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Murphy in $US421 million Malaysian investment

Murphy Oil believes that its oil and gas exploration activities in Malaysia, in conjunction with ...

Murphy in $US421 million Malaysian investment

The company is currently conducting joint exploration of eight offshore blocks with the Malaysian state-owned company and earlier this month announced that it had discovered two new oil finds off the coast of Sabah.

Its find in Block K last year off the coast of Sabah, has estimated crude reserves of around 400 million to 700 million barrels.

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