Document ID: SEC-2005-0289-0001
Agency: sec
Document Type: Notice
Title: Applications, hearings, determinations, etc.: Nabors Industries Ltd.
Posted Date: 2005-11-29T05:00Z

[Federal Register: November 29, 2005 (Volume 70, Number 228)]
[Notices]               
[Page 71565]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29no05-106]                         

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-32657]

 
Issuer Delisting; Notice of Application of Nabors Industries Ltd. 
To Withdraw Its Common Shares, $.001 Par Value, From Listing and 
Registration on the American Stock Exchange LLC

November 22, 2005.

    On November 3, 2005, Nabors Industries Ltd., a Bermuda exempted 
company (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common shares, $.001 par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    On the Board of Directors (``Board'') of the Issuer unanimously 
approved a resolution on May 6, 2005, to withdraw the Security from 
listing on Amex and to list the Security on the New York Stock 
Exchange, Inc. (``NYSE''). The Issuer stated that the Board's reason to 
withdraw the Security from Amex and list the Security on NYSE was to 
avoid direct and indirect costs and the division of the market 
resulting from dual listing on Amex and NYSE.
    The Issuer stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
effect in Bermuda, in which it is incorporated, and providing written 
notice of withdrawal to Amex.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on Amex, and shall not affect its continued 
listing on NYSE or its obligation to be registered under Section 12(b) 
of the Act.\3\
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    \3\ 15 U.S.C. 781(b).
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    Any interested person may, on or before December 15, 2005, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of Amex, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/delist.shtml.
); or     Send an e-mail to rule-comments@sec.gov. Please include 

the File Number 1-32657 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-32657. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 

Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.
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    \4\ 17 CFR 200.30-3(a)(1).

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
Jonathan G. Katz,
Secretary.
[FR Doc. E5-6663 Filed 11-28-05; 8:45 am]

BILLING CODE 8010-01-P