-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VpzJUSCnEsfcDMJLjzaeAjyvS+g+ETn9pSwPcyzF0IMbftBIFXCMX0ycxIFaTiet Y+UXeYj2lCTyWjZHc55xTA== 0001144556-01-500031.txt : 20010911 0001144556-01-500031.hdr.sgml : 20010911 ACCESSION NUMBER: 0001144556-01-500031 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010910 GROUP MEMBERS: ALGENPAR, INC. GROUP MEMBERS: ALPINE CAPITAL, L.P. GROUP MEMBERS: ANNE T. AND ROBERT M. BASS FOUNDATION GROUP MEMBERS: ANNE T. BASS GROUP MEMBERS: J. TAYLOR CRANDALL GROUP MEMBERS: KEYSTONE, INC. GROUP MEMBERS: ROBERT BRUCE MANAGEMENT CO. DEFINED BENEFIT PENSION TRUST GROUP MEMBERS: ROBERT M. BASS GROUP MEMBERS: ROBERT W. BRUCE III GROUP MEMBERS: SUSAN C. BRUCE FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALPINE CAPITAL LP CENTRAL INDEX KEY: 0000911382 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 201 MAIN ST STE 3100 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-390-8500 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MCMORAN EXPLORATION CO /DE/ CENTRAL INDEX KEY: 0000064279 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 721424200 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54951 FILM NUMBER: 1735154 BUSINESS ADDRESS: STREET 1: 1615 POYDRAS ST CITY: NEW ORLEANS STATE: LA ZIP: 70112 BUSINESS PHONE: 5045824000 MAIL ADDRESS: STREET 1: 1615 POYDRAS ST CITY: NEW ORLEANS STATE: LA ZIP: 70112 FORMER COMPANY: FORMER CONFORMED NAME: HORN SILVER MINES CO DATE OF NAME CHANGE: 19720620 FORMER COMPANY: FORMER CONFORMED NAME: MCMORAN EXPLORATION CO DATE OF NAME CHANGE: 19790223 FORMER COMPANY: FORMER CONFORMED NAME: MCMORAN OIL & GAS CO DATE OF NAME CHANGE: 19970707 SC 13D/A 1 mcmoranexplor13da6.htm MCMORAN EXPLORATION CO. SCHEDULE 13D, AMENDMENT NO. 6

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13D**

Under the Securities Exchange Act of 1934
(Amendment No. 6)*

McMoRan Exploration Co.
(Name of Issuer)

Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)

582411104
(Cusip Number)

J. Taylor Crandall
201 Main Street, Suite 3100
Fort Worth, Texas 76102
(817) 390-8500
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

August 8, 2001
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ].

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

**The total number of shares of the Stock reported herein is 3,724,954 shares, which constitutes approximately 23.5% of the 15,868,511 shares deemed outstanding pursuant to Rule 13d-3(d)(1). Unless otherwise stated herein, all other ownership percentages set forth herein assume that there are 15,864,931 shares outstanding.

<PAGE>

1.     Name of Reporting Person:

Alpine Capital, L.P.

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: WC

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: Texas

                       7.     Sole Voting Power:  2,356,023 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  -0-
Owned By
Each
Reporting        9.     Sole Dispositive Power:  2,356,023 (1)
Person
With
                      10.     Shared Dispositive Power:  -0-

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

2,356,023

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  14.8%

14.     Type of Reporting Person: PN

- ------------
(1)     Power is exercised through its two general partners, Robert W. Bruce III and Algenpar, Inc.

<PAGE>

1.     Name of Reporting Person:

Robert W. Bruce III

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: PF

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: USA

                       7.     Sole Voting Power:  242,636 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  2,781,723 (2)
Owned By
Each
Reporting        9.     Sole Dispositive Power:  242,636 (1)
Person
With
                      10.     Shared Dispositive Power:  2,781,723 (2)

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

3,027,939 (1)(2)(3)

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  19.1% (4)

14.     Type of Reporting Person: IN
- -------------
(1)     Solely in his capacity as trustee of The Robert Bruce Management Company, Inc. Defined Benefit Pension Trust, with respect to 50,000 shares of Stock.
(2)     Solely in his capacity as one of two general partners of Alpine Capital, L.P., with respect to 2,356,023 shares of the Stock, and in his capacity as a principal of The Robert Bruce Management Co., Inc., which has shared investment discretion over shares of the Stock owned by The Anne T. and Robert M. Bass Foundation, with respect to 425,700 shares of the Stock.
(3)     Includes 3,580 shares issuable upon exercise of options granted to Mr. Bruce pursuant to a stock option plan.
(4)     Assumes, pursuant to Rule 13d-3(d)(1)(i) under the Act, that there are 15,868,511 shares of the Stock outstanding.

