HOUSTON--(BUSINESS WIRE)--Sep. 19, 2013--
Halliburton (NYSE: HAL) announced today that the United States
Department of Justice (DOJ) has closed its investigation of the
company's role related to the Macondo well incident.
The federal judge in New Orleans, Louisiana, accepted the single
misdemeanor guilty plea for the unauthorized deletion of a computer
record that was created after the Macondo well incident. A fine of
$200,000 and three years' probation was imposed by the court. The matter
was resolved pursuant to a previously announced cooperation plea
agreement between a Halliburton subsidiary and the DOJ.
In connection with the resolution, the DOJ’s investigating Task Force
characterized the company’s cooperation in the case as “exceptional,” as
well as “forthright, extensive and ongoing since the outset of the
investigation.”
Halliburton believes that this closure holds significant positive
impacts for the company, its employees and shareholders. The Company
remains dedicated to operating with safety and integrity, delivering
innovative and best-in-class services and solutions to its customers.
ABOUT HALLIBURTON
Founded in 1919, Halliburton is one of the world’s largest providers of
products and services to the energy industry. With more than 75,000
employees, representing more than 140 nationalities in approximately 80
countries, the company serves the upstream oil and gas industry
throughout the lifecycle of the reservoir – from locating hydrocarbons
and managing geological data, to drilling and formation evaluation, well
construction and completion, and optimizing production through the life
of the field. Visit the company’s website at www.halliburton.com.
Source: Halliburton
Halliburton
For Investors:
Kelly Youngblood,
281-871-2688
Investor Relations
Investors@Halliburton.com
or
For
Media:
Beverly Blohm Stafford, 281-871-2601
Halliburton,
Corporate Affairs
PR@Halliburton.com
