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Rigzone Industry News

1. Crude Oil Misses Milestone

   Both the WTI and Brent contracts faltered Thursday.

2. $2.1B Deal Lets Murphy Focus on One Hemisphere

   Murphy Oil will sell its main Malaysia subsidiaries to PTTEP.

3. Medco Raises Offer for Ophir Takeover

   Indonesian company Medco has upped its takeover offer for London-based Ophir Energy.

4. Gulf of Mexico Lease Sale 252 Saw $244.3MM in High Bids

   Thirty companies participated and submitted almost $284 million in all bids for acreage in the federal waters of the Gulf of Mexico.

5. Texas Posts 15,000+ Industry Jobs During Jan-Feb

   From January through February, there were 90,718 total job postings for the Texas oil and natural gas industry, of which 15,375 were unique.