<PAGE>

1.     Name of Reporting Person:

Algenpar, Inc.

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: Not Applicable

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: Texas

                       7.     Sole Voting Power:  -0-
Number of
Shares
Beneficially      8.     Shared Voting Power:  2,356,023 (1)(2)
Owned By
Each
Reporting        9.     Sole Dispositive Power:  -0-
Person
With
                      10.     Shared Dispositive Power:  2,356,023 (1)(2)

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

2,356,023 (2)

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  14.8%

14.     Type of Reporting Person: CO
- ------------
(1)     Power is exercised through its President, J. Taylor Crandall.
(2)     Solely in its capacity as one of two general partners of Alpine Capital, L.P.

<PAGE>

1.     Name of Reporting Person:

J. Taylor Crandall

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: Not Applicable

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: USA

                       7.     Sole Voting Power:  -0-
Number of
Shares
Beneficially      8.     Shared Voting Power:  2,781,723 (1)
Owned By
Each
Reporting        9.     Sole Dispositive Power:  -0-
Person
With
                      10.     Shared Dispositive Power:  2,781,723 (1)

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

2,781,723 (1)

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  17.5%

14.     Type of Reporting Person: IN
- ------------
(1)     Solely in his capacity as President and sole stockholder of Algenpar, Inc., which is one of two general partners of Alpine Capital, L.P., with respect to 2,356,023 shares of the Stock and in his capacity as a director of The Anne T. and Robert M. Bass Foundation, with respect to 425,700 shares of the Stock.

<PAGE>

1.     Name of Reporting Person:

Susan C. Bruce

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: PF

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: USA

                       7.     Sole Voting Power:  132,300
Number of
Shares
Beneficially      8.     Shared Voting Power:  -0-
Owned By
Each
Reporting        9.     Sole Dispositive Power:  132,300
Person
With
                      10.     Shared Dispositive Power:  -0-

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

132,300

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  0.8%

14.     Type of Reporting Person: IN

<PAGE>

1.     Name of Reporting Person:

The Anne T. and Robert M. Bass Foundation

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: WC

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: Texas

                       7.     Sole Voting Power:  425,700 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  -0-
Owned By
Each
Reporting        9.     Sole Dispositive Power:  425,700 (1)
Person
With
                      10.     Shared Dispositive Power:  -0-

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

425,700

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  2.7%

14.     Type of Reporting Person: CO
- ------------
(1)     Power is exercised through its three directors, Anne T. Bass, Robert M. Bass and J. Taylor Crandall and through Robert W. Bruce in his capacity as a principal of The Robert Bruce Management Co., Inc., which has shared investment discretion over shares of the Stock owned by The Anne T. and Robert M. Bass Foundation.

<PAGE>

1.     Name of Reporting Person:

Anne T. Bass

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: Not Applicable

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: USA

                       7.     Sole Voting Power:  -0-
Number of
Shares
Beneficially      8.     Shared Voting Power:  425,700 (1)
Owned By
Each
Reporting        9.     Sole Dispositive Power:  -0-
Person
With
                      10.     Shared Dispositive Power:  425,700 (1)

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

425,700 (1)

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  2.7%

14.     Type of Reporting Person: IN
- ------------
(1)     Solely in her capacity as a director of The Anne T. and Robert M. Bass Foundation.

<PAGE>

1.     Name of Reporting Person:

Keystone, Inc.

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: WC

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: Texas

                       7.     Sole Voting Power:  564,715 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  -0-
Owned By
Each
Reporting        9.     Sole Dispositive Power:  564,715(1)
Person
With
                      10.     Shared Dispositive Power:  -0-

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

564,715

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  3.6%

14.     Type of Reporting Person: CO
- ------------
(1)     Power is exercised through its President and sole Director, Robert M. Bass.

