McMoran reports post-hurricane status

McMoran Exploration Co. reports its post-hurricane operational status.

Offshore staff

(US, GoM) - McMoran Exploration Co. reports its post-hurricane operational status. After Hurricane Katrina, production had been restored on all production facilities with the exception of production at Main Pass block 299 and Main Pass block 86 (Shiner). Subsequently, Hurricane Rita resulted in shut-in of all producing facilities.

All facilities have been inspected and all are expected to return to production, pending availability of third-party downstream facilities, with the exception of Main Pass block 299 and Shiner where repairs to damages resulting from Hurricane Katrina continues.

Production at Shiner is expected to restart pending repairs to a third-party terminal facility damaged by Hurricane Katrina, which is expected to be completed in the fourth quarter. Repairs to the Main Pass Block 299 oil facilities are underway and production is expected to be restored in the fourth quarter.

10/10/05

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