0000950123-11-083741 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • September 9th, 2011 • McMoran Exploration Co /De/ • Crude petroleum & natural gas • Delaware

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of September 8, 2011, by and between McMoRan Exploration Co., a Delaware corporation (“MMR”), and Whitney Exploration, LLC, a Louisiana limited liability company (“Whitney”). MMR and Whitney are sometimes referred to collectively as the “Parties” and individually as a “Party.”

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • September 9th, 2011 • McMoran Exploration Co /De/ • Crude petroleum & natural gas • Louisiana

THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) is made and as of this 8th day of September, 2011 by and between Whitney Exploration, LLC, a Louisiana limited liability company (“Seller”), Mr. Stephen J. Williams, a resident of the State of Louisiana and sole member of Seller (“Williams”), on the one hand, and McMoRan Oil & Gas LLC, a Delaware limited liability company (“Buyer”), on the other hand. McMoRan Exploration Co., a Delaware corporation and the corporate parent of Buyer (“MMR”), has joined as a party to this Agreement in connection with its undertaking to issue shares of MMR common stock to Seller as part of the consideration for the transaction described herein, including to make certain representations in connection with such issuance.

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