McMoRan Exploration Co. (NYSE:MMR)

IBD EPS, RS, SPROE, Acc ratings plus P/E and div yield
ENERGY 1 91 EB, NO EARNINGS

DC pick

Hoping that the deep and extensive oil and gas exploration geology knowledge and experience of CEO Jim Bob Moffett will ultimately pay-off with successful and abundant flow from the challenging and unprecedented Davy Jones ultra-deep shelf well in the shallows of the Gulf of Mexico.

T. Boone Said Oil going up. He is right 2/3rds of the time. Thats pretty good odds.

Leading edge Ultra Deep Drilling technology led by a briliant geologist. The company is on the verge of proving a concept to capture enormous natural gas reserves in the Gulf of Mexicol. They already have the attention of the major energy companies like Chevron.

This is a $16 stock.

Great speculation.Leader in shallow water ultra deep drilling in GOM.It is a speculation.You will either have a great return or nothing.

Because there is oil waiting to be brought up from Davie Jones well

MMR's efforts in the shallow water ultra deep GoM has not gone unnoticed ... particularly by Chevron. They are close to testing/producing the first of many wells that are pushing very significant technological boundaries. They are one of the very few making any significant effort towards reducing our dependence on foreign oil.

MMR is the leader in the New Ultra Deep Shallow Water drilling in the GOM. Jim Bob Moffitt is regarded as a Legend in finding natural resources where no one else could and will do so again. In Huge amounts

value

I think we should know by this summer, whether or not MMR has discoveed a new and very profitable gas field in he Gulf of Mexico.

Biggest oil discoveries in the Gulf region where big players like Exxon have failed to find any thing major.

Solid management, a great geology team, and ultra deep drilling from SHALLOW water make this one a sure winner.

McMoRan Exploration Co. (MMR)
Engaged in exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast region.

Currently, MMR is down 45% from its 52W high, but still up 120% from its March 2009 low.
My kind of value play.

Final kill of the well will send most drillers up. McMo is a good company with a decent record. Now would be a good time to buy in and ride up long term.

McMoRan is a proven company, we need to find more oil. What else is there to say?

Oil & gas bonanza found in Gulf on Jan 2010!

new oil discovery!!!