quires 3D seismic reprocessing, which began in December 2015. Brunei In 2015, the Company exercised a preemptive right that increased its working interest in Block CA-1 to 8.051%. The CA-1 and CA-2 blocks cover 1.44 million and 1.49 million gross acres, respectively. Vietnam In 2012, the company signed a PSC with Vietnam National Oil and Gas Group and PetroVietnam Exploration Production Company, whereby it acquired 65% interest and operatorship of Blocks 144 and 145. The blocks cover approximately 6.55 million gross acres and are located in the outer Phu Khanh Basin. The company acquired 2D seismic for these blocks in 2013. In 2013, the company acquired a 60% working interest and operatorship of Block 11-2/11 under a PSC. The block covers 677 thousand gross acres. In 2014, the company farmed into Block 13-03. The company has a 20% working interest in this concession which covers 853 thousand gross acres. In 2015, the company signed a farm-in agreement to acquire 35% of Block 15-1/05 that is pending government approval and assignment. Indonesia The company has interests in two exploration licenses in Indonesia and serves as operator of these concessions. The company has a 100% interest in the block covering 1.22 million gross acres. The company owns a 100% interest in a PSC in the Semai IV block, offshore West Papua. The concession includes 873 thousand gross acres, and the agreement called for work commitments of seismic acquisition and processing, which were undertaken in 2014. Equatorial Guinea In 2012, the company signed a PSC for block W offshore Equatorial Guinea, with a 45% working interest and operatorship. In 2014, the company completed acquisition of new 3D seismic over the entire block. The company withdrew from this block in 2015 and is awaiting government approval to assign its interest to the joint venture partner. Namibia In 2014, the company acquired a 40% working interest and operatorship of Blocks 2613 A/B. The block encompasses 2,734 thousand gross acres with water depths ranging from 400 to 2,500 meters. Cameroon In 2011, the company was granted government approval to acquire a 50% working interest and operatorship of the Ntem concession. The Ntem block, situated in the Douala Basin offshore Cameroon, encompasses 573 thousand gross acres, with water depths ranging from 300 to 1,900 meters. Suriname The company owns a 50% working interest and operatorship of Block 48 offshore Suriname. The block encompasses 794 thousand gross acres with water depths ranging from 1,000 to 3,000 meters. History The company was founded in 1950. It was incorporated in Louisiana in 1950 and reincorporated in Delaware in 1964. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.
murphy oil corp
(MUR:New York Consolidated)
300 Peach Street
PO Box 7000
El Dorado, AR 71731
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