Jun 04 - Murphy Oil Announces Significant Oil And Natural Gas Discovery In Deepwater Malaysia At Kakap

Source Press Release
Company Murphy Oil Corporation 
Tags Upstream Activities
Date June 09, 2004

Murphy Oil Corporation announced that its Kakap #1 exploration well encountered significant oil and natural gas pay in multiple reservoirs. Kakap #1 was drilled in 3,037 feet of water in Block K, offshore deepwater Sabah, Malaysia.  

 Murphy as operator, has an 80% working interest in Block K, which covers over four million acres.  PETRONAS Carigali Sdn. Bhd., a wholly owned exploration and production arm of  PETRONAS, holds the remaining 20%.

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