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Well #1: November 2010 (Atwood Beacon, Block 37, Murphy Oil, Suriname)

The first well of the four-well Atwood Beacon program spud in early November on Murphy

Oil’s 100%-owned Block 37 (located offshore Suriname) and is expected to take

approximately 50 days to complete.



Was spud November 8, so we are within a week of completion.



Well #2: January 2011 (Atwood Beacon, Block 37, Murphy Oil, Suriname)

The second well of the four-well Atwood program is expected to spud in early January,

target Murphy Oil’s Aracari Prospect and take 30 days to complete.



By end of January both wells 1 & 2 could be finished.

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