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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): June 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
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ITEM 9. REGULATION FD DISCLOSURE.
Drilling rig status and contract information as of June 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"
segment of the site. 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 and contract dayrate amounts.
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 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 March 31, 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: June 29, 2001 By: /s/ Eric B. Brown
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Eric B. Brown
Senior Vice President, General
Counsel and Corporate Secretary
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