1
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): September 28, 2001
TRANSOCEAN SEDCO FOREX INC.
(Exact name of registrant as specified in its charter)
CAYMAN ISLANDS 333-75899 N/A
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
4 GREENWAY PLAZA
HOUSTON, TEXAS 77046
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (713) 232-7500
2
ITEM 9. REGULATION FD DISCLOSURE.
Drilling rig status and contract information, including contract
dayrate and duration, as of September 28, 2001 on the drilling fleet of
Transocean Sedco Forex Inc. (the "Company") has been condensed into a
report entitled "Monthly Fleet Update" and will be available through
the company's website at www.deepwater.com. The report will be located
in the "Investor Relations / Financial Reports" section of the site and
is comprised of two segments, "Monthly Fleet Update" and "Monthly Fleet
Update - Domestic Jackups and Barges." The report will also be
available through a free monthly email distribution. To be added to the
email distribution, please contact Jeffrey L. Chastain, Vice President,
Investor Relations and Communications, at jchastain@deepwater.com or at
fax number 713-232-7031.
The statements made in the Monthly Fleet Update that are not historical
facts are forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements made in the Monthly
Fleet Update include, but are not limited to, statements involving the
estimated duration of client contracts, contract dayrate amounts and
future contract commencement dates and locations. Such statements are
subject to numerous risks, uncertainties and assumptions, including but
not limited to, uncertainties relating to the level of activity in
offshore and U.S. inland marine oil and gas exploration and
development, exploration success by producers, oil and gas prices,
demand for offshore and U.S. inland marine rigs, competition and market
conditions in the contract drilling industry, actions and approvals of
third parties, the Company's ability to successfully integrate the
operations of acquired businesses, costs, delays and other difficulties
related to the merger with R&B Falcon Corporation, delays or cost
overruns on construction projects and possible cancellation of drilling
contracts as a result of delays or performance, outcome of ongoing
discussions regarding newbuilds, the Company's ability to enter into
and the terms of future contracts, the availability of qualified
personnel, labor relations and the outcome of negotiations with unions
representing workers, operating hazards, political and other
uncertainties inherent in non-U.S. operations (including the risk of
war and civil disturbance, seizure or damage of equipment and exchange
and currency fluctuations), the impact of governmental laws and
regulations, the adequacy of sources of liquidity, the effect of
litigation and contingencies and other factors described above and
discussed in the Company's Form 10-Q for the quarter ended June 30,
2001 and Form 10-K for the year ended December 31, 2000 and in the
Company's other filings with the SEC, which are available free of
charge on the SEC's website at www.sec.gov. Should one or more of these
risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those
indicated. You should not place undue reliance on forward-looking
statements. Each forward-looking statement speaks only as of the date
of the particular statement, and we undertake no obligation to publicly
update or revise any forward-looking statements.
2
3
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 thereunto duly authorized.
TRANSOCEAN SEDCO FOREX INC.
Date: September 28, 2001 By: /s/ Eric Brown
------------------------------
Name: Eric B. Brown
Title: Senior Vice President, General
Counsel and Corporate Secretary
3