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UPDATE 1-Murphy Oil to buy Gulf of Mexico assets for $1.38 bln

Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: mexico, assets, gulf, exploration, llog

Source Link: http://feeds.reuters.com/~r/reuters/companyNews/~3/EdJ7JfSPu1c/update-1-murphy-oil-to-buy-gulf-of-mexico-assets-for-1-38-bln-idUSL3N2252PO

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