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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]

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Category: companyNews

Topics: mexico, assets, gulf, exploration, llog

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