<PAGE>

1.     Name of Reporting Person:

Robert M. Bass

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: Not Applicable

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: USA

                       7.     Sole Voting Power:  564,715 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  425,700 (2)
Owned By
Each
Reporting        9.     Sole Dispositive Power:  564,715 (1)
Person
With
                      10.     Shared Dispositive Power:  425,700 (2)

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

990,415 (1)(2)(3)

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  6.2%

14.     Type of Reporting Person: IN
- ------------
(1)     Solely in his capacity as President and sole Director of Keystone, Inc.
(2)     Solely in his capacity as a director of The Anne T. and Robert M. Bass Foundation.
(3)     Solely in his capacity as President and sole Director of Keystone, Inc. with respect to 564,715 shares of the Stock, and solely in his capacity as a director of The Anne T. and Robert M. Bass Foundation with respect to 425,700 shares of the Stock.

<PAGE>

1.     Name of Reporting Person:

The Robert Bruce Management Company, Inc. Defined Benefit Pension Trust

2.     Check the Appropriate Box if a Member of a Group:

(a) /   /

(b) / X /

3.     SEC Use Only

4.     Source of Funds: OO - Contributions from Bruce Management

5.     Check box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):

/   /

6.     Citizenship or Place of Organization: Pursuant to ERISA

                        7.     Sole Voting Power:  50,000 (1)
Number of
Shares
Beneficially      8.     Shared Voting Power:  -0-
Owned By
Each
Reporting        9.     Sole Dispositive Power:  50,000 (1)
Person
With
                      10.     Shared Dispositive Power:  -0-

11.     Aggregate Amount Beneficially Owned by Each Reporting Person:

50,000

12.     Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

/   /

13.     Percent of Class Represented by Amount in Row (11):  0.3%

14.     Type of Reporting Person: OO - Trust
- ------------
(1)     Power is exercised through its trustee, Robert W. Bruce III.

<PAGE>

Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Act"), the undersigned hereby amend their Schedule 13D Statement dated December 9, 1998, as amended by Amendment No. 1 dated December 31, 1998, as amended by Amendment No. 2 dated January 25, 1999, as amended by Amendment No. 3 dated September 1, 1999, as amended by Amendment No. 4 dated October 1, 1999, as amended by Amendment No. 5 dated May 3, 2000 (the "Schedule 13D"), relating to the Common Stock, par value $0.01 per share (the "Stock"), of McMoRan Exploration Co. (the "Issuer").   Unless otherwise indicated, all defined terms used herein shall have the same meanings as those set forth in the Schedule 13D.

Item 1.     SECURITY AND ISSUER.

No material change.

Item 2.     IDENTITY AND BACKGROUND.

No material change.

Item 3.     SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

Item 3 is hereby amended and restated in its entirety as follows:

The source and amount of the funds used by the Reporting Persons to purchase shares of the Stock are as follows:

REPORTING PERSON	SOURCE OF FUNDS	AMOUNT OF FUNDS
Alpine	Working Capital (1)	$ 7,864,776.08
R. Bruce	Personal Funds	$ 2,150,889.15
Algenpar	Not Applicable	Not Applicable
Crandall	Not Applicable	Not Applicable
S. Bruce	Personal Funds	$ 1,592,049.50
Foundation	Working Capital (1)	$ 7,118,444.54
A. Bass	Not Applicable	Not Applicable
Keystone	Not Applicable	Not Applicable
R. Bass	Not Applicable	Not Applicable
RBMC Trust	Contributions from Bruce Management	$ 420,850.70

(1)     As used herein, the term "Working Capital" includes income from the business operations of the entity plus sums borrowed from banks and brokerage firm margin accounts to operate such business in general.  None of the funds reported herein as "Working Capital" were borrowed or otherwise obtained for the specific purpose of acquiring, handling, trading or voting the shares.

Item 4.     PURPOSE OF TRANSACTION.

No material change.

Item 5.     INTEREST IN SECURITIES OF THE ISSUER.

Item 5 is hereby amended and restated in its entirety as follows:

(a)

ALPINE

The aggregate number of shares of the Stock that Alpine owns beneficially, pursuant to Rule 13d-3(d)(1)(i) of the Act, is 2,356,023, which constitutes approximately 14.8% of the outstanding shares of the Stock.

R. BRUCE

Because of his positions as (i) one of two general partners of Alpine, (ii) principal of Bruce Management (which has shared investment discretion over the shares of the Stock owned by the Foundation), and (iii) trustee of RBMC Trust, and because of his individual ownership of 192,636 shares of the Stock and his individual ownership of options to purchase 3,580 shares of the Stock, Bruce may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of an aggregate of 3,027,939 shares of the Stock, which constitutes approximately 19.1% of the 15,868,511 shares of the Stock deemed outstanding pursuant to Rule 13d-3(d)(1)(i) under the Act.

