MURPHY OIL CORP — Director's Dealing 2012

Nov 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2012-11-06

Reporting Person: West Malynda K (Vice President & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-06	Common Stock	M	7000	$21.17	Acquired	18284	Direct
2012-11-06	Common Stock	S	7000	$60.4139	Disposed	11284	Direct
2012-11-06	Common Stock	M	5000	$57.315	Acquired	16284	Direct
2012-11-06	Common Stock	F	4900	$59.415	Disposed	11384	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-06	Stock Option	$21.17	M	7000	Disposed	2013-02-04	Common Stock (7000)	Direct
2012-11-06	Stock Option	$57.315	M	5000	Disposed	2013-01-31	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	499	Indirect

Footnotes

F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, using the average high and low price on November 5, 2012 of $59.4150.