SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (date of earliest event reported)
JULY 26, 1994
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 73-0271280
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
(Address of principal executive offices)
Registrant's telephone number,
including area code - 214/978-2600
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INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
The registrant may, at its option, report under
this item any events, with respect to which
information is not otherwise called for by this form,
that the registrant deems of importance to security
holders.
On July 26, 1994, the registrant issued a press
release entitled Halliburton Compression Unit to be
Sold pertaining, among other things, to an
announcement that the registrant has engaged Dillon,
Read & Co. Inc. to assist in the sale of the
company's natural gas compression business.
The foregoing summary is subject to the full
text of the press release with respect thereto, a
copy of which is attached hereto as Exhibit 20, which
exhibit is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
List below the financial statements, pro forma
financial information and exhibits, if any, filed as
part of this report.
(c) Exhibits.
Exhibit 20 - Press release dated July 26,
1994.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: July 27, 1994 By: (Robert M. Kennedy)
Robert M. Kennedy
Vice President - Legal
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of
July 26, 1994 5 of 6
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact - Guy T. Marcus
July 26, 1994 V.P.-Inv. Rel.
(214) 978-2691
HALLIBURTON COMPRESSION UNIT TO BE SOLD
DALLAS, Texas -- Halliburton Company today announced that
Dillon, Read & Co. Inc. has been engaged to assist Halliburton in
the sale of the company's natural gas compression business.
Halliburton's compression business, part of the Halliburton
Energy Services business segment, provides rental equipment and
associated services for the compression of natural gas. It is
one of the largest independent providers of such services in
North America and in 1993 the business had revenues of about $44
million.
6
Thomas H. Cruikshank, chairman of the board and chief
executive officer of Halliburton Company, said, "As part of our
ongoing strategic planning program, it has been determined that
the natural gas compression business is peripheral to Halliburton
Energy Services' core business activities and future strategic
direction. The planned sale is consistent with our recently
announced plans to dispose of another business unit, Halliburton
Industrial Services, with the objective of gaining greater focus
on the company's core business activities. We anticipate
completion of the sale of the compression business by year-end
1994 and we expect to realize a significant gain on the sale."
Halliburton Company is one of the world's largest
diversified energy services, engineering, maintenance, and
construction companies. Founded in 1919, Halliburton provides a
broad range of energy services and products, industrial and
marine engineering and construction services, and property and
casualty insurance services.
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