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SMALL BUSINESS
Murphy Oil begins production at Malaysia field
AP
EL DORADO, Ark. -Murphy Oil Corp., an independent petroleum producer, refiner and marketer, said Friday it started production at its natural gas field offshore Sarawak, Malaysia.
Murphy Sarawak Oil Co. Ltd. operates the development and has an 85 percent working interest in the fields with Petronas Carigali Sdn. Bhd. holding the other 15 percent.
Shares fell 52 cents to $60.45 during in late afternoon trading.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-09-18 15:44:19
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