MCMORAN EXPLORATION CO. 2,250,000 Shares Underwriting Agreement November 1, 2007Underwriting Agreement • November 7th, 2007 • McMoran Exploration Co /De/ • Crude petroleum & natural gas • New York
McMoRan Exploration Co., a Delaware corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 2,250,000 shares of 6.75% Mandatory Convertible Preferred Stock, par value $0.01 per share, of the Company (the “Underwritten Shares”) and, at the option of the Underwriters, up to an additional 337,500 shares of 6.75% Mandatory Convertible Preferred Stock of the Company (the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “Shares”.
MCMORAN EXPLORATION CO. 16,250,000 Shares Underwriting Agreement November 1, 2007Underwriting Agreement • November 7th, 2007 • McMoran Exploration Co /De/ • Crude petroleum & natural gas • New York
McMoRan Exploration Co., a Delaware corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 16,250,000 shares of Common Stock, par value $0.01 per share, of the Company (the “Underwritten Shares”) and, at the option of the Underwriters, up to an additional 2,437,500 shares of Common Stock, par value $0.01 per share, of the Company (the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “Shares”. The shares of Common Stock, par value $0.01 per share of the Company (the “Common Stock”) to be outstanding after giving effect to the sale of the Shares are herein referred to as the “Stock”.
