Murphy Oil Corporation (NYSE:MUR) Q2 2023 Earnings Call Transcript - Page 8 of 8 - InvestingChannel

Murphy Oil Corporation (NYSE:MUR) Q2 2023 Earnings Call Transcript

And we’re actively reviewing that, and we’re really happy about — these are two very large additions we have here with, now with our field development Vietnam, allowing us to execute many opportunities there. We didn’t want to execute our drilling there. So we had our field development plan prove that suddenly came forward that’s changing. Cote d’Ivoire is a very big, large acreage area. We’ve been working on that for a very long time. So — we’re not out in some big global hunt for more exploration acreage. We monitor and know about everything globally. Because again, we’re trying to walk our way through our lower growth, high return back to shareholder business is, again, getting this debt paid down, which is — you just asked Tom about that.

And we’re well positioned toward that more than going out and looking at very expensive country entry at this time.

Roger Read: All right. Appreciate it Thanks.

A – Roger Jenkins: Thank you, Roger. Take care.

Operator: We have no further questions in the queue. I’ll turn the call back over to Jenkins. Please proceed.

Roger Jenkins: Okay. Thank you. I had a real good call today. Thanks to everyone focusing on the key questions about how we add shareholder value at a very good quarter, anticipating another one coming up and get into our framework and thank everyone for participating today, and see everyone soon. Appreciate it. Thank you.

Operator: Ladies and gentlemen, this will conclude your teleconference. Please disconnect your lines.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire