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: September 19, 1995
READING & BATES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-5587 73-0642271
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
901 Threadneedle, Suite 200, Houston, TX 77079
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 496-5000
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99 - Press Release dated September 13, 1995
- Promotion of T. W. Nagle to Executive
Vice President, Finance and Administration.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
READING & BATES CORPORATION
By /s/T. W. Nagle
--------------------
T. W. Nagle
Executive Vice President,
Finance and Administration
Dated: September 19, 1995
EXHIBIT 99
FOR IMMEDIATE RELEASE Contacts: Mr. Charles R. Ofner
(713) 496-5000
September 13, 1995, Houston, Texas.....Reading & Bates Corporation
(NYSE: RB) announced today that the Company's Board of Directors has named
Tim W. Nagle as Executive Vice President, Finance and Administration.
Nagle held the position of Vice President and Chief Financial Officer
before his promotion. He joined Reading & Bates Drilling Co. in 1976 as
Manager of Administration for a 500 employee land drilling operation in
South Iran. He has held management positions with the company in West
Africa, Singapore and Houston. Nagle holds a Bachelor of Science in
Economics from the University of Pennsylvania and an MBA from the Wharton
School.
Reading & Bates is a New York Stock Exchange listed company, providing
offshore drilling and related services throughout the world. Its wholly
owned subsidiary, Reading & Bates Development Co. provides technical,
construction and project management services and floating production systems
to the upstream offshore oil and gas industry worldwide.
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