Weatherford International Ltd.

EANS-Adhoc: Weatherford Announces Officer Promotion

  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

GENEVA, March 23, 2012 -- Weatherford International Ltd. (NYSE / Euronext Paris
/ SIX: WFT) announced today that Mr. John H. Briscoe has been appointed as our
Senior Vice President and Chief Financial Officer. Mr. Briscoe, age 54, joined
Weatherford in August of 2011 as Vice President and Chief Accounting Officer.
Prior to joining the company, Mr. Briscoe served as Vice President and
Controller of Transocean Ltd. 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 and has over 30 years of experience. He graduated from the
University of Texas with a B.B.A. in Accounting and is a certified public


    Mr. Andrew P. Becnel, till now our Chief Financial Officer, and Mr. James M.
Hudgins, till now our Vice President, Tax, will be leaving the company effective
March 31, 2012. Weatherford thanks each of them for a decade or more of service.

    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.

    SOURCE  Weatherford International Ltd.

Further inquiry note:
Contacts:                  John H. Briscoe             +713.836.4610
                           Senior Vice President,
                           Chief Financial Officer
                           Karen David-Green           +713.836.7430
                           Vice President -Investor

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
sector:      Oil & Gas - Upstream activities
ISIN:        CH0038838394
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: New York, Euronext
language:   English

Weitere Meldungen: Weatherford International Ltd.

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