Murphy Oil reports Côte d'Ivoire appraisal success, Vietnam discovery and first oil at Lac Da Vang

MURPHY OIL CORP

Bubale West-1X in Block CI-103 offshore Côte d'Ivoire hit ~88 ft (27 m) of net oil pay in the Turonian, plus deeper Albian hydrocarbons; drilled to 19,357 ft in 9,039 ft water.
Murphy CI-103 Oil Co. holds 85% working interest and operatorship of Block CI-103; PETROCI holds the remaining 15%.
Lac Da Trang North-1X in Vietnam's Block 15-1/05 encountered 131 ft (40 m) of net oil pay; Murphy operates with 40% WI, PetroVietnam 35%, SK Earthon 25%.
First oil at Lac Da Vang field (Block 15-1/05) on Sept. 27, 2026; net peak production of ~10-15 MBOEPD expected in 2028-2029 as wells ramp through 2028.
Chinook #8 in Walker Ridge Block 425 is online through the Pioneer FPSO at ~15 MBOEPD initial gross; Murphy holds 86.7% WI, Petrobras America 13.3%.

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