McMoRan (MMR) Slumps for Second Day; JPMorgan Thinks Shares are Still Overvalued
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McMoRan (MMR) Slammed Again Following Davy Jones Update
December 3, 2012 8:41 AM ESTMcMoRan Exploration Co. (NYSE: MMR) shares are slammed once again in early trading Monday following an update to Davy Jones No. 1.
In summary, the company said it had "limited success" in removing barite from the well. For more color, click here.
Shares are down 11.5 percent in early trading.... More
McMoRan (MMR) Ticks Higher Following Gulf Ops Update
November 26, 2012 3:08 PM ESTMcMoRan Exploration Co. (NYSE: MMR) shares are ticking higher following Gulf of Mexico operations update. The stock is down 13 percent, but well off of lows.... More
McMoRan (MMR) Updates on Gulf Ops, Including Davy Jones 1 and Lineham Creek
November 26, 2012 3:07 PM ESTMcMoRan Exploration Co. (NYSE: MMR) updated its ultra-deep exploration and development activities in the shallow waters of the Gulf of Mexico (GOM) Shelf and onshore in the Gulf Coast area, including in progress flow testing operations at Davy Jones No. 1, positive drilling results onshore at Lineham Creek, new logging results from Blackbeard West No. 2 and in progress operations at Lomond North.
McMoRan today provided an update on the Davy Jones No. 1 production test currently in progress on South Marsh Island Block 230. As previously reported in October 2012, McMoRan replaced heavy drilling mud... More
