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Murphy Oil Corporation is engaged in the exploration and production of oil and gas properties. It explores for and produces crude oil, natural gas, and natural gas liquids. The companys principal exploration and production properties are located in the United States, Malaysia, Indonesia, Suriname, Australia, Brunei, Cameroon, Vietnam, Equatorial Guinea, the Republic of the Congo, and the Kurdistan region of Iraq. It primarily holds interest in a Canadian synthetic oil operation. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.