Business Services Industry
McMoRan EXPLORATION CO. DECLARES QUARTERLY CASH DIVIDEND ON CONVERTIBLE PREFERRED STOCK
Business Wire, Dec 2, 2002
Business Editors
NEW ORLEANS--(BUSINESS WIRE)--Dec. 2, 2002
McMoRan Exploration Co. (NYSE: MMR) today declared, for the period from October 1, 2002 through December 31, 2002, a cash dividend of $0.3125 per share payable on December 31, 2002 to holders of record as of December 13, 2002 for its 5% convertible preferred stock (OTCBB: MMREP.OB).
McMoRan Exploration Co. is an independent public company engaged in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area. Additional information about McMoRan is available on our web site mcmoran.com.
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