AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON OCTOBER 9, 1997
Registration No. 333-
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
_________________
HALLIBURTON COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 75-2677995
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3600 LINCOLN PLAZA
500 NORTH AKARD STREET
DALLAS, TEXAS 75201-3391
(Address of principal executive offices, including zip code)
____________________
NUMAR CORPORATION 1994 STOCK INCENTIVE PLAN
NUMAR CORPORATION 1995 EMPLOYEE STOCK PURCHASE PLAN
NUMAR CORPORATION KEY EMPLOYEE STOCK OPTION AGREEMENTS
WITH THE FOLLOWING PERSONS (DATE OF AGREEMENT INDICATED PARENTHETICALLY):
LARRY LEVIEN (JANUARY 22, 1991), BEN LUBOJASKY (JANUARY 22, 1991), DUNCAN MARDON
(DECEMBER 30, 1993), JAMES L. MOORE (SEPTEMBER 4, 1990), JAMES L. MOORE
(DECEMBER 30, 1993), MELVIN N. MILLER (APRIL 28, 1989), MELVIN N. MILLER
(SEPTEMBER 19, 1990),MELVIN N. MILLER (JUNE 14, 1991), MELVIN N. MILLER (JULY
29, 1991), MELVIN N. MILLER (SEPTEMBER 20, 1991), MELVIN N. MILLER (NOVEMBER 15,
1991) MELVIN N. MILLER (FEBRUARY 28, 1992), MELVIN N. MILLER (APRIL 28, 1993),
MELVIN N. MILLER (DECEMBER 30, 1993), PAUL OLESKI (JANUARY 1, 1994), MANFRED G.
PRAMMER (JUNE 1, 1991), MANFRED PRAMMER (DECEMBER 4, 1991), MANFRED G. PRAMMER
(JULY 15, 1992), MANFRED G. PRAMMER (APRIL 28, 1993), MANFRED G. PRAMMER
(DECEMBER 30, 1993), RALPH F. SPINNLER (JANUARY 20, 1994), ALLEN VENDITTI
(DECEMBER 31, 1990), ALLEN L. VENDITTI (APRIL 28, 1993), ALLEN L. VENDITTI
(DECEMBER 30, 1993), ALFRED WINTERS (JANUARY 1, 1994), RICHARD CHANDLER (JANUARY
22, 1991), RICHARD CHANDLER (JULY 31, 1991), RICHARD CHANDLER (FEBRUARY 21,
1992), RICHARD CHANDLER (APRIL 28, 1993), RICHARD CHANDLER (DECEMBER 30, 1993),
GEORGE R. COATES (AUGUST 15, 1990), GEORGE R. COATES (AUGUST 2, 1991), GEORGE R.
COATES (MARCH 1, 1992), GEORGE R. COATES (APRIL 28, 1993), GEORGE R. COATES
(DECEMBER 30, 1993), DANIEL COOPE (JULY 21,1993), EDWARD P. DELSON (APRIL 2,
1992), EDWARD P. DELSON (APRIL 28, 1993), EDWARD P. DELSON (DECEMBER 30, 1993),
EARLE D. DRACK (JULY 26, 1991), EARLE D. DRACK (JULY 15, 1992), EARLE DRACK
(APRIL 28, 1993), EARLE D. DRACK (DECEMBER 30, 1993), DONALD EAST (JULY 21,
1993), JOHN S. GARDNER (MARCH 2, 1993), FREDERICK HANSEN (JANUARY 22, 1991),
FREDERICK M. HANSEN (APRIL 28, 1993), FREDERICK M. HANSEN (DECEMBER 30, 1993),
EDWARD HARRIS (JANUARY 1, 1994), ALLEN D. HOWARD (APRIL 1, 1992), ALLEN HOWARD
(APRIL 28, 1993), ALLEN HOWARD (DECEMBER 30, 1993), MOTI HUBER (DECEMBER 30,
1993), ANDREW LAKITSKY (JANUARY 1, 1994), RUTH E. LARSEN (APRIL 28, 1993),
RUTH E. LARSEN (DECEMBER 30, 1993), ALFRED C. BACKER (AUGUST 1, 1991), RONALD
BALLIET (SEPTEMBER 16, 1991), KEITH A. DELSON (DECEMBER 31, 1993), DANIEL L.
