Murphy Oil Adds Acreage in Central Dohuk Block

Murphy Oil announced that its wholly-owned subsidiary, Murphy Central Dohuk Oil, has finalized an agreement with the Kurdistan Regional Government-Iraq (KRG) to acquire an interest in the Central Dohuk block. Murphy will operate and hold a 50% interest in the block. The Central Dohuk block covers approximately 619 square kilometers and is located in the Dohuk area of the Kurdistan region.

David M. Wood, Murphy's President and Chief Executive Officer, commented, "We are delighted with our entry into Kurdistan and to add another high quality oil exploration opportunity to our portfolio. The Central Dohuk block sits within a world-class petroleum province and on trend with recent exploration drilling which has shown much recent promise. We plan to shoot seismic in 2011 with an exploration well to follow in 2012."


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Oilfield Sales Representative - Outside Sales (Oil and Gas)
Expertise: Business Development|Project Management|Sales
Location: Odessa, TX
EU Business Development Manager - Refining/Maintenance Services
Expertise: Business Development
Location: Houston, TX
Manager, Probabilistic Risk Analysis Job
Expertise: Business Development|Research & Development|Technical Manager
Location: Minneapolis, MN
search for more jobs

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours