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Monday, November 23, 2009, 12:21AM ET - U.S. Markets open in 9 hours and 9 minutes. Dow Down 0.14% Nasdaq Down 0.50%
McMoRan Exploration Co. (MMR)On Nov 20: 7.09  Down 0.12 (1.66%)  
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McMoRan Exploration Co.
1615 Poydras Street
New Orleans, LA 70112
United States - Map
Phone: 504-582-4000
Fax: 504-582-4899
Web Site: http://www.mcmoran.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:140

BUSINESS SUMMARY 
McMoRan Exploration Co., through its subsidiary, McMoRan Oil & Gas LLC, engages in the exploration, development, and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area. It also engages in the incorporation of 3-D seismic interpretation, offshore drilling to total depths, and horizontal drilling. As of December 31, 2008, the company owned or controlled interests in 380 oil and gas leases in the Gulf of Mexico and onshore Louisiana, and Texas covering 1.22 million gross acres. It had proved oil and natural gas reserves of approximately 344.8 billion cubic feet equivalent, of which 70 percent represented natural gas reserves. McMoRan Exploration Co. was founded in 1994 and is headquartered in New Orleans, Louisiana.
Key Statistics

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    CORPORATE GOVERNANCE 
    McMoRan Exploration Co.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 64.3% of Russell 3000 companies and 62.4% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Glenn A. Kleinert , 66
    Chief Exec. Officer and Pres
    $ 725.00K $ 1.94M
    Ms. Nancy D. Parmelee , 57
    Chief Financial Officer, Sr. VP, Sec. and Member of Admin. Committee
    $ 404.00K $ 2.00K
    Mr. C. Howard Murrish , 68
    Exec. VP
    $ 700.00K $ 23.00K
    Ms. Kathleen L. Quirk , 45
    Sr. VP and Treasurer
    N/A N/A
    Mr. C. Donald Whitmire Jr.,
    Principal Accounting Officer, VP of Financial Reporting and Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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