Murphy Oil Schedules Earnings Conference Call

January 10, 2006

EL DORADO, Ark.--(BUSINESS WIRE)--Jan. 10, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, February 2 to review fourth quarter 2005 earnings, which will be announced Wednesday afternoon, February 1. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-218-8862 and referencing reservation number 11050887. 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 Monday, February 6, by dialing 1-800-405-2236.

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

    SOURCE: Murphy Oil Corporation