Company Snapshot: GSF  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


GlobalSantaFe Files $1 Billion Universal Shelf Registration Statement

   GlobalSantaFe logo. (PRNewsFoto)

HOUSTON, TX USA
    HOUSTON, Aug. 4 /PRNewswire-FirstCall/ -- Worldwide oil and gas drilling
contractor GlobalSantaFe Corporation (NYSE: GSF) today announced that it has
filed a universal shelf registration statement with the Securities and
Exchange Commission (SEC) to register offers and sales of up to $1 billion of
its equity and debt securities.  Upon effectiveness of the registration
statement, the company may periodically offer one or more of these securities.
At the time any of the securities covered by the registration statement are
offered for sale, a prospectus supplement will be prepared and filed
containing specific information about the terms of any such offering.
    A registration statement relating to these securities has been filed with
the SEC but has not yet become effective.  These securities may not be sold,
nor may offers to buy be accepted prior to the time the registration statement
becomes effective.  This press release shall not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of these
securities in any state or country in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such state or country.  We are not making and no other person is
authorized by us to make, any invitation to the public in the Cayman Islands
to subscribe to these securities.

    About GlobalSantaFe
    GlobalSantaFe is a leading worldwide offshore oil and gas drilling
contractor offering a full range of equipment and drilling management
services.  The company's diverse and technologically advanced fleet of 59
offshore rigs includes premium and heavy-duty, harsh-environment jackups,
semisubmersibles, and dynamically positioned ultra-deepwater drillships.  The
company also operates two semisubmersibles owned by others.  GlobalSantaFe is
the world's leading provider of turnkey drilling and drilling management
services.  More information can be found at http://www.globalsantafe.com .

     Contact Information
     Investors:                         Media
     Richard Hoffman                    Julie Tushingham
     Tel: 281-925-6441                  Tel:  281-925-6443
                                        Cell: 713-417-4763


SOURCE GlobalSantaFe Corporation




Back to Topback to top

Related links:
  • http://www.GlobalSantaFe.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20011218/DATU049LOGO-b
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    investors, Richard Hoffman, +1-281-925-6441,
    or media, Julie Tushingham, +1-281-925-6443, or cell,
    +1-713-417-4763, both of GlobalSantaFe Corporation