Murphy Drills Duster in Malaysia

Murphy's first deepwater well, Bagang #1, drilled in Block K offshore Sabah Malaysia encountered non-commercial quantities of natural gas and the well will be plugged and abandoned. Murphy operates Block K with partner Petronas Carigali. Murphy President and Chief Executive Officer, Claiborne P. Deming, commented, "While we are disappointed with the results of this first well, our 4.1 million acre Block K is still largely untested. With that in mind, we will move 150 kilometers to the southwest to our second planned location to drill the Bliais #1 prospect, an unrelated geologic structure near deepwater Brunei."