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): October 29, 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
ITEM 9. REGULATION FD DISCLOSURE.
Drilling rig status and contract information, including contract dayrate
and duration, as of October 29, 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.
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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 thereunto duly authorized.
TRANSOCEAN SEDCO FOREX INC.
Date: October 29, 2001 By: /s/ Robert L. Long
--------------------------
Name: Robert L. Long
Title: Executive Vice President and
Chief Financial Officer
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