-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O7iahgDYDnePJnSttuWV6MxtqCgdxB1cec93SDnJ2FvjKikbjSGOP+UOwhpRbOeB G3fiBr3ZQp6XDa9cQQyAtA== 0001181431-05-034580.txt : 20050615 0001181431-05-034580.hdr.sgml : 20050614 20050615082546 ACCESSION NUMBER: 0001181431-05-034580 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050615 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20050615 DATE AS OF CHANGE: 20050615 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MURPHY OIL CORP /DE CENTRAL INDEX KEY: 0000717423 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 710361522 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08590 FILM NUMBER: 05896324 BUSINESS ADDRESS: STREET 1: 200 PEACH ST STREET 2: PO BOX 7000 CITY: EL DORADO STATE: AR ZIP: 71731-7000 BUSINESS PHONE: 8708626411 MAIL ADDRESS: STREET 1: 200 PEACH STREET STREET 2: PO BOX 7000 CITY: EL DORADO STATE: AR ZIP: 71731-7000 FORMER COMPANY: FORMER CONFORMED NAME: NEW MURPHY OIL CORP /DE DATE OF NAME CHANGE: 19831115 8-K 1 rrd82589.htm Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C., 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date Of Report (Date Of Earliest Event Reported):  06/15/2005
 
MURPHY OIL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
 
Commission File Number:  1-8590
 
Delaware
  
71-0361522
(State or Other Jurisdiction of
  
(I.R.S. Employer
Incorporation or Organization)
  
Identification No.)
 
200 Peach Street
P.O. Box 7000
El Dorado, Arkansas 71731-7000
(Address of Principal Executive Offices, Including Zip Code)
 
870-862-6411
(Registrant’s Telephone Number, Including Area Code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
 

Items to be Included in this Report

 
Item 2.01.    Completion of Acquisition or Disposition of Assets
 
On June 10, 2005, Murphy Oil Corporation completed the sale of certain oil and natural gas properties on the continental shelf of the Gulf of Mexico to Energy Resource Technology, Inc., a wholly owned subsidiary of Cal Dive International, Inc. The net cash proceeds received from the purchaser were approximately $161.5 million after operating adjustments. Total production from the properties sold amounted to approximately 4,000 barrels of oil equivalent per day. The Company expects to record a gain in excess of $100 million on this sale transaction during the quarter ending June 30, 2005.
 
 
Item 2.03.    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
 
On June 14, 2005, Murphy Oil Corporation entered into a five-year $1 billion credit facility, whereby the Company and certain of its wholly-owned subsidiaries may borrow funds from a major banking consortium led by JPMorgan Chase. This new credit facility replaces two similar committed credit facilities with an aggregate borrowing capacity of $700 million.
 

 

Signature(s)
 
Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.
 
      
 
MURPHY OIL CORPORATION
 
 
Date: June 15, 2005.
     
By:
 
/s/    John W. Eckart
               
John W. Eckart
               
Controller
 
 
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