MUR » Topics » The costs and funding requirements related to the Companys retirement plans are affected by several factors.

These excerpts taken from the MUR 10-K filed Feb 27, 2009.

The costs and funding requirements related to the Company’s retirement plans are affected by several factors.

A number of actuarial assumptions impact funding requirements for the Company’s retirement plans. The most significant of these assumptions include return on assets, long-term interest rates and mortality. If the actual results for the plans vary significantly from the actuarial assumptions used, or if laws regulating such retirement plans are changed, Murphy could be required to make significant funding payments to one or more of its retirement plans in the future and/or it could be required to record a larger liability for future obligations in its Consolidated Balance Sheet.

 

Item 1B. UNRESOLVED STAFF COMMENTS

The Company had no unresolved comments from the staff of the U.S. Securities and Exchange Commission as of December 31, 2008.

 

Item 2. PROPERTIES

Descriptions of the Company’s oil and natural gas and refining and marketing properties are included in Item 1 of this Form 10-K report beginning on page 1. Information required by the Securities Exchange Act Industry Guide No. 2 can be found in the Supplemental Oil and Gas Information section of this Annual Report on Form 10-K on pages F-32 to F-40 and in Note D—Property, Plant and Equipment on page F-12.

 

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The costs and funding requirements
related to the Company’s retirement plans are affected by several factors.

A number of actuarial assumptions impact funding requirements for the
Company’s retirement plans. The most significant of these assumptions include return on assets, long-term interest rates and mortality. If the actual results for the plans vary significantly from the actuarial assumptions used, or if laws
regulating such retirement plans are changed, Murphy could be required to make significant funding payments to one or more of its retirement plans in the future and/or it could be required to record a larger liability for future obligations in its
Consolidated Balance Sheet.

 





Item 1B.UNRESOLVED STAFF COMMENTS

The Company had no unresolved comments
from the staff of the U.S. Securities and Exchange Commission as of December 31, 2008.

 





Item 2.PROPERTIES

Descriptions of the Company’s oil and natural gas
and refining and marketing properties are included in Item 1 of this Form 10-K report beginning on page 1. Information required by the Securities Exchange Act Industry Guide No. 2 can be found in the Supplemental Oil and Gas Information
section of this Annual Report on Form 10-K on pages F-32 to F-40 and in Note D—Property, Plant and Equipment on page F-12.

 


10







Table of Contents


The costs and funding requirements
related to the Company’s retirement plans are affected by several factors.

A number of actuarial assumptions impact funding requirements for the
Company’s retirement plans. The most significant of these assumptions include return on assets, long-term interest rates and mortality. If the actual results for the plans vary significantly from the actuarial assumptions used, or if laws
regulating such retirement plans are changed, Murphy could be required to make significant funding payments to one or more of its retirement plans in the future and/or it could be required to record a larger liability for future obligations in its
Consolidated Balance Sheet.

 





Item 1B.UNRESOLVED STAFF COMMENTS

The Company had no unresolved comments
from the staff of the U.S. Securities and Exchange Commission as of December 31, 2008.

 





Item 2.PROPERTIES

Descriptions of the Company’s oil and natural gas
and refining and marketing properties are included in Item 1 of this Form 10-K report beginning on page 1. Information required by the Securities Exchange Act Industry Guide No. 2 can be found in the Supplemental Oil and Gas Information
section of this Annual Report on Form 10-K on pages F-32 to F-40 and in Note D—Property, Plant and Equipment on page F-12.

 


10







Table of Contents


The costs and funding requirements
related to the Company’s retirement plans are affected by several factors.

A number of actuarial assumptions impact funding requirements for the
Company’s retirement plans. The most significant of these assumptions include return on assets, long-term interest rates and mortality. If the actual results for the plans vary significantly from the actuarial assumptions used, or if laws
regulating such retirement plans are changed, Murphy could be required to make significant funding payments to one or more of its retirement plans in the future and/or it could be required to record a larger liability for future obligations in its
Consolidated Balance Sheet.

 





Item 1B.UNRESOLVED STAFF COMMENTS

The Company had no unresolved comments
from the staff of the U.S. Securities and Exchange Commission as of December 31, 2008.

 





Item 2.PROPERTIES

Descriptions of the Company’s oil and natural gas
and refining and marketing properties are included in Item 1 of this Form 10-K report beginning on page 1. Information required by the Securities Exchange Act Industry Guide No. 2 can be found in the Supplemental Oil and Gas Information
section of this Annual Report on Form 10-K on pages F-32 to F-40 and in Note D—Property, Plant and Equipment on page F-12.

 


10







Table of Contents


EXCERPTS ON THIS PAGE:

10-K (4 sections)
Feb 27, 2009
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