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UNITED STATES
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 (Date of earliest event reported) July 10, 2006
NABORS INDUSTRIES LTD.
(Exact name of registrant as specified in its charter)
         
Bermuda
(State or Other Jurisdiction of
Incorporation or Organization) 		  001-32657
(Commission File Number) 		  980363970
(I.R.S. Employer
Identification No.)
     
Mintflower Place
8 Par-La-Ville Road
Hamilton, HM08		    
Bermuda
(Address of principal executive offices) 		  N/A
(Zip Code)
(441) 292-1510
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 8.01 Other Events.
     In a press release issued on July 10, 2006, Nabors Industries Ltd. announced that its second quarter results will be adversely impacted by a charge to income tax expense amounting to approximately $15.7 million or $0.05 per diluted share, reflecting the net effect of a U.S. tax payment, partially offset by a reduction in its Canadian deferred tax liability. A copy of the press release is attached hereto as Exhibit 99.1, is incorporated herein by reference, and is hereby filed.
Item 9.01 Financial Statements and Exhibits.
(d)   Exhibits
         
Exhibit No.   Description
  99.1    
Press Release issued by Nabors Industries Ltd. on July 10, 2006.

 

 

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 by the undersigned hereunto duly authorized.
         
  NABORS INDUSTRIES LTD.
 		  
Date: July 10, 2006  By:   /s/ Daniel McLachlin    
    Daniel McLachlin   
    Vice President-Administration & Secretary   
 

 

 

EXHIBIT INDEX
         
Exhibit No.   Description
  99.1    
Press Release issued by Nabors Industries Ltd. on July 10, 2006.