Source: GlobeNewswire

Press Release: Murphy Oil : SemCAMS Signs Long-Term Processing Agreements and Announces New Duvernay Sour Gas Plant

CALGARY, Alberta, Dec. 21, 2017 (GLOBE NEWSWIRE) -- SemCAMS, a subsidiary of SemGroup® Corporation (NYSE:SEMG), today announced that it has signed 15-year gas processing agreements with Murphy Oil Company Ltd., a wholly owned subsidiary of Murphy Oil Corporation (NYSE:MUR) and Athabasca Oil Corporation (TSX:ATH). The agreements establish long-term relationships with two active operators developing the Duvernay and Montney in the Kaybob area. In order to support these customers, SemCAMS announced construction of a new sour gas plant ("Smoke Lake Gas Plant") which is underpinned by the production outlined in the agreements. The plant will be located at 15-11-062-20W5M.

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Based on data from Murphy Oil's latest SEC filings

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Based on data from Murphy Oil's latest SEC filings

Employees

Roger W. Jenkin's photo - President & CEO of Murphy Oil

President & CEO

Roger W. Jenkin

CEO Approval Rating

67/100

Murphy Oil explores, develops and produces oil and gas properties.

Murphy Oil is headquartered in El Dorado, Arkansas. R...
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