Murphy Oil Announces Samurai Discovery in the Gulf of Mexico

Murphy Oil Announces Samurai Discovery in the Gulf of Mexico

Murphy Oil Corporation announced an oil discovery at the Samurai prospect located in Green Canyon Block 432 in the Gulf of Mexico. The well was drilled in approximately 3,400 feet of water to a total depth of near 31,700 feet. The well encountered in excess of 120 feet of net pay in high quality Miocene Sands. Murphy holds a 33.33% working interest in the discovery. Other equal partners include the operator, Anadarko Petroleum Co., and Samson Offshore Co.

David M. Wood, President and Chief Executive Officer commented, “The favorable results from the initial well at Samurai add another element of growth potential to our portfolio. We look forward to further appraising the discovery with a sidetrack well and examining the tie-back development options to nearby infrastructure.”

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