News Release

MURPHY OIL ANNOUNCES ANNUAL MEETING VOTING RESULTS

EL DORADO, Arkansas, May 13, 2015 - Murphy Oil Corporation (NYSE:MUR) announced today the results of voting from its Annual Meeting of Stockholders ("Annual Meeting") held May 13, 2015 at 10:00 a.m. in El Dorado, AR. 

Four proposals were brought forward and voted on at the Annual Meeting:

  1. Election of Directors - all nominees for director have been elected with a vote greater than 95%.
  2. Advisory Vote to Approve Executive Compensation - the stockholders have approved, on an advisory basis, the compensation of the Company's named executive officers with a 97% majority.
  3. Appointment of Independent Registered Public Accounting Firm - the appointment of KPMG LLP has been approved with a 98% majority.
  4. Approximately 53% of shares voted approved a shareholder proposal requesting that the Murphy Board of Directors adopt and present a proxy access bylaw for shareholder approval.  The Board of Directors intends to give this matter careful consideration.

For further information contact Mr. Barry Jeffery, Vice President, Investor Relations at 870-864-6501.


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