MCMORAN EXPLORATION CO. Underwriting AgreementUnderwriting Agreement • November 15th, 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”), $300,000,000 principal amount of its 11.875% Senior Notes due 2014 (the “Securities”). The Securities will be issued pursuant to an Indenture to be dated as of November 14, 2007 (the “Indenture”) among the Company, the guarantors listed in Schedule 2 hereto (the “Guarantors”) and The Bank of New York Trust Company, N.A., as trustee (the “Trustee”), and will be guaranteed on a senior unsecured basis by each of the Guarantors (the “Guarantees”).