MILLER (SEPTEMBER 14, 1992) AND JOSEPH R. MILLER (DECEMBER 30, 1993).
(Full title of the plans)
____________________
Copy to:
LESTER L. COLEMAN
EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL WILLIAM E. JOOR III
HALLIBURTON COMPANY VINSON & ELKINS L.L.P.
3600 LINCOLN PLAZA 1001 FANNIN STREET
500 NORTH AKARD STREET 2300 FIRST CITY TOWER
DALLAS, TEXAS 75201-3391 HOUSTON, TEXAS 77002-6760
(Name and address of agent for service)
(214) 978-2600
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
===============================================================================================================
Title of securities Amount to be Proposed maximum Proposed maximum Amount of
to be registered registered offering price per share(1) aggregate offering price(2) registration fee
- ---------------------------------------------------------------------------------------------------------------
Common Stock,
$2.50 par value(3) 866,741 shares $12.28 $10,643,579 $3,226
===============================================================================================================
(1) Weighted average exercise price of the options granted pursuant to the plans listed above.
(2) Estimated, solely for purposes of calculating the registration fee, in accordance with Rule 457(h) based
upon the weighted average exercise price of the options granted pursuant to the plans listed above.
(3) This Registration Statement also pertains to rights to purchase shares of Series A Junior Participating
Preferred Stock of the Registrant. One right is attached to and trades with each share of Common Stock.
Until the occurrence of certain events, the rights are not exercisable and will not be evidenced or
transferred apart from the Common Stock. Any value attributable to such rights is reflected in the market
price of the Common Stock.
===============================================================================================================
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents, which have been filed with the Securities and
Exchange Commission (the "Commission") pursuant to the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), by Halliburton Company (Exchange Act
Registration No. 1-3492), a Delaware corporation (the "Registrant"), are
incorporated herein by reference and made a part hereof:
(a) Annual Report on Form 10-K for the fiscal year ended December 31, 1996;
(b) Quarterly Reports on Form 10-Q for the quarters ended March 31, 1997
and June 30, 1997;
(c) Current Reports on Form 8-K filed with the Commission on January 14,
1997; January 23, 1997; January 31, 1997; February 10, 1997; February
12, 1997; February 14, 1997; February 21, 1997; March 4, 1997; March
18, 1997; March 31, 1997; April 24, 1997; May 8, 1997; May 9, 1997; May
21, 1997; May 23, 1997; May 30, 1997; May 30, 1997; June 3, 1997; June
11, 1997; June 13, 1997; July 7, 1997; July 7, 1997; July 7, 1997; July
17, 1997; July 18, 1997; July 22, 1997; July 23, 1997; July 25, 1997;
July 29, 1997; August 4, 1997; August 4, 1997; August 7, 1997; August
13, 1997; August 26, 1997; August 29, 1997; September 4, 1997; and
October 2 1997; and
(d) Registration Statement on Form 8-B dated December 12, 1996.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act subsequent to the effective date of this
Registration Statement, prior to the filing of a post-effective amendment to
this Registration Statement indicating that all securities offered hereby have
been sold or deregistering all securities then remaining unsold, shall be deemed
to be incorporated by reference herein and to be a part hereof from the date of
filing of such documents. Any statement contained herein or in any document
incorporated or deemed to be incorporated by reference herein shall be deemed to
be modified or superseded for purposes of this Registration Statement to the
extent that a statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated by reference herein
modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed to constitute a part of this Registration
Statement, except as so modified or superseded.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
None.
