Exhibit 20 FOR IMMEDIATE RELEASE Contact -- Steve Moore - --------------------- Investor Relations December 23,1996 (214) 978-2696 HALLIBURTON ACKNOWLEDGES POTENTIAL ACQUISITION ---------------------------------------------- DALLAS, Texas -- Halliburton Company (NYSE: HAL)acknowledges that it is in discussions with OGC International plc, a U.K. company traded on the London Stock Exchange, concerning a possible acquisition by Halliburton of OGC. OGC and Halliburton announced these discussions earlier today in the U.K. OGC provides a variety of engineering, operations and maintenance services to the petroleum industry, primarily in the North Sea. In 1995 it had revenues of 233 million U.K. Pounds ($385 million) and pre-tax profit of 14.2 million U.K. Pounds ($23.5 million). For the first six months ended June 30, 1996, OGC had revenues of 91 million U.K. Pounds ($150 million) and pre-tax profit of 2.7 million U.K. Pounds ($4.5 million). As of June 30, 1996, OGC had total shareholders' equity of 37 million U.K. Pounds ($61 million). Halliburton Company is one of the world's largest diversified energy services, engineering, maintenance, and construction companies. Halliburton provides a broad range of energy services and products, industrial and marine engineering and construction services. A further announcement will be made when appropriate. ### Page 5 of 5 pages The Exhibit Index appears on Page 4