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)
MARCH 14, 2003
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. 75-2677995
4100 Clinton Drive
Houston, Texas 77020-6299
(Address of principal executive offices)
Registrant's telephone number,
including area code - 713-676-3011
INFORMATION TO BE INCLUDED IN REPORT
Item 9. Regulation FD Disclosure
On March 14, 2003 registrant issued a press release entitled
"Halliburton Files Affidavit On Global Asbestos Settlement."
The text of the press release is as follows:
HALLIBURTON FILES AFFIDAVIT ON GLOBAL ASBESTOS SETTLEMENT
Company says it believes it meets the court-imposed deadline
Houston, Texas - Halliburton (NYSE: HAL) today announced the filing of an
affidavit with the court in the Harbison-Walker bankruptcy case that it believes
is consistent with the court order of February 18, 2003.
The court order had extended its previously issued temporary restraining order,
staying the more than 200,000 pending asbestos claims against Halliburton's
subsidiary, DII Industries, LLC (DII), until March 21, 2003. The court order
also stated that oral arguments would be held on March 21, 2003 on a motion to
lift the stay, unless DII filed an affidavit by March 14, 2003 stating that
executed agreements had been signed by an estimated 75% of DII's asbestos
plaintiffs.
The affidavit filed today by DII stated that DII and KBR have definitive written
agreements, or written "highly confident" representations that such definitive
agreements are forthcoming, from attorneys representing an estimated 75% of
claimants. These estimates are based on certain assumptions and exclude the
impact of certain claims in the Harbison-Walker bankruptcy, for which the
Company indicated it had certain defenses or did not have reliable information.
Halliburton, founded in 1919, is one of the world's largest providers of
products and services to the petroleum and energy industries. The company serves
its customers with a broad range of products and services through its Energy
Services Group and Engineering and Construction Group business segments. The
company's World Wide Web site can be accessed at www.halliburton.com.
# # #
The statements in this press release that are not historical statements are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties beyond the
company's control, which could cause actual events to differ materially from
those expressed or implied by the statements. These risks and uncertainties
include, but are not limited to: legal risks, including the possibility of
adverse rulings by courts of law or the institution of litigation or other legal
proceedings challenging the company's actions or proposed actions; changes in
laws or government regulations affecting the company's actions or proposed
actions; adverse political or public reaction as a result of scrutiny involving
the company; and liquidity risks, including the company's ability to access
credit and raise capital and the availability and costs of financing to the
company. Please see Halliburton's Form 10-K for the year ended December 31, 2001
and Form 10-Q for the quarter ended September 30, 2002 for a more complete
discussion of risk factors.
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: March 14, 2003 By: /s/ Margaret E. Carriere
---------------------------
Margaret E. Carriere
Vice President and Secretary