He decided to transfer his exploration budget from the Ultra Deep play to onshore shale deposits instead.
It also appears that as this Ultra Deep play heats up, more deep pocketed players are showing up to participate.
In addition to all these developments, we know that large players have announced their interest in the Gulf of Mexico Ultra Deep play.
Energy XXI has been appearing regularly at energy conferences and has become the conduit of information from McMoran for impatient investors in the Ultra Deep play.
McMoRan and Energy XXI are working furiously to unlock the huge gas discoveries they have made in the Gulf of Mexico Shallow Water Ultra Deep play.
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Moffett has told us in no uncertain terms that he intends to bring in a partner with very deep pockets to help develop the Ultra Deep play.
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Both will be welcome at MMR which has bootstrapped itself for many years to develop this Ultra Deep play by selling a lot of stock and diluting early shareholders.
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But, along the way, even including disappointing wells that held no meaningful hydrocarbons, there has been a complete redefinition of the geology of the Shallow Water Ultra Deep play.
Among the important things that were discussed is the degree to which McMoRan is leading the charge in the development of the Ultra Deep play in the Gulf of Mexico.
This is a company drilling ultra-expensive wildcat wells in the Ultra Deep play in the Gulf of Mexico looking for major discoveries like Davy Jones and the earlier Flatrock series of discoveries.
It is possible that when production begins (soon, we hope) in the Ultra Deep play that the MMR joint venture is pursuing, the reservoirs found will, like Sunny, stilll be producing 30, 40 or 50 years from now.
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For their part, Sunderland were happy to sit deep and play on the break and it made for a scrappy, scruffy first 45 minutes that was almost totally devoid of goalmouth action.
The Algerians made their tactical intentions clear from the off, as they were happy to sit deep and play long, in-swinging balls and try to gain free-kicks in good areas, to counter the organised Egyptians.
The growth of the pair of young infielders could help the Reds play deep into October this year.
With a perfectly surmountable game against France, England or Ukraine in the quarterfinals, they may play deep into the tournament.
Coyle felt the sending-off altered the game's flow but suggested Blackburn's early decision to play deep with a three-man central defence indicates just how far his side have come.
The picture has a generous spirit and a deep appreciation of play, and it moves with a distinctive funky grace: it takes things as they come and trusts itself to handle them.
They are also trying to understand the role that deep seas trenches play in earthquakes - these cracks in the sea floor are formed at the boundary of two tectonic plates and some believe the push and pull taking place deep underwater could be the cause of major earthquakes, such as the 2011 quake that resulted in such devastation in Japan.
He said: The onus will be on us and they will play very deep, with us having a lot of the ball.
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An adaptation of Terence Rattigan's 1952 play The Deep Blue Sea, starring Rachel Weisz, has been chosen to close the London Film Festival.
At this point, he and his partners, Energy XXI and the legendary Texas oil man Tex Moncrief, have pursued the Shallow Water Ultra Deep (SWUD) play in the Gulf of Mexico with a persistence that is something to behold.
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If the coach calls a play for the Quarterback to throw a deep pass to the wide receiver, the second that play is complete he knows if this was a successful call.
Here, counterproliferation capabilities such as improved passive defenses, as well as counterforce means such as deep underground attack weapons, play a central role in deterrence.
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The uncanny valley effect could have to do with uncertainty about whether a robotic character is truly alive or dead, and even play into our deep-seated fears of death.
However, the Pumas' limited match plan of swamping the opposition with deep kicks and relentless forward play finally came unstuck against a South Africa side who go into next weekend's final as favorites to stop England's bid to become the first nation to retain the title.
But what role does technology play in the murky deep of playing fair?
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Davies adapted "The Deep Blue Sea" from the 1952 play of the same name by Terence Rattigan as part of the centenary celebration of the late British playwright.
We want to discover the next great music developers by giving them a chance to dive deep into this data and technology, play around with it, and see what they can create.
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Like Majumdar and Secretary Chu, Hockfield is a scientist-by-training and has a deep appreciation for the positive role government can play in fostering innovation.
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Sooner or later, with or without highly restrictive drilling rules for offshore deep water wells, the potential of this play can not be ignored by the major oil companies.
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