ALGENPAR

Because of its position as one of two general partners of Alpine, Algenpar may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 2,356,023 shares of the Stock, which constitutes approximately 14.8% of the outstanding shares of the Stock.

CRANDALL

Because of his positions as President and sole stockholder of Algenpar, one of two general partners of Alpine, and as a director of the Foundation, Crandall may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 2,781,723 shares of the Stock, which constitutes approximately 17.5% of the outstanding shares of the Stock.

S. BRUCE

Pursuant to Rule 13d-3 of the Act, S. Bruce may be deemed to be the beneficial owner of 132,300 shares of the Stock, which constitutes approximately 0.8% of the outstanding shares of the Stock.

FOUNDATION

The aggregate number of shares of the Stock that Foundation owns beneficially, pursuant to Rule 13d-3(d)(1)(i) of the Act, is 425,700, which constitutes approximately 2.7% of the outstanding shares of the Stock.

A. BASS

Because of her position as a director of Foundation, A. Bass may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 425,700 shares of the Stock, which constitutes approximately 2.7% of the outstanding shares of the Stock.

KEYSTONE

The aggregate number of shares of the Stock that Keystone owns beneficially, pursuant to Rule 13d-3(d)(1)(i) of the Act, is 564,715, which constitutes approximately 3.6% of the outstanding shares of the Stock.

R. BASS

Because of his positions as sole director of Keystone and as a director of Foundation, R. Bass may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 990,415 shares of the Stock, which constitutes approximately 6.2% of the outstanding shares of the Stock.

RBMC TRUST

The aggregate number of shares of the Stock that RBMC Trust owns beneficially, pursuant to Rule 13d-3(d)(1)(i) of the Act, is 50,000, which constitutes approximately 0.3% of the outstanding shares of the Stock.

To the best of the knowledge of each of the Reporting Persons, other than as set forth above, none of the persons named in Item 2 herein is the beneficial owner of any shares of the Stock.

(b)

ALPINE

Acting through its two general partners, Alpine has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 2,356,023 shares of the Stock.

R. BRUCE

As one of two general partners of Alpine, Bruce has shared power to vote or to direct the vote and to dispose or to direct the disposition of 2,356,023 shares of the Stock.  As principal of Bruce Management (which exercises shared investment discretion over the shares of the Stock owned by the Foundation), R. Bruce has shared power to vote or to direct the vote and to dispose or to direct the disposition of 425,700 shares of the Stock.  In his individual capacity, Bruce has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 192,636 shares of the Stock.  As trustee of RBMC Trust, Bruce has sole power to vote or to direct the vote and to dispose or to direct the disposition of 50,000 shares of the Stock.

ALGENPAR

As one of two general partners of Alpine, Algenpar has shared power to vote or to direct the vote and to dispose or to direct the disposition of 2,356,023 shares of the Stock.

CRANDALL

As the President and sole stockholder of Algenpar, which is one of two general partners of Alpine, Crandall has shared power to vote or to direct the vote and to dispose or to direct the disposition of 2,356,023 shares of the Stock.  As one of three directors of Foundation, Crandall has shared power to vote or to direct the vote and to dispose or to direct the disposition of 425,700 shares of the Stock.

S. BRUCE

S. Bruce has sole power to vote or to direct the vote and to dispose or to direct the disposition of 132,300 shares of the Stock.

FOUNDATION

Acting through its three directors and R. Bruce (as principal of Bruce Management which exercises shared investment discretion over the shares of the Stock owned by the Foundation), Foundation has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 425,700 shares of the Stock.

A. BASS

As one of three directors of Foundation, A. Bass has shared power to vote or to direct the vote and to dispose or to direct the disposition of 425,700 shares of the Stock.

KEYSTONE

Acting through R. Bass, its President and sole director, Keystone has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 564,715 shares of the Stock.

R. BASS

As sole director and President of Keystone, R. Bass has sole power to vote or to direct the vote and to dispose or to direct the disposition of 564,715 shares of the Stock.  As one of three directors of Foundation, R. Bass has shared power to vote or to direct the vote and to dispose or to direct the disposition of 425,700 shares of the Stock.

RBMC TRUST

Acting through its trustee, RBMC Trust has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 50,000 shares of the Stock.

