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CAM Pipeline Oil Leak

04/08/2002
EL DORADO, Ark., Apr 8, 2002 (BUSINESS WIRE) -- Murphy Oil USA, Inc. (Murphy), a wholly-owned subsidiary of Murphy Oil Corporation (NYSE:MUR), confirmed today that damage to a pipeline Saturday morning, in which the Company owns a minority interest, resulted in approximately 1,800 barrels of crude oil leaking into Little Lake, an area about five miles northeast of Clovelly, Louisiana.

Murphy owns 29.4% of the CAM (Clovelly-Alliance-Meraux) Pipeline. A subsidiary of British Petroleum (BP) operates the pipeline and owns 70.6%. BP, as the operator and responsible party, is conducting the clean-up and remediation of the impacted area. Murphy remains in contact with BP and has made its resources available for their use, if needed.

"We trust that BP and the authorities involved are doing everything possible to minimize the effects of the unfortunate accident and identify the cause of the leak," said Murphy spokesperson Fred Green, Senior Vice President Supply and Engineering.

Murphy does not expect this event to impact the operation of its Meraux, Louisiana refinery if BP's repair efforts remain on schedule.

CONTACT:          Murphy Oil Corporation, El Dorado
                  Fred Green, 870/864-6449

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