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Article: McMoRan Exploration Co. Updates Exploration and Development Activities.
- Article from:
- Business Wire
- Article date:
- May 8, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW ORLEANS -- McMoRan Exploration Co. (NYSE: MMR) today updated its exploration activities including a discovery at Liberty Canal and a successful drill-stem test at Pecos. McMoRan also updated three additional exploration prospects in progress, announced successful production tests on the Hurricane No. 2 and Dawson Deep wells and announced commencement of production at Cane Ridge and King Kong No. 3.
The Liberty Canal exploratory well located onshore in Vermilion Parish, Louisiana, has been drilled to 15,742 feet and evaluated with log-while-drilling tools and confirmed with wireline logs, which indicated two intervals totaling 199 gross feet with 125 net feet ...