(De Ware Tijd) — The two exploration wells multinational Murphy Oil has drilled about 190 kilometers northeast of the deep sea-area of Suriname till a depth of about 3,500 meters along the maritime border with French Guiana (Block 37) are dry. This has resulted in the company’s shares dropping by 10% in value over 2010. Murphy Oil will keep looking for oil in Surinamese waters and other oil companies such as Japanese Teikokuzal have neither given up hope to find oil in the area.
Murphy oil comes up dry off Suriname
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