EL DORADO, Ark., Jul 8, 2002 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, July 25 to review second quarter 2002 earnings, which will be announced Wednesday afternoon, July 24. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-366-3908 and referencing reservation number 484711. 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 Thursday, August 8, by dialing 1-800-405-2236.

CONTACT:          Murphy Oil Corp., El Dorado
                  Investor Relations: Mindy West, 870/864-6315 
                  or
                  Public Relations: Betty LeBrescu, 870/864-6222

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