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Murphy Oil (MUR) says a well drilled off the shore of the Republic of the Congo was unsuccessful...
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Wednesday, November 21, 2012, 11:18 AM ETMurphy Oil (MUR) says a well drilled off the shore of the Republic of the Congo was unsuccessful and has been plugged and abandoned; the cost of the well in the Mer Profonde North permit area totals $48M and will be expensed in Q4. MUR also says it has expanded its presence in the Browse Basin exploration area off the coast of Australia.
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