"We are pleased with the results of our first exploration well offshore Peninsular Malaysia," said Claiborne P. Deming, Murphy Oil Corporation President and Chief Executive Officer. "The Kenarong discovery opens up a new play area for us. We plan to immediately move the Atwood Southern Cross to drill the nearby Pertang prospect to test a four-way dip closure for the equivalent section," he added.
Murphy as operator, has a 75% working interest in adjoining Blocks PM 311 and PM 312, which together cover more than two and a half million acres. PETRONAS Carigali Sdn. Bhd., a wholly owned exploration and production arm of PETRONAS, holds the remaining 25%.
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