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McMoRan Completes Test in Gulf

Maritime Activity Reports, Inc.

October 31, 2007

McMoRan Exploration Co. has completed a successful production test at its Flatrock discovery located in the South Marsh Island section of the Gulf of Mexico. According to the company, the production test found a gross flow rate of about 71 million cubic feet of natural gas per day. Production is expected to begin at the well by the end of the year.