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): March 28, 2002
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.)
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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 March 28, 2002 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, newbuild rig
performance, possible cancellation or suspension of drilling contracts as a
result of mechanical difficulties or performance, 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-K for the year ended December 31, 2001 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.
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: March 28, 2002 By: /s/ Eric B. Brown
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Name: Eric B. Brown
Title: Senior Vice President, General
Counsel and Corporate Secretary