Murphy Oil Corporation Achieves Appraisal Success at Hai Su Vang Field, Unlocking Significant Resource Upside

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary has successfully drilled the Hai Su Vang-2X (HSV-2X) appraisal well in Block 15-2/17 in the Cuu Long Basin, located approximately 40 miles offshore of Vietnam. The well spud in early October 2025 and marks a major milestone in Murphy’s strategic appraisal campaign for the Hai Su Vang (Golden Sea Lion) field. The HSV-2X well was drilled to appraise the 2025 Hai Su Vang discovery, where the initial di