NYSE: MMR) and other violations of state law by the board of directors of McMoRan relating to the proposed acquisition of the Company ...
- 13y agoFCXMMRPXPNewman Ferrara LLP Announces Investigation of Freeport-McMoRan Copper & Gold Inc., McMoRan Exploration Co., and Plains Exploration & Production Co.Business WireNEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP is investigating potential claims against the Boards of Directors of Freeport-McMoRan Copper & Gold Inc. (“Freeport”) (NYSE: FCX), McMoRan Exploration Co. (“McMoRan”) (NYSE: MMR), and Plains Exploration & Production Co. (“Plains”) (NYSE: PXP) concerning Freeport’s proposed acquisitions of McMoRan and Plains.
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production Company and McMoRan Exploration Co. in Transactions Totaling $20 Billion, Creating a Premier U.S. Based Natural Resource CompanyBusiness WirePHOENIX & HOUSTON & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR) announced today that they have signed definitive merger agreements under which FCX will acquire PXP for approximately $6.9 billion in cash and stock and FCX will acquire MMR for approximately $3.4 billion in c ...
- 13y agoMMREXXIMcMoRan Exploration Co. Updates Operations at Davy Jones No. 1Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) provided an update on the Davy Jones No. 1 operations currently in progress on South Marsh Island Block 230. As previously reported, the well was opened for testing in November 2012. Completion fluids were recovered from the well but flow was believed to be restricted by residual barite in the perforations (i.e. skin or formation da ...
- 13y agoMMREXXIMcMoRan Exploration Co. Updates Gulf of Mexico Exploration and Development ActivitiesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) 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 in progress flow testing operations at Davy Jones No. 1, positive drilling results onshore at Lineham Creek, new logging results from Blackbeard West No. 2 and in progres ...
- 14y agoMMREXXIMcMoRan Exploration Co. Reports Third-Quarter/Nine-Month 2012 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 14y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on November 15, 2012 to holders of record as of November 1, 2012 on its preferred stocks:
- 14y agoMMRMcMoRan Exploration Co. Completes Exchange Offer for 5 1/4% Convertible Senior NotesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today results from the exchange offer for up to $68.2 million aggregate principal amount of 5 1/4% Convertible Senior Notes due 2012 (“existing notes”). A total of $67.8 million of the existing notes were accepted for exchange for an equal principal amount of newly issued 5 1/4% Convertible Senior Notes due 2013 (“new note ...
- 14y agoMMREXXIMcMoRan Exploration Co. Updates Gulf of Mexico Operations Following Hurricane IsaacBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today reported on the status of its operations following Hurricane Isaac, which impacted Gulf of Mexico operations prior to making landfall on the coast of Louisiana on August 28, 2012. Prior to the storm, McMoRan was engaged in recompletion activities at Davy Jones No. 1 on South Marsh Island Block 230 and in exploratory activities ...
- 14y agoMMRMcMoRan Exploration Co. Commences Offer to Exchange 5 1/4% Convertible Senior Notes due 2012Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today an offer to exchange up to $68.2 million aggregate principal amount of 5 1/4% Convertible Senior Notes due 2012 (“Existing Notes”) for an equal principal amount of newly issued 5 1/4% Convertible Senior Notes due 2013 (“New Notes”), plus cash in an amount equal to the accrued and unpaid interest on the Existing Notes ...
- 14y agoMMREXXIMcMoRan Exploration Co. Updates Activities at Davy Jones No. 1Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today provided an update on the Davy Jones No. 1 workover currently in progress on South Marsh Island Block 230. As previously reported McMoRan successfully perforated 165 feet of Wilcox sands and on July 13 commenced operations to run production tubing. Prior to removing the blow out preventer and installing the production tree, Mc ...
- 14y agoMMREXXIMcMoRan Exploration Co. Reports Second-Quarter/Six-Month 2012 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 14y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on August 15, 2012 to holders of record as of August 1, 2012 on its preferred stocks:
- 14y agoMMRMcMoRan Exploration Co. Announces Apparent High Bids on 14 Blocks on the Shelf of the Gulf of MexicoBusiness WireNEW 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.
- 14y agoMMREXXIMcMoRan Exploration Co. Reports First-Quarter 2012 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 14y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on May 15, 2012 to holders of record as of May 1, 2012 on its preferred stocks:
- 14y agoMMREXXIMcMoRan Exploration Co. Provides Update on Operations at Davy Jones No. 1Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today provided an update on flow testing activities at the Davy Jones No. 1 well on South Marsh Island Block 230. Technical completion has been achieved successfully and work is ongoing to establish commercial production from the well.
