Murphy Oil Corporation Achieves Appraisal Success at Hai Su Vang Field, Unlocking Significant Resource Upside

Core Viewpoint - Murphy Oil Corporation has successfully drilled the Hai Su Vang-2X appraisal well, marking a significant milestone in its strategic appraisal campaign for the Hai Su Vang field in Vietnam [1] Company Summary - The Hai Su Vang-2X well is located in Block 15-2/17 in the Cuu Long Basin, approximately 40 miles offshore of Vietnam [1] - The well was spud in early October 2025, indicating the company's ongoing commitment to exploration and appraisal activities in the region [1] Industry Summary - The successful drilling of the HSV-2X well contributes to the overall development of offshore oil and gas resources in Vietnam, highlighting the potential for future discoveries in the Cuu Long Basin [1]