Murphy Oil Makes Southeast Asia's Largest Oil Discovery in 20 Years [Yahoo! Finance]
Murphy Oil Corporation (MUR)
Last murphy oil corporation earnings: 1/30 06:00 am
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Source: Yahoo! Finance
The U.S.-based producer said its subsidiary successfully drilled the H?i S? Vàng-2X (HSV-2X) appraisal well in Block 15-2/17 in the C?u Long Basin, around 40 miles offshore Vietnam. According to Wood Mackenzie, the discovery ranks as the biggest regional oil find since the early 2000s. The appraisal well encountered 429 feet of oil pay across two reservoirs and tested at 6,000 barrels per day of 37° API crude. Murphy has now revised its estimate of recoverable resources toward the upper end of the previously stated 170–430 million barrels of oil equivalent, with additional upside from shallower reservoirs yet to be fully appraised. “In a predominantly gas-prone region, oil discoveries of this scale are exceptional,” said Angus Rodger, head of Asia-Pacific upstream analysis at Wood Mackenzie. He noted that HSV is the third-largest oil discovery in Southeast Asia since 2000, trailing only Indonesia's Banyu Urip and Malaysia's Gumusut fields. For Vietnam, the discovery comes at a
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News
- Murphy Oil's Vietnam Find And Debt Rework Might Change The Case For Investing In MUR [Yahoo! Finance]Yahoo! Finance
- Murphy Oil Corporation Announces Pricing of $500 Million of 6.500% Senior Notes Due 2034Business Wire
- Murphy Oil Corporation Announces Offering of $500 Million of Senior Notes Due 2034Business Wire
- Murphy Oil: Appraisal Well Is A Solid Base Hit [Seeking Alpha]Seeking Alpha
- Murphy Oil (NYSE:MUR) had its "underweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
MUR
Earnings
- 11/5/25 - Beat
MUR
Sec Filings
- 1/12/26 - Form 424B5
- 1/8/26 - Form FWP
- 1/8/26 - Form 424B5
- MUR's page on the SEC website