Murphy Oil announced that Keith S. Caldwell, Senior Vice President and Controller, plans to retire later this year. In advance of Caldwell's retirement, effective June 1, 2017, Christopher D. Hulse, has been elected to Vice President and Controller. Caldwell will remain at Murphy until later in the year to assist with the transition.
Hulse joined the company's wholly owned subsidiary, Murphy Exploration & Production Company in 2015 and is currently Vice President, Finance Projects. Prior to this assignment, Hulse served as Vice President Finance, Onshore with responsibilities over accounting for North American onshore operations.
Before joining Murphy, Hulse worked for a large integrated global oil and natural gas company having over eighteen years of experience in accounting, finance, planning and strategy, including being a country finance controller. Preceding joining the oil and natural gas industry, Hulse worked for a major accounting firm and holds a bachelor's degree in Economics from the University of Bath, United Kingdom and is designated as a Chartered Accountant by the Institute of Chartered Accountants in England and Wales. Hulse will report to John W. Eckart, Executive Vice President and Chief Financial Officer.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Production Daily Equivalent(boe/d) | ||||
Production Oil(bbls/d) |
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