Freeport-McMoRan Oil & Gas

Freeport-McMoRan Oil & Gas (FM O&G) is a wholly-owned subsidiary of Freeport-McMoRan Copper & Gold (FCX), a premier U.S. based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FM O&G consists of oil & natural gas assets in North America, including reserves in the Deepwater Gulf of Mexico (GOM), Onshore and Offshore California and Haynesville Shale plays, and an industry leading position in the emerging shallow water Ultra-Deep gas trend in the shelf of the GOM and Onshore in South Louisiana. Assets in FM O&G’s principal focus areas include mature properties with long-lived reserves and significant development opportunities as well as newer properties with development and exploration potential. Additional information about FM O&G can be found on FCX’s website at www.fcx.com.