FOR IMMEDIATE RELEASE    

Date: Thursday, September 5, 2002

FORMER HALLIBURTON EMPLOYEES RECEIVE HELP

Laid-off Employees of the Oil and Energy Company’s Duncan
Facility Found Eligible for Assistance Under Trade Act of 1974

OKLAHOMA CITY, OK – The Oklahoma Employment Security Commission announced today that displaced workers from Halliburton Energy Services in Duncan are eligible to receive financial help. The U.S. Department of Labor has ruled that former employees of Halliburton plants in Duncan, Okla., Tucson, Ariz., Bakersfield, Calif., Carrollton, Texas and Winnemucca, Nev. meet requirements to receive trade adjustment assistance according to the Trade Act of 1974 (19 USC 2273) as amended by the Omnibus Trade and Competitiveness Act of 1988 (P.L. 100-418). Under Section 223 of the legislation, workers qualify for adjustment assistance if three criteria are met: 1) workers must be laid off or threatened with layoff; 2) sales or production must have decreased; and 3) increases in imports of products like or directly competitive with products made by the firm must contribute to layoffs or the threat of layoffs. Trade adjustment assistance is available to individuals who became unemployed as a result of increased imports or a shift in production. The goal is to help laid off workers return to suitable employment as quickly as possible.

In March of this year, the Department of Labor launched an investigation into the Halliburton layoffs in response to a petition filed by a company official on behalf of workers employed at the five facilities. Halliburton Energy Services is an oilfield services company which contracts with a large number of production companies throughout the United States. The investigation revealed that revenues and

employment decreased at Halliburton, while U.S. imports of crude oil increased absolutely and relative to U.S. production during the same period. The report concludes that workers “who became totally or partially separated from employment on or after February 21, 2001 through two years from the date of certification are eligible to apply for adjustment assistance…”

Separated employees who would like to take advantage of this assistance should contact their nearest Workforce Oklahoma Local Office at 1-888-840-WORK (9675).

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