We advised the borrowers on the financing

Davis Polk advised Murphy Oil Corporation, Murphy Exploration & Production Company – International and Murphy Oil Company Ltd. (collectively, “Murphy Oil”) in connection with their $1.2 billion unsecured revolving credit facility.

Murphy Oil is a global oil and natural gas exploration and production company, with both onshore and offshore operations and properties. 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.

The Davis Polk finance team included partner Sanders Witkow, counsel Mayer J. Steinman and associate Jenelle L. Davis. Counsel Will Schisa provided sanctions advice. Associate Justin Alexander Kasprisin provided ERISA advice. Counsel Liang Zhang and associate Michael Mirabella provided tax advice. Associates Jonathan P. Jackson and Caleb Beavers provided 1940 Act advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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