Weatherford International Ltd.
EANS-Adhoc: Weatherford Announces Success of Consent Solicitations Relating to Senior Notes
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- Senior Notes 14.08.2012 GENEVA, Switzerland, Aug. 13, 2012 -- Weatherford International Ltd. (NYSE and SIX: WFT) today announced the success of its previously announced solicitation of consents from holders of senior notes issued by Weatherford's subsidiaries and guaranteed by Weatherford. The consents were solicited to allow Weatherford to extend the due date under its indentures for providing its Form 10-Q filings for the second and third fiscal quarters of 2012 to no later than March 31, 2013. Weatherford offered noteholders who consented to the extension a cash payment of $2.50 for each $1,000 in principal amount of the outstanding notes and received sufficient consents to apply this extension to all series of its outstanding publicly traded senior notes. (Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO About Weatherford Weatherford is a Swiss-based, multi-national oilfield service company. It 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 over 60,000 people worldwide. Further inquiry note: Contacts: John H. Briscoe +1.713.836.4610 Senior Vice President and Chief Financial Officer Karen David-Green +1.713.836.7430 Vice President - Investor Relations end of announcement euro adhoc -------------------------------------------------------------------------------- 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: Main Standard: SIX Swiss Exchange, stock market: New York, Euronext Paris language: English