Exhibit 15.1 July 20, 1999 McMoRan Exploration Co. 1615 Poydras St. New Orleans, LA 70112 Gentlemen: We are aware that McMoRan Exploration Co. has incorporated by reference in its Registration Statements (File Nos. 333- 61171, 333-67485, 333-67963 and 001-07791 and McMoRan Oil & Gas Co.'s Registration Statements File Nos. 33-82866, 33- 80369, 33-80371, 333-44561 and 333-52469) its Form 10-Q for the quarter ended June 30, 1999, which includes our report dated July 20, 1999 covering the unaudited interim financial information contained therein. Pursuant to Regulation C of the Securities Act of 1933 (the Act), this report is not considered a part of the registration statements prepared or certified by our firm or a report prepared or certified by our firm within the meaning of Sections 7 and 11 of the Act. Very truly yours, /s/ Arthur Andersen LLP