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MURPHY OIL ANNOUNCES FIRST DEEPWATER OIL DISCOVERY IN MALAYSIA.
EL DORADO, Arkansas, Aug 1 Asia Pulse - Murphy Oil Corporation announced that its subsidiary, Murphy Sabah Oil Co., Ltd., has drilled a significant oil discovery on the Kikeh prospect located on Block K, off the East Malaysian state of Sabah.
Located in almost 4,400 feet of water, the Kikeh discovery lies in the southern part of Block K and is the first deepwater oil discovery made in Malaysia. Murphy, as operator, has an 80 per cent interest in Block K and adjoining Block H, which combined, cover over six million acres.
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