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): April 27, 2004
TRANSOCEAN INC.
(Exact name of registrant as specified in its charter)
CAYMAN ISLANDS 333-75899 66-0587307
(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.
Transocean Inc. (the "Company") issues a monthly report entitled
"Monthly Fleet Update," which includes drilling rig status and contract
information, including contract dayrate and duration. This month's report is
dated as of April 27, 2004 and is included as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated herein by reference. You may also
subscribe to the free Transocean Financial Report Alert which will alert you to
new Monthly Fleet Updates. This service will send you an automated email which
will provide a link directly to the web page containing the updated report. You
may subscribe to this service at the "Investor Relations / Email Alerts" section
of the site by selecting "Transocean Financial Report Alert" and providing your
email address. The Company's website may be found at www.deepwater.com.
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, competition and market
conditions in the contract drilling industry, actions and approvals of third
parties, 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, 2003 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.
The information in Item 9 of this report, including Exhibit 99.1, is
being furnished, not filed. Accordingly, the information in Item 9 of this
report will not be incorporated by reference into any registration statement
filed by the Company under the Securities Act of 1933, as amended, unless
specifically identified therein as being incorporated therein by reference. The
furnishing of the information in this report is not intended to, and does not,
constitute a determination or admission by the Company that the information in
this report is material or complete, or that investors should consider this
information before making an investment decision with respect to any security of
the Company.
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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 INC.
Date: April 27, 2004 By: /s/ William E. Turcotte
-----------------------------
Name: William E. Turcotte
Title: Associate General Counsel and
Assistant Secretary
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INDEX TO EXHIBITS
Exhibit Number Description
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99.1 Transocean Inc. Monthly Fleet Update