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United States Energy

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Oil and Gas

Murphy Oil identifies non-commercial hydrocarbons in Ivorian frontier well

Murphy Oil (NYSE:MUR) announced today that its Civette-1X exploration well offshore Côte d’Ivoire reached total depth but failed to meet commercial thresholds, a result that provides a sober look at the frontier basin even as it confirms a working petroleum system.

Read more: Murphy Oil identifies non-commercial hydrocarbons in Ivorian frontier well