Grant Prideco Announces New Sales Managers

21 Oct 1999

Houston, October 21, 1999

Grant Prideco is pleased to announce two new members of its sales management team. Randall Edwards has been hired as the company¡¦s new Inside Sales Manager and is located in the company¡¦s corporate office in The Woodlands, Texas. Edwards comes to Grant Prideco from an oilfield supply company and brings with him more than 19 years of sales management experience in oil country tubular goods (OCTG), premium threads and drill pipe. Glenn Westerman, who also has nearly 20 years experience in oilfield equipment sales, joins the company as Regional Sales Manager. Westerman is based in Lafayette, Louisiana and represents Grant Prideco¡¦s H-Series„¥ drill stem products in the Gulf Coast states.

¡§The addition of these two knowledgable professionals to our sales team further strengthens Grant Prideco¡¦s ability to provide outstanding representation and service to existing and prospective customers,¡¨ says Danny Latham, Vice President of Sales and Service for Grant Prideco.

Grant Prideco, headquartered in The Woodlands, Texas, is the world¡¦s leader in drill stem technology development and drill pipe manufacturing, sales and service, in addition to being North America's pre-eminent source for engineered connections and premium tubulars. Grant Prideco is a subsidiary of Weatherford International, Inc. (NYSE:WFT).

Contacts:
Lori Tipton 281/297-8500

Weatherford International, Inc.
515 Post Oak Blvd, Suite 600
Houston, Texas 77027
713-693-4000