Murphy Exploration & Production Company, (Murphy EXPRO) is engaged worldwide in crude oil and natural gas exploration and production. Murphy EXPRO is headquartered in Houston, Texas. In 1999, Murphy opened an office in Kuala Lumpur to oversee its E&P activities in Malaysia. Murphy Oil USA, Inc., (MOUSA) is engaged in refining, marketing and transportation of petroleum products in the United States. It is headquartered in El Dorado at Murphy's corporate offices. MOUSA's refineries are in Meraux, Louisiana, and Superior, Wisconsin. A division of MOUSA, Murphy USA Marketing Co. operates retail gasoline stations under the Murphy USA® brand across 20 states in the U.S. These are high-volume, low-cost retail gasoline stations, primarily in the parking areas of Wal-Mart Supercenters. The first Murphy USA station was opened in December 1996. MOUSA also operates a network of 12 Company-owned terminals. These terminals, along with numerous third-party terminals, provide fuel supply to retail and branded wholesale stations throughout 23 states. Murphy’s refining and marketing operations are conducted through wholly-owned subsidiaries including Murphy Oil USA, Inc. based in El Dorado, Arkansas, and Murco Petroleum Ltd., a U.K. subsidiary serviced by Murphy Eastern Oil Company, based in London, England. Petroleum products are marketed through extensive product distribution systems under the Murphy USA and SPUR brands in the U.S. and under the Murco and Jet brands in the U.K. Our downstream operations include a 125,000 barrel-a-day refinery in Meraux, Louisiana, which produces refined petroleum products for distribution in the Gulf Coast market, and a 35,000 barrel-a-day refinery in Superior, Wisconsin, which serves the Upper Midwest. Operations in the United Kingdom are centered on our 108,000 barrel-a-day refinery in Milford Haven, Wales. Murphy’s marketing collaboration with Wal-Mart continues to grow at an impressive rate. Presently the number of high-volume retail gasoline stations operating in Wal-Mart parking areas throughout the Southeast and Upper Midwest regions is nearing 1,000, giving Murphy a unique niche in the U.S. marketplace. Additionally, High-volume sales coupled with very low operating costs giving us a distinct competitive advantage. In 2006 Murphy expanded its operation to include a new full size stand alone C-Store under the Murphy Express name.