"We have been conducting a very active deepwater exploration program in Malaysia for some time," says Claiborne P Deming, Murphy Oil President and CEO. "The Aya well is our first dry hole in Block K following our initial success at Kikeh #1, and this well underscores the risks in exploring a new basin. Our successes at Kikeh and Kikeh Kecil, however, all point to the significance of this basin and we will continue pushing forward our program. The rig is now moving to drill the Siakap prospect in Block K, east of Kikeh Kecil," he added.
Murphy as operator, has an 80% working interest in Block K. PETRONAS Carigali Sdn. Bhd., a wholly owned exploration and production arm of PETRONAS, holds the remaining 20% interest.
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