Murphy Oil Announces Election of New Directors

The Board of Directors of Murphy Oil Corporation (NYSE: MUR) announced
today that Steven A. Coss?nd Walentin (Val) Mirosh have been elected
to the Company′s Board of Directors effective August 3, 2011.
Mr. Coss?etired from Murphy Oil in March of this year, where he served
as Executive Vice President and General Counsel. He previously held
positions as Senior Vice President, Vice President and Principal
Financial Officer while maintaining his role as General Counsel
throughout his tenure with Murphy Oil Corporation. Prior to that, Mr.
Coss?erved as General Counsel for Ocean Drilling & Exploration Company
(ODECO) in New Orleans, Louisiana, a NYSE listed majority owned
subsidiary of Murphy.
He received a Bachelor of Arts degree from Southeastern Louisiana
University in 1969 and a Juris Doctor degree from Loyola University in
1974. Mr. Coss?resently serves on the boards of the Arkansas Research
Alliance, Simmons First Bank of El Dorado, Simmons First National
Corporation, and SHARE Foundation (chairman). Mr. Coss?s a member of
the Louisiana Bar Association, Arkansas Bar Association and Union County
Bar Association.
Mr. Mirosh is President of Mircan Resources, Inc., a private consulting
company based in Calgary, Canada and is a member of its Board of
Directors. He previously held positions as Vice President and Special
Advisor to the President and Chief Operating Officer of NOVA Chemicals
Corp.
He received a Bachelor of Science degree in 1968 from the University of
Alberta, a Masters degree from the University of Waterloo in 1970, and a
Bachelor of Laws degree in 1973 from the University of Alberta. Mr.
Mirosh currently serves on the Board of Directors of Superior Plus,
TC Pipelines, and Alberta Economic Development Authority. He is Director
of Latin American Research Center at the University of Calgary, and
Co-Chairman of the Advisory Council to the Faculty of Social Sciences.
William C. Nolan, Jr., Chairman of the Board of Murphy commented, 'We
are delighted to bring onto our Board two individuals with tremendous
business acumen and experience in our industry.?
Murphy Oil Corporation
Barry Jeffery, 870-864-6501
Internet:http://www.murphyoilcorp.com
Email:
murphyoil@murphyoilcorp.com