Murphy Oil Corporation announces signing of offshore Cameroon production sharing contracts
MUR•Murphy Oil, through a unit, will hold a 100% working interest in 2.6 million acres offshore Cameroon and evaluate the exploration potential of four blocks with SNH. SNH retains the right to up to a 20% working interest in future development.
1. Cameroon contracts signed
Murphy Oil Corporation announced the signing of offshore Cameroon production sharing contracts. Through a unit, it will hold a 100% working interest in 2.6 million acres and work with Société Nationale des Hydrocarbures to evaluate the exploration potential of four blocks. SNH retains the right to up to a 20% working interest in future development.
