<SEC-DOCUMENT>0001193125-17-248775.txt : 20170804
<SEC-HEADER>0001193125-17-248775.hdr.sgml : 20170804
<ACCEPTANCE-DATETIME>20170804162604
ACCESSION NUMBER:		0001193125-17-248775
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170804
ITEM INFORMATION:		Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170804
DATE AS OF CHANGE:		20170804

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MURPHY OIL CORP /DE
		CENTRAL INDEX KEY:			0000717423
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				710361522
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08590
		FILM NUMBER:		171008952

	BUSINESS ADDRESS:	
		STREET 1:		300 PEACH STREET
		STREET 2:		PO BOX 7000
		CITY:			EL DORADO
		STATE:			AR
		ZIP:			71731-7000
		BUSINESS PHONE:		8708626411

	MAIL ADDRESS:	
		STREET 1:		300 PEACH STREET
		STREET 2:		PO BOX 7000
		CITY:			EL DORADO
		STATE:			AR
		ZIP:			71731-7000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW MURPHY OIL CORP /DE
		DATE OF NAME CHANGE:	19831115
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d428802d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT
TO SECTION 13 OR 15(d) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of report (Date of earliest event reported): August&nbsp;4, 2017 </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>MURPHY OIL CORPORATION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>1-8590</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>71- 0361522</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>300 Peach Street</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>P.O. Box 7000, El Dorado, Arkansas</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>71730-7000</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><B>(Address of principal executive offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Registrant&#146;s telephone number, including area code 870-862-6411 </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Not applicable </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former
Name or Former Address, if Changed Since Last Report) </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B></B>&#9744;<B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B></B>&#9744;<B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B></B>&#9744;<B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B></B>&#9744;<B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </B></TD></TR></TABLE>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Emerging&nbsp;growth
company&nbsp;&nbsp;</B>&#9744;<B></B><B> </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>If an emerging growth company, indicate by check mark if the registrant has elected not to use the
extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a) of the Exchange Act.&nbsp;&nbsp;</B>&#9744;<B></B><B> </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="12%" VALIGN="top" ALIGN="left"><B>Item&nbsp;2.04.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement </B></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On August 4, 2017, Murphy Oil Corporation (the &#147;Company&#148;) called for redemption all of the $550 million principal amount outstanding of its 2.500%
Notes due 2017 (CUSIP No. 626717 AE2) (the &#147;2017 Notes&#148;) in accordance with the &#147;make whole&#148; redemption provisions applicable thereto, as set forth in Section 3.01 of the Second Supplemental Indenture (the &#147;Second
Supplemental Indenture&#148;) dated as of November 30, 2012 between the Company and U.S. Bank National Association, as Trustee, to that certain Indenture dated as of May 18, 2012 between the Company and the Trustee. The Second Supplemental Indenture
was filed as Exhibit 4.1 to the Company&#146;s Current Report on Form 8-K filed on November 30, 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The redemption date for the 2017 Notes will be
September 5, 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The redemption price for the 2017 Notes will be calculated in accordance with the Second Supplemental Indenture, and will be equal to
the greater of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) 100% of principal amount of the 2017 Notes, or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the sum of the present values of the Remaining Scheduled Payments (as defined in the Second Supplemental Indenture) of
principal and interest on the 2017 Notes, discounted to September 5, 2017 on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Second Supplemental Indenture) plus 30 basis
points, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">plus, in either case, accrued and unpaid interest on the principal amount of the 2017 Notes being redeemed to, but not including,
September&nbsp;5, 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Current Report on Form 8-K does not constitute a notice of redemption under the Second Supplemental Indenture. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="12%" VALIGN="top" ALIGN="left"><B>Item&nbsp;8.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Other Events </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Notes Offering </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On August&nbsp;4, 2017, the Company announced that it had priced an offering of $550 million 5.750% notes due 2025, pursuant to an effective shelf registration
statement previously filed with the Securities and Exchange Commission. The foregoing is qualified by reference to the press release attached as Exhibit 99.1 to this Current Report on Form&nbsp;8-K, which is incorporated herein by reference. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="12%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top">Exhibits </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press release announcing notes pricing</TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left"></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Signature </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MURPHY OIL CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ John B. Gardner</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">John B. Gardner</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Vice President &amp; Treasurer</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: August&nbsp;4, 2017 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Exhibit Index </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press release announcing notes pricing</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d428802dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g428802g0802142440374.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:14pt; font-family:Times New Roman"><B>NEWS RELEASE </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:4.5pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>MURPHY OIL CORPORATION ANNOUNCES
