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One-Page Deal Sheet

Murphy Drops Down 30% Stake in Malaysian Assets

Pt Pertamina Murphy Oil Corp
AnnouncedSep 30, 2014
TypeProperty
Announced Date
September 30,2014
Effective Date
January 01,2014
Close Date
January 29,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
2000




Snapshot
Location
Region
Asia - Pacific

Country
Malaysia


Transaction Details:  Subscribe to see

First Closing Announcement - December 19, 2014

Murphy Oil Corporation announced that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., have closed on the first phase of the sale of 30% of Murphy's Malaysian oil and gas assets to PT Pertamina Malaysia Eksplorasi Produksi that was originally announced on September 30, 2014.

The first phase covers two-thirds of the transaction or 20% of Murphy's Malaysian oil and gas assets with the remaining portion scheduled to close in the first quarter of 2015. The transaction has an aggregate purchase price of $2.0…

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