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07/13/2012 | Press release
distributed by noodls on 07/13/2012 12:53
1615 Poydras Street New Orleans, LA 70112
NEW ORLEANS, LA, July 13, 2012 - 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:
$14.375 per share of MMR's 5¾% Convertible
Perpetual Preferred Stock.
$20.00 per share of MMR's 8% Convertible
Perpetual Preferred Stock.
McMoRan Exploration Co. is an independent public company
engaged in the exploration, development and production of
natural gas and oil in the shallow waters of the Gulf of
Mexico Shelf and onshore in the Gulf Coast area. Additional
information about McMoRan is available on its internet
website "www.mcmoran.com".
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