Company Profile For Weatherford International Ltd.

Weatherford International Ltd . is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company’s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wireline and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI). In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS).

BRIEF: For the nine months ended 30 September 2009, Weatherford International Ltd.'s revenues decreased 8% to $6.4B. Net income from continuing operations decreased 72% to $284.2M. Revenues reflect a decrease in income from from North America and lower revenue from Europe/West Africa/CIS. Net income also reflects an increase in research & development expenses, higher corporate expenses and increased exit & restructuring expense.