The consolidated financial statements included in the Registrant's Annual
Reports on Form 10-K incorporated herein by reference have been audited by
Arthur Andersen LLP, independent public accountants, as indicated in their
reports with respect thereto, and are included herein in reliance upon the
authority of said firm as experts in accounting and auditing in giving said
reports.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Under Section 145 of the General Corporation Law of the State of Delaware (the
"DGCL"), a Delaware corporation has the power, under specified circumstances, to
indemnify its directors, officers, employees and agents in connection with
threatened, pending or completed actions, suits or proceedings, whether civil,
criminal, administrative or investigative (other than an action by or in right
of the corporation), brought against them by reason of the fact that they were
or are such directors, officers, employees or agents, against expenses,
judgments, fines and amounts paid in settlement actually and reasonably incurred
in any such action, suit or proceeding. Article X of the Registrant's Restated
Certificate of Incorporation together with Section 39 of its By-Laws provide for
indemnification of each person who is or was made a party to any actual or
threatened civil, criminal, administrative or investigative action, suit or
proceeding because such person is or was an officer or director of the
Registrant or is a person who is or was serving at the request of the Registrant
as a director, officer, employee or agent of another corporation or of a
partnership, joint venture trust or other enterprise, including service relating
to employee benefit plans, to the fullest extent permitted by the DGCL as it
existed at the time the indemnification provisions
-2-
of the Registrant's Restated Certificate of Incorporation and By-Laws were
adopted or as may be thereafter amended. Section 39 of the Registrant's By-Laws
and Article X of its Restated Certificate of Incorporation expressly provide
that they are not the exclusive methods of indemnification.
Section 39 of the By-Laws provides that the Registrant may maintain insurance,
at its own expense, to protect itself and any director, officer, employee or
agent of the Registrant or of any other entity against any expense, liability or
loss, regardless of whether the Registrant would have the power to indemnify
such person against such expense, liability or loss under the DGCL.
Section 102(b)(7) of the DGCL provides that a certificate of incorporation may
contain a provision eliminating or limiting the personal liability of a director
to the corporation or its stockholders for monetary damages for breach of
fiduciary duty as a director, provided that such provision shall not eliminate
or limit the liability of a director (i) for any breach of the director's duty
of loyalty to the corporation or its stockholders, (ii) for acts or omissions
not in good faith or which involve intentional misconduct or a knowing violation
of law, (iii) under Section 174 of the DGCL (relating to liability for
unauthorized acquisitions or redemptions of, or dividends on, capital stock) or
(iv) for any transaction from which the director derived an improper personal
benefit. Article XV of the Registrant's Restated Certificate of Incorporation
contains such a provision.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
ITEM 8. EXHIBITS.
Unless otherwise indicated below as being incorporated by reference to another
filing of the Registrant with the Commission, each of the following exhibits is
filed herewith:
4.1 - Restated Certificate of Incorporation of the Registrant
(incorporated by reference to Exhibit 3.1 to the Registrant's
Registration Statement on Form S-3 (Registration No. 333-32731)
filed with the Commission on August 1, 1997).
4.2 - By-Laws of the Registrant, as amended (incorporated by reference to
Exhibit 3.2 to the Registrant's Registration Statement on Form S-3
(Registration No. 333-32731) filed with the Commission on August 1,
1997).
4.3 - Restated Rights Agreement dated as of December 1, 1996 between the
Registrant and ChaseMellon Shareholder Services, L.L.C.
(incorporated by reference to Exhibit 4.4 to the Registrant's
Registration Statement on Form 8-B dated December 12, 1996 (File
No. 1-03492)).
5.1 - Opinion of Vinson & Elkins L.L.P. regarding legality.
23.1 - Consent of Arthur Andersen L.L.P.
23.2 - Consent of Vinson & Elkins L.L.P. (included in Exhibit 5.1).
24.1 - Powers of Attorney.
UNDERTAKINGS
The Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
(a) To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933, as amended (the "Securities Act");
-3-
(b) To reflect in the prospectus any facts or events arising after the
effective date of this Registration Statement (or the most recent post-
effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in this
Registration Statement;
(c) To include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement or any
material change to such information in this Registration Statement;
provided, however, that paragraphs (1)(a) and (1)(b) do not apply if the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed by the Registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by
reference in this Registration Statement.
(2) That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.
(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of the
offering.
