The #9STK1 well is located on Louisiana State Lease 340 in 10ft of water. Wireline logs will be required to fully evaluate this section. McMoRan will continue to deepen the well.

McMoRan owns a 42.9% working interest and a 29.7% net revenue interest in the Blueberry Hill well. Plains Exploration & Production Company holds a 47.9% working interest.

McMoRan Exploration is an independent public company engaged in the exploration, development and production of oil and natural gas in the shallow waters of the Gulf of Mexico Shelf and onshore in the Gulf Coast area.