Item 7.01 Regulation FD Disclosure
McMoRan Exploration Co. issued a press release, dated May 27, 2009, updating its Gulf of Mexico exploration and production activities and announcing a conference call, broadcast on the internet on May 28, 2009 at 1:30 p.m. Eastern Time, to update its current exploration and development activities. The press release and slides to accompany the conference call are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated in this Item 7.01 by reference. The internet conference call and associated slides may each be accessed on McMoRan's internet website, www.mcmoran.com.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

The Exhibits included as part of this Current Report are listed in the attached Exhibit Index.

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