Murphy Completes Lepu #1 Well

Murphy Oil reports that operations on the Lepu #1 exploration well drilled in deepwater Block L, which was awarded in January of this year to Murphy (60%) and Petronas Carigali Sdn Bhd, have been completed. The rig is now being mobilized to an appraisal location at the Kikeh Field that lies in adjoining Block K (80%).

Results of the Lepu #1 well will be kept confidential and costs held in suspension.