res. The company acquired 3D seismic and performed other geological and geophysical studies in this block in 2013. In 2014, the company farmed into Block 13-03. The company has a 20% working interest in this concession, which covers 853,000 gross acres. It is scheduled to spud a well in the block in 2014. Suriname The company has a production sharing contract with Suriname’s state oil company, Staatsolie Maatschappij Suriname N.V. (Staatsolie), whereby it acquired a 100% working interest and operatorship of Block 48 offshore Suriname. The block includes 794 thousand gross acres with water depths ranging from 1,000 to 3,000 meters. In 2014, the company farmed out a portion of its working interest in Block 48, thereby reducing its interest from 100% to 50%. Cameroon The company is 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, includes 573 thousand gross acres, with water depths ranging from 300 to 1,900 meters. The company spud a well on the Ntem prospect in February 2014. The company owns a 50% non-operated interest in the Elombo production sharing contract, immediately adjacent to the Ntem concession. The Elombo block, situated in the Douala Basin offshore Cameroon, between the shoreline and the Ntem block, includes 594 thousand gross acres with water depths ranging approximately 1,100 meters. Equatorial Guinea The company has a production sharing contract for block ‘W’ offshore Equatorial Guinea. It has a 45% working interest and operates the block. The block is located offshore mainland Equatorial Guinea and includes 557 thousand gross acres with water depths ranging from 60 to 2,000 meters. In 2014, the company completed acquisition of new 3D seismic over the entire block. Iraq The company finalized an agreement with the Kurdistan Regional Government (KRG) in Iraq to acquire an interest in the Central Dohuk block. The company operated and held a 50% interest in the block. The Central Dohuk block covered approximately 153 thousand gross acres and is located in the Dohuk area of the Kurdistan region in Iraq. Dispositions In 2013, the company sold all exploration and production assets in the United Kingdom. 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)
200 Peach Street
PO Box 7000
El Dorado, AR 71731
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