Murphy Oil nets $2bn in Malaysia farmout

US independent Murphy Oil has sold a 30% stake in its Malaysian oil and gas assets to Indonesia's PT Pertamina for $2 billion cash.

Eagle eyed: Roger Jenkins' Murphy Oil could redirect farmout cash to Eagle Ford drilling
Eagle eyed: Roger Jenkins' Murphy Oil could redirect farmout cash to Eagle Ford drilling
Published 30 September 2014, 14:10Updated 11 October 2016, 15:47
Asia & Oceania