Murphy reports oil, gas finds off Malaysia

June 12, 2009
Murphy Oil Corp., El Dorado, Ark., found oil at one exploratory well and gas at another off Malaysia.

By OGJ editors
HOUSTON, June 12 -- Murphy Oil Corp., El Dorado, Ark., found oil at one exploratory well and gas at another off Malaysia.

A well on the Siakap North prospect in 4,300 ft of water on Block K off Sabah 6 miles from Kikeh field found oil-bearing pay sands of similar age and quality to those at Kikeh. Murphy is evaluating development options including tieback to Kikeh.

A well in 89 ft of water on the East Patricia prospect in Block SK 309 off Sarawak cut 230 ft of net natural gas pay. It is 23 miles off the Bintulu onshore gas receiving facility under construction for the Sarawak gas development.

Murphy operates both discoveries. Petronas Carigali Sdn. Bhd. Holds 20% in Siakap North and 40% of East Patricia. Murphy holds the rest.