MURPHY OIL CORP — Director's Dealing 2010

Sep 14, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2010-09-14

Reporting Person: Heithaus Henry J. (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-14	Common Stock	M	7000	$30.295	Acquired	11457	Direct
2010-09-14	Common Stock	S	7000	$59.56	Disposed	4457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-14	Stock Option	$30.295	M	7000	Disposed	2011-02-03	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	503	Indirect