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Wednesday, 07/24/2013 11:56:03 AM

Wednesday, July 24, 2013 11:56:03 AM

Post# of 87
FCX completes acquisition of MMR (June, 2013):

http://theadvocate.com/news/6151854-123/mcmoran-exploration-acquisition-approved

"Phoenix-based Freeport-McMoRan Copper & Gold Inc. has completed its acquisitions of McMoRan Exploration Co. in New Orleans and Plains Exploration & Production Co. in Houston.

The McMoRan Exploration transaction was completed Monday and the Plains Exploration deal on Friday.

The $19 billion in deals gives the global copper, gold and molybdenum mining company a portfolio of oil and gas assets and re-unites McMoRan Exploration with Freeport-McMoRan. The two companies have about 165 employees combined in the New Orleans office, Eric E. Kinneberg, director of external communications said in an email..."