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Corporate Profile for Santa Fe International Corp., dated April 4, 1997.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   April 4, 1997

Company Name:     Santa Fe International Corp.

Address:          Two Lincoln Centre
                  5420 LBJ Freeway, Suite 110
                  Dallas, Texas 75240

Main Telephone
 Number:          972/701-7300

Public Relations
 Contact:         John J. Mika, vice president, corporate affairs
 Business number: 972/701-7300

Industry:         Energy (Oil & Gas)




Company description: Santa Fe Santa Fe, city, Argentina
Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal.
 International Corp. is a leading international offshore and land contract driller.

The company is a wholly owned subsidairy of Kuwait Kuwait (kwīt`, –wāt) or Kowait (kō`–), officially State of Kuwait, independent sheikhdom (2005 est. pop.  Petroleum Corp. (KPC "Keeping parents clueless." See digispeak. ). KPC is wholly owned by the government of Kuwait. KPC acquired the company in 1981. The company had been a publicly held company and its shares were listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 from 1963 until its acquisition in 1981 by KPC.

The company provides contract drilling services worldwide to customers in the petroleum industry. The company currently owns and operates some 50 offshore jack-up, semi-submersible A semi-submersible or semisubmersible is a watercraft that can put much of its bulk underwater.

With a relatively small area above the water's surface, the semi-submersible is less affected by the waves than a normal ship, but must be trimmed continuously.
 and other marine and land-based drilling rigs and operates 13 client-owned land and platform rigs. The company operates in 15 countries throughout the world.

CONTACT: Santa Fe International Corp., Dallas Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S.  
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 1997
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