- 14y agoMMREXXIMcMoRan Exploration Co. Announces Flare at Davy Jones No. 1 – Flow Rates Not Yet DeterminableBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today continuing progress to flow test the Davy Jones No. 1 well on South Marsh Island Block 230. As previously reported, McMoRan saw positive pressure response from the Wilcox “D” sand which was perforated on March 24, 2012. On March 26, 2012, McMoRan attempted to perforate the Wilcox “C” sand. As the perforating gun was ...
- 14y agoMMREXXIMcMoRan Exploration Co. Provides Update on Davy Jones No. 1 Completion and Updates Exploration and Development ActivitiesBusiness WireNEW 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 ongoing completion operations at Davy Jones No. 1, new logging results from Lafitte and in progress operations at Blackbeard West No. 2 and Lineham Creek.
- 14y agoMMREXXIMcMoRan Exploration Co. Updates Exploration and Development ActivitiesBusiness WireNEW 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, which are in an advanced stage, new logging results from Blackbeard East and in progress operations at Lafitte, Blackbear ...
- 14y agoMMREXXIMcMoRan Exploration Co. Reports Fourth-Quarter/Twelve-Month 2011 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 14y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on February 15, 2012 to holders of record as of February 1, 2012 on its preferred stocks:
- 14y agoMMREXXIMcMoRan Exploration Co. Updates Exploration and Development ActivitiesBusiness WireNEW 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 C ...
- 15y agoMMREXXIMcMoRan Exploration Co. Announces Additional Hydrocarbons in the Lafitte Ultra-Deep Exploration WellBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today that its Lafitte ultra-deep prospect, which is located on Eugene Island Block 223 in approximately 140 feet of water, has encountered additional hydrocarbons. The well has been drilled to a true vertical depth of 29,756 feet and has been logged with wireline logs to 29,740 feet. The wireline log results indicated 56 ...
- 15y agoMMREXXIMcMoRan Exploration Co. Reports Third-Quarter/Nine-Month 2011 ResultsBusiness WireNEW ORLEANS, La.--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 15y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on November 15, 2011 to holders of record as of November 1, 2011 on its preferred stocks:
- 15y agoMMRMcMoRan Exploration Co. Completes Exchange Offer for 5 1/4% Convertible Senior NotesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today results from the exchange offer for its $74.7 million 5 1/4% Convertible Senior Notes due 2011 (“existing notes”). A total of $68.2 million of the existing notes were accepted for exchange for an equal principal amount of newly issued 5 1/4% Convertible Senior Notes due 2012 (“new notes”).
- 15y agoMMRMcMoRan Exploration Co. Commences Exchange Offer for 5 1/4% Convertible Senior Notes due 2011Business WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) announced today an offer to exchange up to $74.7 million aggregate principal amount of 5 1/4% Convertible Senior Notes due 2011 (“Existing Notes”) for an equal principal amount of newly issued 5 1/4% Convertible Senior Notes due 2012 (“New Notes”), plus cash in an amount equal to the accrued and unpaid interest on the Existing Notes ...
- 15y agoMMRMcMoRan Exploration Co. Announces Interim Update on the Lafitte Ultra-Deep Exploration WellBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today announced results from interim logging operations at the Lafitte ultra-deep exploration well located on Eugene Island Block 223 in 140 feet of water. The Lafitte well commenced drilling on October 3, 2010 and has been drilled to 27,038 feet. Wireline logs indicate several Lower Miocene sands below 24,300 feet that appear to be ...
- 15y agoMMREXXIMcMoRan Exploration Co. Reports Second-Quarter/Six-Month 2011 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):
- 15y agoMMRMcMoRan Exploration Co. Declares Quarterly Cash Dividends on Preferred StocksBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today declared the following cash dividends payable on August 15, 2011 to holders of record as of August 1, 2011 on its preferred stocks:
- 15y agoMMREXXIMcMoRan Exploration Co. Updates Gulf of Mexico Exploration & Development ActivitiesBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR) today updated its exploration and development activities and also provided an update on its cumulative findings to date from its shallow water, ultra-deep exploration and development activities on the Gulf of Mexico (GOM) Shelf.
- 15y agoMMREXXIMcMoRan Exploration Co. Reports First-Quarter 2011 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):