Article: Retired Chairman of Murphy Oil Dies in El Dorado, Ark., at 82.

Arkansas Democrat-Gazette, Little Rock Knight Ridder/Tribune Business News

Mar. 21--Charles H. Murphy Jr., who took over his father's oil and timber company at age 21, credited innovation as the key to creating a Fortune 500 corporation spanning six continents.

Such vision once led him to bankroll an engineer who devised an offshore drilling rig by sinking a turtle in a bathtub.

Murphy, the retired chairman of Murphy Oil Corp., died Wednesday in El Dorado from complications after surgery. He was 82.

The engineer who won Murphy's favor got his spark for a turtleback design while considering how to submerge a new kind of mobile drilling ...

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