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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: January 9, 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 December 29, 1994 - Early
termination of bareboat charter of the drilling
unit "SONNY VOSS".
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
Vice President & Chief
Financial Officer
Dated: January 9, 1995
Exhibit 99
For additional information, please contact: Mr. C. R. Ofner
(713) 496-5000
December 29, 1994, Houston, Texas ........ Reading &
Bates Corporation (RB-NYSE) announced today its wholly
owned subsidiary, Reading & Bates Exploration Co., has
concluded an early termination of the bareboat charter of
the jack-up drilling unit "SONNY VOSS" concurrent with the
sale of the unit by its previous owner, Dorado Offshore
Limited Partnership, to Triton Holdings Limited. The
bareboat charter was scheduled to have expired, according
to its terms, in September, 1995.
Reading & Bates is a New York Stock Exchange listed
company, providing offshore drilling services throughout
the world. Its wholly owned subsidiary, Reading & Bates
Development Co. provides technical, construction and
project management services to the upstream offshore oil
and gas industry worldwide.
