|
|
Article: MCMORAN EXPLORATION CO. ANNOUNCES DISCOVERY AT SOUTH MARSH ISLAND BLOCK 223 EXPLORATORY WELL - JB MOUNTAIN PROSPECT.
- Article from:
- Business Wire
- Article date:
- November 18, 2002
CopyrightCOPYRIGHT 2002 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)
|
Business Editors
NEW ORLEANS--(BUSINESS WIRE)--Nov. 18, 2002
McMoRan Exploration Co. (NYSE:MMR) announced today that the South Marsh Island Block 223 (JB Mountain prospect) exploratory well has been drilled to a measured depth of approximately 20,000 feet and has been plugged back to a total depth of approximately 19,500 feet, after experiencing mechanical difficulties. The well has been evaluated with wireline logs, which have indicated intervals of hydrocarbon pay.
The JB Mountain prospect is located in a water depth of 10-feet in an area where McMoRan is a participant in an exploration program which controls approximately 6,500 acres, as part ...