Murphy Oil Completes Acquisition of Remaining Interest in Milford Haven Refinery

Monday, December 03, 2007

Murphy Oil Corporation (NYSE:MUR) announces that its wholly-owned subsidiary, Murco Petroleum Limited (Company), has completed the previously announced purchase of the remaining 70% interest in the Milford Haven, Wales refinery from TOTAL.

Effective December 1, the Company is now the sole owner and operator of the 108,000 barrel per day refinery.

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