DBRS Releases Report on Murphy Oil

DBRS has today released a report providing further detail on the recent downgrading of Murphy Oil Corporation to BBB (high) from A (low), as well as the downgrading of Murphy Oil Company Ltd.’s Commercial Paper to R-2 (high) from R-1 (low). The trends for all ratings were changed to Negative.

This report and the November 26, 2012, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.