Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 691 full-time employees. The firm is engaged in both onshore and offshore operations and properties. The Company’s geographic segments include the United States, Canada and all other countries. The company produces crude oil, natural gas and natural gas liquids primarily in the United States and Canada and explores for crude oil, natural gas and natural gas liquids in targeted areas worldwide. In the United States, it produces crude oil, natural gas liquids and natural gas primarily from fields in the Gulf of Mexico and in the Eagle Ford Shale area of South Texas. The company holds approximately 133 thousand gross acres in South Texas in the Eagle Ford Shale unconventional oil and natural gas play. In Canada, it holds working interests in Tupper Montney (100% owned), Kaybob Duvernay, Placid Montney and two non-operated offshore assets, such as the Hibernia and Terra Nova fields, located offshore Newfoundland in the Jeanne d’Arc Basin.