(4) That, for the purposes of determining any liability under the
Securities Act, each filing of the Registrant's annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each
filing of an employee benefit plan's annual report pursuant to Section 15(d) of
the Exchange Act) that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(5) Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that in the opinion of the Commission such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the Registrant of expenses incurred or
paid by a director, officer or controlling person of the Registrant in the
successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.
-4-
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Dallas, State of Texas, on the 7th day of October,
1997.
HALLIBURTON COMPANY
By: /s/Richard B. Cheney
-------------------------------------
Richard B. Cheney
Chairman of the Board
and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities indicated on the 7th day of October, 1997.
Signature Title
--------- -----
/s/ Richard B. Cheney Chairman of the Board, Chief Executive Officer and
- ------------------------------------- Director
Richard B. Cheney
/s/ Gary V. Morris Executive Vice President and Chief Financial Officer
- -------------------------------------
Gary V. Morris
/s/ Robert Charles Muchmore, Jr. Vice President, Controller and Principal Accounting Officer
- -------------------------------------
Robert Charles Muchmore, Jr.
Anne L. Armstrong* Director
- -------------------------------------
Anne L. Armstrong
Lord Clitheroe* Director
- -------------------------------------
Lord Clitheroe
Robert L. Crandall* Director
- -------------------------------------
Robert L. Crandall
W.R. Howell* Director
- -------------------------------------
W.R. Howell
Dale P. Jones* Vice Chairman and Director
- -------------------------------------
Dale P. Jones
Delano E. Lewis* Director
- -------------------------------------
Delano E. Lewis
C.J. Silas* Director
- -------------------------------------
C.J. Silas
Roger T. Staubach* Director
- -------------------------------------
Roger T. Staubach
Richard J. Stegemeier* Director
- -------------------------------------
Richard J. Stegemeier
*By:/s/ Richard B. Cheney Director
- -------------------------------------
Richard B. Cheney
Attorney-in-Fact
-5-
EXHIBIT INDEX
Sequentially
Exhibit Numbered
Number Description Page
- --------- ----------- ------------
4.1 Restated Certificate of Incorporation of the Registrant (incorporated by
reference to Exhibit 3.1 to the Registrant's Registration Statement on Form S-3
(Registration No. 333-32731) filed with the Commission on August 1, 1997).
4.2 By-Laws of the Registrant, as amended (incorporated by reference to Exhibit
3.2 to the Registrant's Registration Statement on Form S-3 (Registration No.
333-32731) filed with the Commission on August 1, 1997).
4.3 Restated Rights Agreement dated as of December 1, 1996 between the
Registrant and ChaseMellon Shareholder Services, L.L.C. (incorporated by
reference to Exhibit 4.4 to the Registrant's Registration Statement on Form 8-B
dated December 12, 1996 (File No. 1-03492)).
5.1 Opinion of Vinson & Elkins L.L.P. regarding legality.
23.1 Consent of Arthur Andersen L.L.P.
23.2 Consent of Vinson & Elkins L.L.P. (included in Exhibit 5.1).
24.1 Powers of Attorney.
-6-
EXHIBIT 5.1
VINSON & ELKINS L.L.P. LETTERHEAD
October 7, 1997
Halliburton Company
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
Ladies and Gentlemen:
We acted as counsel for Halliburton Company, a Delaware corporation (the
"Company"), in connection with the Company's Registration Statement on Form S-8
(the "Registration Statement") relating to the offering and sale of up to
866,741 shares (the "Shares") of common stock, par value $2.50 per share, of
the Company pursuant to the plans set forth on the cover of the Registration
Statement (collectively, the "Plans").
Before rendering our opinion, we examined the Registration Statement, the
Restated Certificate of Incorporation and the By-Laws, as amended, of the
Company and certain resolutions of the Board of Directors of the Company.
Based upon the foregoing, we are of the opinion that the Shares to be
issued upon the exercise of stock options granted pursuant to the Plans have
been validly authorized for issuance and when the Registration Statement has
become effective under the Securities Act of 1933, as amended (the "Act"), and
the Shares are issued and paid for in accordance with the terms of the
appropriate Plan and any underlying stock option agreement, the Shares so issued
will be validly issued, fully paid and nonassessable.