(c)     During the past 60 days, the Reporting Persons have purchased shares of the Stock in open market transactions on the New York Stock Exchange as follows:

REPORTING PERSON	DATE	NO. OF SHARES PURCHASED	PRICE PER SHARE
S. Bruce	07/30/01	10,600	$ 10.02
S. Bruce	08/02/01	10,000	10.00
S. Bruce	08/03/01	5,500	9.90
S. Bruce	08/08/01	14,700	9.14
S. Bruce	08/09/01	6,300	8.74
R. Bruce	08/09/01	2,000	8.85
S. Bruce	08/10/01	6,600	8.44
R. Bruce	08/10/01	1,500	8.39
R. Bruce	08/13/01	20,900	7.55
S. Bruce	08/27/01	4,000	7.18
S. Bruce	08/31/01	2,000	7.38

Except as set forth in this paragraph (c), to the best of the knowledge of each of the Reporting Persons, none of the persons named in response to paragraph (a) has effected any transactions in the shares during the past 60 days.

(d)     Each of the Reporting Persons affirms that no person other than such Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares owned by such Reporting Person.

(e)     Not applicable.

Item 6.     CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

No material change.

Item 7.     MATERIAL TO BE FILED AS EXHIBITS.

Item 7 is hereby amended and restated in its entirety as follows:

Exhibit 99.1 - Agreement pursuant to Rule 13d-1(k)(1)(iii), filed herewith.

Exhibit 4.6 - Standstill Agreement dated effective as of August 5, 1999, between the Reporting Persons and the Issuer, previously filed.

<PAGE>

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DATED: September 10, 2001

ALPINE CAPITAL, L.P.

By: /s/ Robert W. Bruce III
Robert W. Bruce III,
Manager

/s/ Robert W. Bruce III
ROBERT W. BRUCE III

ALGENPAR, INC.

By: /s/ J. Taylor Crandall
J. Taylor Crandall,
President

/s/ J. Taylor Crandall
J. TAYLOR CRANDALL

/s/ Susan C. Bruce
SUSAN C. BRUCE

KEYSTONE, INC.

By: /s/ W.R. Cotham
W.R. Cotham,
Vice President

/s/ W.R. Cotham
W.R. Cotham,

Attorney-in-Fact for:

ROBERT M. BASS (1)
THE ANNE T. AND ROBERT M. BASS
   FOUNDATION (2)
ANNE T. BASS (3)

THE ROBERT BRUCE MANAGEMENT COMPANY, INC.
DEFINED BENEFIT PENSION TRUST

By: /s/ Robert W. Bruce III
Robert W. Bruce III,
Trustee

(1)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of Robert M. Bass previously has been filed with the Securities and Exchange Commission.

(2)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of The Anne T. and Robert M. Bass Foundation previously has been filed with the Securities and Exchange Commission.

(3)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of Anne T. Bass previously has been filed with the Securities and Exchange Commission.

<PAGE>

                                         EXHIBIT INDEX

EXHIBIT             DESCRIPTION

  99.1     Agreement pursuant to Rule 13d-1(k)(1)(iii), filed herewith.

    4.6     Standstill Agreement dated effective as of August 5, 1999, between the Reporting Persons and the Issuer, previously filed.

EX-99.1 3 mcmoranexploex.htm MCMORAN EXPLORATION CO. SCHEDULE 13D, EXHIBIT 99.1- AGREEMENT

Exhibit 99.1

Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agrees that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below.

ALPINE CAPITAL, L.P.

By: /s/ Robert W. Bruce III
Robert W. Bruce III,
Manager

/s/ Robert W. Bruce III
ROBERT W. BRUCE III

ALGENPAR, INC.

By: /s/ J. Taylor Crandall
J. Taylor Crandall,
President

/s/ J. Taylor Crandall
J. TAYLOR CRANDALL

/s/ Susan C. Bruce
SUSAN C. BRUCE

KEYSTONE, INC.

By: /s/ W.R. Cotham
W.R. Cotham,
Vice President

/s/ W.R. Cotham
W.R. Cotham,
Attorney-in-Fact for:

ROBERT M. BASS (1)
THE ANNE T. AND ROBERT M. BASS
   FOUNDATION (2)
ANNE T. BASS (3)

THE ROBERT BRUCE MANAGEMENT COMPANY, INC.
DEFINED BENEFIT PENSION TRUST

By: /s/ Robert W. Bruce III
Robert W. Bruce III,
Trustee

(1)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of Robert M. Bass previously has been filed with the Securities and Exchange Commission.

(2)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of The Anne T. and Robert M. Bass Foundation previously has been filed with the Securities and Exchange Commission.

(3)     A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf of Anne T. Bass previously has been filed with the Securities and Exchange Commission.

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