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)
February 11, 2004
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
1401 McKinney, Suite 2400
Houston, Texas 77010
(Address of principal executive offices)
Registrant's telephone number,
including area code - 713-759-2600
INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
On February 11, 2004 registrant issued a press release entitled
"Insurers Denied Standing."
The text of the press release is as follows:
INSURERS DENIED STANDING
HOUSTON, Texas - Halliburton (NYSE: HAL) announced today that the Honorable
Judith K. Fitzgerald issued a ruling this morning holding that insurers lack
standing to bring motions seeking to dismiss the prepackaged reorganization
cases filed by DII Industries, Kellogg Brown & Root ("KBR") and various other
subsidiaries of Halliburton. The court also denied standing to insurers to
object to appointment of Professor Eric Green as legal representative of future
claimants.
The bankruptcy court has scheduled hearings for May 10-12 to consider
confirmation of the prepackaged plan of reorganization being proposed for DII
Industries, KBR and other affected subsidiaries. At the same hearing, the court
also will be asked to approve the disclosure statement and procedures used in
connection with solicitation of votes on the proposed plan.
DII Industries, KBR and other affected subsidiaries filed chapter 11 proceedings
on December 16, 2003 in bankruptcy court in Pittsburgh, Pennsylvania after
receiving validly cast votes in favor of the plan from over 98% of those
asbestos claimants and 99% of those silica claimants who voted on the plan.
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 and Engineering and Construction Groups. The company's World Wide Web
site can be accessed at www.halliburton.com.
NOTE: The statements in this press release that are not historical statements,
including statements regarding future financial performance, are forward-looking
statements within the meaning of the federal securities laws. These statements
are subject to numerous risks and uncertainties, many of which are beyond the
company's control, which could cause actual results to differ materially from
the results expressed or implied by the statements. These risks and
uncertainties include, but are not limited to: legal risks, including the risks
of being unable to complete the proposed settlement of asbestos and silica
liabilities, the risks of having material subsidiaries in Chapter 11
proceedings, the risks of audits and investigations of the company by domestic
and foreign government agencies and legislative bodies, the risks of judgments
against the company's subsidiaries and predecessors in asbestos litigation
pending and currently on appeal, the inability of insurers for asbestos
exposures to pay claims or a delay in the payment of such claims, future
asbestos claims defense and settlement costs, the risks of judgments against the
company and its subsidiaries in other litigation and proceedings, including
shareholder lawsuits, securities laws inquiries, contract disputes, patent
infringements and environmental matters, legislation, changes in government
regulations and adverse reaction to scrutiny involving the company; political
risks, including the risks of unsettled political conditions, war and the
effects of terrorism, foreign operations and foreign exchange rates and
controls; liquidity risks, including the risks of potential reductions in debt
ratings, access to credit, availability and costs of financing and ability to
raise capital; weather-related risks; customer risks, including the risks of
changes in capital spending and claims negotiations; industry risks, including
the risks of changes that affect the demand for or price of oil and/or gas,
structural changes in the industries in which the company operates, risks of
fixed-fee projects and risks of complex business arrangements; systems risks,
including the risks of successful development and installation of financial
systems; and personnel and merger/reorganization/disposition risks, including
the risks of increased competition for employees, successful integration of
acquired businesses, effective restructuring efforts and successful completion
of planned dispositions. Please see Halliburton's Form 10-K for the year ended
December 31, 2002, as amended by Form 10-K/A filed on January 15, 2004, Form
10-Q for the quarter ended September 30, 2003 and Forms 8-K filed on October 28,
2003 and January 23, 2004 for a more complete discussion of such 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: February 11, 2004 By: /s/ Margaret E. Carriere
-------------------------------
Margaret E. Carriere
Vice President and Secretary