<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 1998
SANTA FE INTERNATIONAL CORPORATION
(Translation of registrant's name into English)
5420 LBJ Freeway, Suite 1100, Dallas, Texas 75240
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
--- ---
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
--- ---
<PAGE> 2
PRESS RELEASE
Enclosed herewith as Exhibit 1 is a copy of the Registrant's Press
Release dated July 10, 1998.
EXHIBITS
1 Press Release dated July 10, 1998.
- 2 -
<PAGE> 3
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.
SANTA FE INTERNATIONAL CORPORATION
(Registrant)
Date: July 10, 1998 By: /s/ CARY A. MOOMJIAN, JR.
--------------------------
Cary A. Moomjian, Jr.
Vice President, Secretary and
General Counsel
- 3 -
<PAGE> 4
<TABLE>
<CAPTION>
EXHIBITS
Exhibit Document Page
- ------- -------- ----
<S> <C> <C>
1 Press Release dated July 10, 1998.
</TABLE>
- 4 -
<PAGE> 1
EXHIBIT 1
---------
FOR IMMEDIATE RELEASE For More Information Contact:
Michelle Appleby, Investor Relations
Phone: (972) 701-7524
Fax: (972) 701-7892
SANTA FE INTERNATIONAL CORPORATION REPORTS
DAMAGE TO LAND RIG IN SAUDI ARABIA
Dallas, July 10, 1998 -- Santa Fe International Corporation (NYSE:SDC) reports
that rig 162, a land rig owned by one of its subsidiaries and operated by its
joint venture Saudi Drilling Company Limited, was severely damaged following a
blowout and fire while engaged in operations in the Saudi Arabian desert during
early morning hours today. All personnel were evacuated from the rig prior to
the blowout and fire, and no injuries were reported.
The rig was operating under a three year contract with Saudi ARAMCO which
commenced during February 1997. The Company reported that the rig and associated
equipment are insured.
Santa Fe International Corporation is a leading international offshore and land
contract driller. The Company owns and operates a high quality, technologically
advanced fleet of 26 marine drilling rigs and 28 other land drilling rigs. The
Company currently operates in 16 countries throughout the world.
- 5 -
