Peter Ricchiuti is quoted again in today’s Times-Picayune on McMoRan Exploration Co.’s groundbreaking Blackbeard drilling project. The mega-deep well, located just off the mouth of the Mississippi River, could end up producing the equivalent of 4 billion barrels of oil. Ricchiuti says the closely watched project has the potential to be a game changer for the industry.
Ricchiuti is research director of Burkenroad Reports, the Freeman School’s acclaimed equities analysis program.