Weatherford International, Ltd.

• Public
• US

Dow Jones Description

Weatherford International Ltd. (NYSE:WFT) is one of the worlds leading providers of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. We were originally incorporated in Delaware in 1972, and as a result of our corporate reorganization in 2002, are now incorporated in Bermuda. Many of our businesses, including those of Weatherford Enterra, have been operating for more than 50 years. We anticipate that, during the first quarter of 2009, we will complete a transaction in which Weatherford International Ltd., the Bermuda exempted company (Weatherford-Bermuda), will become a wholly-owned subsidiary of Weatherford International Ltd., a Swiss joint-stock company (Weatherford-Switzerland), and holders of our common shares will receive one registered share of Weatherford-Switzerland for each common share of Weatherford-Bermuda that they hold. When referring to Weatherford and using phrases such as we and us, our intent is to refer to Weatherford International Ltd. and its subsidiaries as a whole or on a regional basis, depending on the context in which the statements are made. We operate in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. ...

Number of Employees 50,000

Contact Information

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