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 21, 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
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 9. Regulation FD Disclosure
On July 21, 2003 registrant issued a press release entitled
"Halliburton Reaches Agreement to Request Stay Extension."
The text of the press release is as follows:
HALLIBURTON REACHES AGREEMENT TO REQUEST STAY EXTENSION
HOUSTON, Texas - Halliburton (NYSE: HAL) today announced that an agreement was
reached among DII Industries, Harbison-Walker Refractories Company and the
Official Committee of Asbestos Creditors that will be presented for the
Harbison-Walker bankruptcy court's approval at a Status Conference to be held
July 22, 2003 at 1:00 p.m. Oral arguments will not be held as previously
scheduled for July 21, 2003.
The agreement provides for the extension, subject to bankruptcy court approval,
of the court's temporary restraining order until September 30, 2003. The
temporary restraining order will expire if a pre-packaged Chapter 11 filing by
Halliburton's subsidiaries DII Industries, Kellogg Brown & Root and certain of
their subsidiaries is not made on or prior to September 30, 2003. The parties to
the agreement, however, retain the right to request the bankruptcy court to
extend the stay beyond September 30, 2003. The court's temporary restraining
order, which was originally entered on February 14, 2002, stays more than
200,000 pending asbestos claims against DII Industries.
Other terms of the agreement, which are not subject to bankruptcy court
approval, require DII Industries to fund the remaining $30 million under the
existing debtor-in-possession financing to Harbison-Walker by July 31, 2003 and
DII Industries to purchase an approximately $50 million insurance receivable
from Harbison-Walker. The agreement requires DII Industries to purchase the
insurance receivable on the earliest of the effective date of a Harbison-Walker
plan of reorganization, the effective date of a DII Industries plan of
reorganization, or December 31, 2003.
In December 2002, Halliburton announced that it had reached an agreement in
principle that, if and when consummated, would result in a settlement of
asbestos and silica personal injury claims against DII Industries, Kellogg Brown
& Root and their current and former subsidiaries with U.S. operations.
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.
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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 21, 2003 By: /s/ Bruce A. Metzinger
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Bruce A. Metzinger
Assistant Secretary