Murphy Oil/Wal-Mart Moving North

CALGARY, Alberta -- Murphy Oil and Canada are teaming up again this time north of the border after striking a deal yesterday to bring their aggressive fuel retailing strategy to Wal-Mart stores in Canada.

Murphy Canada Ltd., a subsidiary of El Dorado, Ark.-based Murphy Oil Corp. said it would build approximately five to seven gas stations at select Wal-Mart stores across Canada this year and continue growing the concept next year.

Murphy Oil and Wal-Mart currently operate more than 250 gas stations at Wal-Mart stores in the United States.

"Wal-Mart and Murphy have worked together for the past five years on bringing everyday low prices to retail gasoline consumers at hundreds of stations in other markets," said Herb Fox, executive vice president of Murphy Oil. "This agreement means that Murphy Canada will now be able to provide high-quality gasoline and diesel fuel to Canadian customers with the convenience, super service and significant cost savings for which the Murphy and Wal-Mart relationship is famous."

Fox said that the new Murphy Canada stations would be built in the parking lots of select Wal-Mart stores. Wal-Mart Canada operates 196 stores across the country. "We are excited to team with Canada's top retailer to provide customers with the one-stop-shopping convenience and cost savings the new Murphy Canada stations will bring to the marketplace." Fox said.