Murphy Oil announces oil discovery offshore Côte d'Ivoire

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Murphy Oil Corporation Announces Oil Discovery at Bubale-1X Offshore Côte d'Ivoire

June 22, 2026 4:30 PM EDT

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced an oil discovery at the Bubale-1X exploration well in Block CI-709, located approximately 40 miles offshore Côte dIvoire.

The Bubale-1X well was drilled to a total depth of 20,548 feet (6,263 meters) in 7,795 feet (2,376 meters) of water. The well encountered 100 feet (30 meters) of net oil pay across two reservoirs, with preliminary assessment indicating high-quality light oil.

Early results at Bubale reinforce the prospectivity of our Côte dIvoire acreage, said Eric Hambly, President and Chief Executive Officer. We are pleased with... More