We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement. By giving such consent, we do not admit that we are
within the category of persons whose consent is required under Section 7 of the
Act or the rules and regulations of the Securities and Exchange Commission
issued thereunder. For purposes of this opinion, we assume that the securities
to be issued pursuant to the Registration Statement will be issued in compliance
with all applicable state securities or Blue Sky laws.
Very truly yours,
/s/ VINSON & ELKINS L.L.P.
EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the
incorporation by reference in this S-8 registration statement of our report
dated January 22, 1997 included in Halliburton Company's Form 10-K for the year
ended December 31, 1996 and to all references to our Firm included in this
registration statement.
/s/ ARTHUR ANDERSEN LLP
Dallas, Texas
October 7, 1997
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ Anne L. Armstrong
---------------------
Anne L. Armstrong
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint David J. Lesar, Lester L.
Coleman, Gary V. Morris and Susan S. Keith, or any of them acting alone, my true
and lawful attorneys or attorney, to do any and all acts and things and execute
any and all instruments which said attorneys or attorney may deem necessary or
advisable to enable Halliburton Company to comply with the Securities Act of
1933, as amended, and any rules, regulations and requirements of the Securities
and Exchange Commission in respect thereof, in connection with the filing of the
Registration Statement on Form S-8, or other appropriate form, under said
Securities Act of 1933, as amended, with respect to shares of the Common Stock
of Halliburton Company, par value $2.50 per share, to be sold and offered for
sale pursuant to the terms of option agreements assumed by Halliburton Company
in connection with the acquisition of NUMAR Corporation, including, but not
limited to, those option agreements entered into pursuant to the NUMAR
Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995 Employee
Stock Purchase Plan, both as amended, including specifically, but without
limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ Richard B. Cheney
---------------------
Richard B. Cheney
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ Clitheroe
-------------
Lord Clitheroe
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 26th day of September, 1997.
/s/ Robert L. Crandall
----------------------
Robert L. Crandall
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 26th day of September, 1997.
/s/ W. R. Howell
----------------
W. R. Howell
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 26th day of September, 1997.
/s/ Dale P. Jones
-----------------
Dale P. Jones
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ Delano E. Lewis
-------------------
Delano E. Lewis
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ C. J. Silas
---------------
C. J. Silas
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 29th day of September, 1997.
/s/ Roger T. Staubach
---------------------
Roger T. Staubach
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a Director of
Halliburton Company, do hereby constitute and appoint Richard B. Cheney, David
J. Lesar, Lester L. Coleman, Gary V. Morris and Susan S. Keith, or any of them
acting alone, my true and lawful attorneys or attorney, to do any and all acts
and things and execute any and all instruments which said attorneys or attorney
may deem necessary or advisable to enable Halliburton Company to comply with the
Securities Act of 1933, as amended, and any rules, regulations and requirements
of the Securities and Exchange Commission in respect thereof, in connection with
the filing of the Registration Statement on Form S-8, or other appropriate form,
under said Securities Act of 1933, as amended, with respect to shares of the
Common Stock of Halliburton Company, par value $2.50 per share, to be sold and
offered for sale pursuant to the terms of option agreements assumed by
Halliburton Company in connection with the acquisition of NUMAR Corporation,
including, but not limited to, those option agreements entered into pursuant to
the NUMAR Corporation 1994 Stock Incentive Plan and the NUMAR Corporation 1995
Employee Stock Purchase Plan, both as amended, including specifically, but
without limitation thereof, power and authority to sign my name as Director of
Halliburton Company to any registration statements and applications and
statements to be filed with the Securities and Exchange Commission in respect of
said shares of Common Stock and all amendments thereto, including without
limitation post-effective amendments thereto, and to any instruments or
documents filed as a part of or in connection therewith; and I hereby ratify and
confirm all that said attorneys or attorney shall do or cause to be done by
virtue hereof.
IN TESTIMONY HEREOF, witness my hand this the 25th day of September, 1997.
/s/ Richard J. Stegemeier
-------------------------
Richard J. Stegemeier
