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Friday, March 13, 2015

Puma Energy buys Milford Haven refinery in Wales, (NYQ: MUR)

Puma Energy has bought the Milford Haven oil refinery in Wales and the other UK assests of Murphy Oil Corporation, Puma said in a statement on Friday. Puma Energy, which is part-owned by Swiss-based commodity trading giant Trafigura and Angola's national oil company, said it would purchase the Milford Haven facility and Murphy's UK subsidiary Murco's three inland terminals.

Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company. Shares of MUR fell by 1.55% or $-0.72/share to $45.87. In the past year, the shares have traded as low as $42.19 and as high as $68.43. On average, 2007740 shares of MUR exchange hands on a given day and today's volume is recorded at 433330.