Murphy Oil Schedules Earnings Conference Call

April 7, 2006

EL DORADO, Ark.--(BUSINESS WIRE)--April 7, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Wednesday, April 26 to review first quarter 2006 earnings, which will be announced Tuesday afternoon, April 25. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-257-6566 and referencing reservation number 11058405. The call will also be broadcast live over the internet and can be accessed through the Investor Relations Section of the Murphy website (www.murphyoilcorp.com). All investors, analysts, media, employees and the general public are invited to participate.

Online replays of the call will be available through the Murphy website, and a recording of the call will be available until 11:59 p.m. Central Time on Sunday, April 30, by dialing 1-800-405-2236.

    CONTACT: Murphy Oil Corporation, El Dorado
             Investor/Media Relations:
             Mindy West, 870-864-6315

    SOURCE: Murphy Oil Corporation