Weatherford International Ltd.
EANS-Adhoc: Weatherford Announces Selection of Chief Accounting Officer
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Accounting and Audits
21.07.2011
GENEVA, Switzerland, July 20, 2011 -- Weatherford International Ltd. (NYSE /
Euronext Paris / SIX: WFT) announced today that John H. Briscoe has
agreed to join the company as Vice President-Chief Accounting Officer. Mr.
Briscoe will report to the company's Chief Financial Officer.
(Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO)
Mr. Briscoe served as Vice President and Controller of Transocean Ltd.
from October 2007 to present. He also fulfilled additional roles in internal
audit, investor relations and field finance. Prior to joining Transocean in
2005, Mr. Briscoe served as Ferrellgas Inc.'s Vice President of Accounting
and served in other senior roles during his eight years with the company.
Mr. Briscoe also served as Controller for Latin America for Dresser
Industries Inc. Mr. Briscoe started his career with seven years in public
accounting beginning with the firm of KPMG and ending with Ernst & Young as
an Audit Manager. Mr. Briscoe is a certified public accountant.
Mr. Briscoe brings extensive knowledge of financial reporting and the
energy industry and has a demonstrated history of leadership in finance. It
is expected that Mr. Briscoe will assume his role with Weatherford in
August, following an orderly transition of his responsibilities with his
current employer.
Weatherford is one of the largest global providers of innovative
mechanical solutions, technology and services for the drilling and
production sectors of the oil and gas industry. Weatherford operates in over
100 countries and employs more than 55,000 people worldwide.
Weatherford International Ltd. makes available free of charge on its
website, its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
Current Reports on Form 8-K, reports filed pursuant to Section 16 of the
U.S. Securities Exchange Act of 1934 and amendments to those reports filed
with or furnished to the SEC as soon as reasonably practicable after
Weatherford International Ltd. electronically files these documents with, or
furnishes them to, the SEC. These documents are posted on Weatherford
International Ltd.'s website at http://www.weatherford.com - under "Investor
Relations."
end of ad-hoc-announcement
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The SEC maintains a website that contains reports, proxy statements and
other information regarding issuers that file electronically with the SEC.
These materials may be obtained electronically by accessing the SEC's home
page at http://www.sec.gov.
Copies of the above referenced information will also be made available,
free of charge, by calling or upon written request to:
Weatherford International Ltd.
Investor Relations
4-6 Rue Jean-Francois Bartholoni
1204 Geneva, Switzerland
Contacts Andrew P. Becnel +41.22.816.1502
Chief Financial Officer
Karen David-Green +1.713.693.2530
Vice President - Investor Relations
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 concerning,
among other things, Weatherford's prospects for its operations which are
subject to certain risks, uncertainties and assumptions. These risks and
uncertainties, which are more fully described in Weatherford International
Ltd.'s reports and registration statements filed with the SEC, include the
impact of oil and natural gas prices and worldwide economic conditions on
drilling activity, the outcome of pending government investigations, the
demand for and pricing of Weatherford's products and services, domestic and
international economic and regulatory conditions and changes in tax and
other laws affecting our business. Should one or more of these risks or
uncertainties materialize, or should the assumptions prove incorrect, actual
results may vary materially from those currently anticipated.
Further inquiry note:
Andrew P. Becnel, Chief Financial Officer, +41.22.816.1502; Karen David-Green,
Vice President - Investor Relations, +1.713.693.2530
end of announcement euro adhoc
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issuer: Weatherford International Ltd.
Rue Jean-Francois Bartholoni 4-6
CH-1204 Geneva
phone: +41.22.816.1500
FAX: +41.22.816.1599
mail: karen.david-green@weatherford.com
WWW: http://www.weatherford.com
sector: Oil & Gas - Upstream activities
ISIN: CH0038838394
indexes:
stockmarkets: stock market: Euronext Paris, New York, Main Standard: SIX Swiss
Exchange
language: English