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Murphy makes adjustment to second quarter results

Murphy Oil Corp. announced Thursday the adjustment of its second quarter financial results.

The results were adjusted by $7.8 million after tax due to the expensing of a well drilled on the Buntal prospect in deepwater Malaysia Block K.

The well was completed after the company’s preliminary earnings release on July 30, a news release said.

Because the company has not filed its second quarter financial statements with the Securities and Exchange Commission, accounting rules require that drilling costs incurred through June 30 be included in the second qua...
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