EXECUTIVE OFFICE MURPHY CUU LONG BAC OIL CO., LTD (LOT 15-1 / 05)

Business Nature: Oil and Gas Exploration and Production Company (Operator)

Company Overview:

Murphy Cuu Long Bac Oil Co., Ltd. is a subsidiary of Murphy Oil Corporation, a global independent oil and natural gas exploration and production company. This specific entity serves as the executive office and operating arm responsible for the management and development of the Lot 15-1/05 offshore block in Vietnam.

Core Activities:

The company focuses on upstream activities, including the exploration, appraisal, and development of hydrocarbon resources. It operates as an energy producer rather than a manufacturing factory or a traditional trading company. Its primary objective is to extract petroleum and natural gas resources from the assigned offshore field and manage the logistical and operational requirements associated with these extraction projects.

Classification:

It is neither a factory nor a trading company. It is classified as an upstream Oil and Gas Exploration and Production (E&P) company.

Primary Business Activities and Products:

1. Exploration and production of crude oil and natural gas.

2. Extraction of petroleum and associated hydrocarbons from offshore fields.

3. Sale and distribution of crude oil and natural gas products derived from Lot 15-1 / 05.

4. Provision of technical services and operational management related to upstream oil and gas development.