Weatherford Appoints Two New Executives

29 Oct 1999

Houston, October 29, 1999

Weatherford International, Inc. (NYSE: WFT) has appointed two new senior vice presidents to its executive management team: Mark Hopmann and Gary Warren.

Hopmann, who previously served as division vice president of Weatherford’s Completion Systems, is now president of that division. Warren, the former vice president for Europe, West Africa and CIS, has assumed the role of president for Weatherford’s Drilling and Intervention Services division.

“Weatherford had added significant capabilities through an intensive acquisition program over the past 15 months,” said Bernard J. Duroc-Danner, Weatherford’s Chairman and CEO. “We are now in the next phase -- integration and implementation -- and Gary and Mark both have a track record of providing the vision, skills, experience and industry knowledge needed to move us forward.”

Warren has 27 years of experience in the oilfield industry. He began his career in 1972 with BJ Oil Tools as metallurgical engineer, and joined Petco Fishing and Rental Tool in 1980, where he served in various management positions in sales and operations. He joined Weatherford when the company merged with Petco in 1992, and has served in several vice president capacities, each with increasing responsibilities. Warren holds a B.S. degree in mechanical engineering from the University of Houston.

Hopmann joined Weatherford in 1998 as a product line manager. Six months later, he was promoted to vice president of Completion Products and Services. Prior to joining Weatherford, Hopmann worked for Baker Hughes, where he worked for 18 years in both engineering and marketing positions across several product lines. Hopmann last served as Product Line Director for Baker’s Completion Systems Group. He holds a B.S. in mechanical engineering from the University of Houston.

Weatherford also announced that Randy Stilley, formerly a senior vice president of Weatherford and president of the company’s Completion and Oilfield Services division, has left the company to pursue other interests.

“To better serve our customers, we reorganized our Completion and Oilfield Services division into two more focused and responsive organizations: Drilling and Intervention Services and Completion Systems,” said Duroc-Danner. “We thank Randy for his significant contributions to the strengthening and broadening of Weatherford’s capabilities this past year.”

Houston-based Weatherford International, Inc. (http://www.weatherford.com) 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’s four divisions – Drilling and Intervention Services, Completion Services, Artificial Lift and Weatherford Global Compression Services – operate in over 50 countries and employ more than 10,000 people worldwide.

Contacts:
Don Galletly (713) 693-4148
Bruce Longaker (713) 693-4161

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