Financial Overview ( Millions) 1Q 2014 1Q 2013 Share Repurchase Consolidated Commenced 4th 250 Million Tranche - 4,018,000 Net Income 155.3 360.6 Shares Received to Date /Diluted Share 0.85 1.88 Complete in May 1.0 Billion to Date…
1Q 2014 - Operational Highlights Company Production Records in March Single Day rate just over 226 MBOEPD Averaged Near 222 MBOEPD EFS Quarter Record Production 49.6+ MBOEPD Up 18% from 4Q 2013 Up 72% from 1Q 2013 Major…
EFS - Running Room NORTH TILDEN Downspacing Working CATARINA KARNES 1,750+ Locations Remaining TILDEN 10+ Years Inventory 0 10 mi Murphy Acreage Operated Non-Operated Spacing Potential Wells Total Well Area Net Acres Wells…
EFS - Staggered Downspacing MBOE Karnes: JOG 1H MBOE Tilden: Saylee South MBOE Catarina: Briggs 1H-3H Jog 1H Eagle Ford Type Log - Karnes Upper EFS Potential Upper EFS Well Saylee South 2012 Upper EFS Well Two Year Production…
Global Offshore Malaysia SNP Sanctioned October 2011 First Oil February 2014 77 MMBO Gross 6 Producers Currently Online 8 Producers & 5 Water Injectors Tie-Back to Kikeh FPSO MURPHY OIL CORPORATION www.murphyoilcorp.com NYSE: MUR…
Long Term Oil-Indexed Gas Partnered with PETRONAS Global Leader in LNG Block H Phase I Rotan & 3 Satellite Fields Project Sanctioned Feb 2014 Gas Sales Agreement In Place SK Gas 1.5 TCF EUR Resource 300 MMCFD Capacity MMCFPD…
Global Offshore GOM Dalmatian Two-well Subsea Tie-back to Petronius 40 MMBOE Gross Resource First Production April 20th Dalmatian North Dalmatian Third Well Planned for 2015 PETRONIUS Viosca Knoll 786 2014 Ramp-up, Net…
2014 Exploration Program Anticipated Spud 2014 Area Prospect Resource Q1 Q2 Q3 Q4 GULF OF MEXICO Titan-1 200 MMBOE Urca 130 MMBOE Whydah 85 MMBOE Opal (Non-Op) 200 MMBOE CAMEROON Bamboo-1 EQUATORIAL GUINEA Block W NAMIBIA 2613 A/B…
2014 Production Production (BOEPD) 250,000 EFS Production Growth 225,000 230,000 225,000 SK Oil Developments 200,000 Siakap North-Petai 175,000 Dalmatian Project 150,000 1Q 2014 2Q 2014E 2014E Kakap-Gumusut Main Field MURPHY…
Guidance - 2Q 2014 2Q 2014 2Q 2014 Guidance Liquids (BOPD) Gas (MCFD) Q2 Production: 217,000 BOEPD 145,000 432,000 US - Eagle Ford Shale 49,500 32,000 Gulf of Mexico 13,500 49,000 Canada - Heavy 8,000 5,000 Montney 127,000…
Takeaways Double Digit Production Growth High Margin, Oil-weighted portfolio with Price Diversity Operated Field Developments Progressing Active Exploration & Business Development GOM Farm-ins to Urca & Kodiak Drilling Norphlet…