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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 August, 1999
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
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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
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PRESS RELEASE
Enclosed herewith as Exhibit 99.1 is a copy of the Registrant's Press
Release dated August 31, 1999.
EXHIBITS
1 Press Release dated August 31, 1999.
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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.
SANTA FE INTERNATIONAL
CORPORATION
(Registrant)
Date: September 2, 1999 By: /s/ CARY A. MOOMJIAN, JR.
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Cary A. Moomjian, Jr.
Vice President, Secretary and
General Counsel
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EXHIBITS
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99.1 Press Release dated August 31, 1999.
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Exhibit 99.1
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[GRAPHIC OMITTED]
Santa Fe International Corporation
Two Lincoln Centre, Suite 1100
5420 LBJ Freeway
Dallas, TX 75240-2648
For More Information Contact:
FOR IMMEDIATE RELEASE Richard J. Hoffman,
Vice President, Investor Relations
Phone: 972-701-7950
Fax: 972-701-7892
www.sfdrill.com
SANTA FE INTERNATIONAL CORPORATION
ANNOUNCES CHANGE IN BOARD OF DIRECTORS
Dallas, August 31, 1999 -- Santa Fe International Corporation (NYSE:SDC)
announced today that Mr. Sami Fahed Al-Rushaid resigned from its Board of
Directors to accommodate the assumption of additional responsibilities
resulting from his recent promotion to Deputy Chairman of the Board of Kuwait
National Petroleum Company.
The Santa Fe Board has acted to fill the vacancy upon recommendation of its
Nominating and Governance Committee, appointing Mrs. Maha Abdul Razzaq Razzuqi
as Director. Mrs. Razzuqi currently serves as the Kuwait Petroleum Corporation
(KPC) Executive Assistant Managing Director for International Business
Development. She has been associated with KPC's international operations for
the past three years, including service on the Board of Kuwait Foreign
Petroleum Company, and held various management positions in planning and
marketing between 1986 to 1996. Mrs. Razzuqi received a B.S. degree from
Syracuse University and a MBA from George Washington University.
Santa Fe's Chairman of the Board, Gordon Anderson, commented, "We regret the
loss of Mr. Al-Rushaid as a Director, and congratulate him on his promotion
within Kuwait National Petroleum Company. We are pleased to welcome Mrs.
Razzuqi to our Board. We believe her background in planning, marketing and
international operations will bring valuable insight to the Board."
The Board is now comprised of Mr. Gordon M. Anderson, Dr. Richard N. Haass and
Mr. Khaled R. Al- Haroon as Class I Directors with terms expiring in 2001;
Messrs. Ferdinand A. Berger, Stephen J. Solarz and Nader H. Sultan as Class II
Directors with terms expiring in 2002; and Messrs. C. Stedman Garber, Jr.,
Robert E. Wycoff and Mrs. Maha Razzuqi as Class III Directors with terms
expiring in 2000.
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 33 land drilling rigs and is a
provider of drilling related services to the petroleum industry.
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