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)
December 11, 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 December 11, 2003 registrant issued a press release entitled
"Halliburton Defends Work for Troops and the Iraqi People."
The text of the press release is as follows:
Halliburton defends work for troops and the Iraqi people
HOUSTON, Texas - "We expect and want continuing reviews and audits that
detail our work in Iraq. We welcome a thorough review of any and all of our
government contracts," said Dave Lesar, chairman, president and chief
executive officer, Halliburton. "Any contract that is this large and grows
this fast is, of course, going to be subject to question. We will work with
all government agencies to establish that our contracts are not only good for
the United States, but also the company is the best and most qualified
contractor to perform these difficult and dangerous tasks."
There were two specific issues addressed in the DCAA briefing.
Regarding fuel charges:
The Army Corps of Engineers directed Halliburton to buy and deliver fuel from
Kuwait. The company sought and received bids from four suppliers. Only one
met the Corps' specifications and that is the one we, and the Corps, chose.
Halliburton has repeatedly tried to transfer the fuel delivery mission to a
local supplier because it is dangerous for our people. So far, no one,
including the Corps or the CPA, has been able to find a replacement for
Halliburton. Halliburton only makes a few cents on the dollar when fuel is
delivered from Kuwait to Iraq.
As the fuel overcharging allegations have surfaced in recent months, the Army
Corps of Engineers, which oversees the Halliburton contract, said Wednesday
ongoing audits have shown no signs of overcharging or any other impropriety.
Regarding cafeteria services Halliburton delivers to the soldiers:
The unidentified Pentagon source appears to be talking about a proposal not
an invoice regarding the construction of cafeteria facilities. This is not an
invoice that Halliburton has sent to the Defense Department. It is certainly
unusual, unprecedented and disturbing that "sources" are publicly criticizing
proposals that have not been approved and money that has not been spent.
We are proud to serve our troops, providing things like food, phones and the
comforts of home. And, we are resolved to assist the people of Iraq by
providing essentials like fuel for homes and transportation.
It is important to understand that the questions in themselves are a normal
part of the audit process and not a condemnation of KBR processes. It is also
important to understand the difference between fact and allegations. It is
not fact that KBR has overcharged. KBR has acted in full accordance with its
fiduciary and contractual responsibilities under the contract.
For more than 60 years, during both Democrat and Republican administrations,
Halliburton has a record of service to the defense of the United States. We
built war ships for the Navy in World War II, and we recently supported
troops in Somalia, Rwanda and Haiti. In the first Gulf War, we helped bring
half the oil wells under control in Kuwait. Halliburton employees are
prepared to meet the challenge regardless of the difficulties and risks
involved.
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.
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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: December 12, 2003 By: /s/ Margaret E. Carriere
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Margaret E. Carriere
Vice President and Secretary