PRICING OF $550 MILLION OF NOTES DUE 2025 </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">EL DORADO, Arkansas, August&nbsp;4, 2017 &#150; Murphy Oil Corporation (NYSE:MUR) announced it has priced an
offering of $550&nbsp;million of 5.750 percent Notes that will mature in 2025 (&#147;2025 notes&#148;), pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (&#147;SEC&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company expects to close the offering on August&nbsp;18, 2017, subject to customary closing conditions, and expects to use the net proceeds from the
offering of the 2025 notes in order to redeem the Company&#146;s 2.500 percent Notes due 2017 in accordance with the indenture governing such notes. This news release does not constitute a notice of redemption under such indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">J.P. Morgan Securities LLC is acting as joint physical book-running manager for the offering. The offering is being made under an automatic shelf registration
statement on Form <FONT STYLE="white-space:nowrap">S-3</FONT> (Registration <FONT STYLE="white-space:nowrap">No.&nbsp;333-207463)</FONT> filed by Murphy with the SEC and only by means of a prospectus supplement and accompanying prospectus. An
investor may obtain free copies of the prospectus supplement and accompanying prospectus related to the offering by visiting EDGAR on the SEC website, www.sec.gov, or by contacting: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">J.P. Morgan Securities LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">c/o
Broadridge Financial Solutions </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">1155 Long Island Avenue </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Edgewood, NY 11717 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-866-803-9204</FONT></FONT></FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This news release does
not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such jurisdiction. </P> <P STYLE="font-size:120pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">P.O. Box 7000, El Dorado, Arkansas 71731-7000 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>ABOUT MURPHY OIL CORPORATION </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Murphy Oil Corporation is a global independent oil and natural gas exploration and production company. The company&#146;s diverse resource base includes
offshore production in Southeast Asia, Canada and Gulf of Mexico, as well as, North America onshore plays in the Eagle Ford Shale, Kaybob Duvernay and Montney. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>This news release contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as &#147;aim&#148;, &#147;anticipate&#148;,
&#147;believe&#148;, &#147;drive&#148;, &#147;estimate&#148;, &#147;expect&#148;, &#147;expressed confidence&#148;, &#147;forecast&#148;, &#147;future&#148;, &#147;goal&#148;, &#147;guidance&#148;, &#147;intend&#148;, &#147;may&#148;,
&#147;objective&#148;, &#147;outlook&#148;, &#147;plan&#148;, &#147;position&#148;, &#147;potential&#148;, &#147;project&#148;, &#147;seek&#148;, &#147;should&#148;, &#147;strategy&#148;, &#147;target&#148;, &#147;will&#148; or variations of such
words and other similar expressions. These statements, which express management&#146;s current views concerning future events or results are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially
from those expressed or implied in our forward-looking statements include, but are not limited to, the volatility and level of crude oil and natural gas prices, the level and success rate of Murphy&#146;s exploration programs, the company&#146;s
ability to maintain production rates and replace reserves, customer demand for Murphy&#146;s products, adverse foreign exchange movements, political and regulatory instability, adverse developments in the U.S. or global capital markets, credit
markets or economies generally and uncontrollable natural hazards, as well as those contained under the caption &#147;Risk Factors&#148; in our Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended December&nbsp;31,
2016. For further discussion of risk factors, see Murphy&#146;s 2016 Annual Report on Form <FONT STYLE="white-space:nowrap">10-K,</FONT> on file with the U.S. Securities and Exchange Commission. Murphy undertakes no duty to publicly update or revise
any forward-looking statements. </I></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investor Contacts: </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Kelly Whitley, <U>kelly_whitley@murphyoilcorp.com</U>, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">281-675-9107</FONT></FONT> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Amy Garbowicz, <U>amy_garbowicz@murphyoilcorp.com</U>, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">281-675-9201</FONT></FONT> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Emily McElroy, <U>emily_mcelroy@murphyoilcorp.com</U>, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">870-864-6324</FONT></FONT> </P>
<P STYLE="font-size:120pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:120pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">P.O. Box 7000, El Dorado, Arkansas 71731-7000 </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g428802g0802142440374.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g428802g0802142440374.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !2 +8# 2(  A$! Q$!_\0
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M;]GNM4N]3N7<R37-RW+,<9VJ.$7CA1P/<DFM2@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ Z#)KY!^,_B*Q\1_$6YGTYTEM[:%+43(<K
M*5R20>XRQ&>^*^J/$&@6_B33Q87=U>0VI?,T=M-Y?GK@C8Y SM.>0",X]*R)
M/AAX(DL39GPSIPC(QN6+$G_??WL_C0!Y7>?%[PS-\%O[$C\S^UVTU=/-GY+
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M/\$2:[:VT,\RO$OERYV_,0#TYKQK_AI+7_\ H!Z9_P!]2?XUZ'\</^20S?\
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M6.-!T55V #\A6K\%?AAK7A[Q-=:SXBTXVC00>7:*SH^6?[S#:3C"C'_ ZO\
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M(55')/\ A6!H/Q8\*^(-6BTN&XN;6\F_U,=Y 8O-_P!T]/H.]<O\5?+T_7O
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<OEOFL[<W:C"SF)?, QCAL9Z$T44 6:*** /_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
