GENEVA, Sept. 30 /PRNewswire-FirstCall/ -- Weatherford International Ltd. (NYSE: WFT) today announced that the French Autorite des marches financiers (AMF) has approved the Company's prospectus for admission of its registered shares to listing and trading on the Professional Segment of NYSE Euronext Paris ("Euronext"), and has granted visa number 09-277, dated September 29, 2009, on the prospectus. This prospectus has been prepared by Weatherford International Ltd. and its signatory accepts the responsibility for its contents. The attention of investors is drawn to the risk factors described in the prospectus. On September 28, 2009, Euronext approved Weatherford's application for listing and trading of its registered shares on Euronext.
Copies of this prospectus may be obtained free of charge from Weatherford International Ltd. at 4-6 Rue Jean-Francois Bartholoni, 1204 Geneva, Switzerland and from its paying agent in France, Societe Generale - Titres et Bourse (Postal address: 32, rue du Champ de Tir, BP 81236, 44312 Nantes Cedex 3, France). The prospectus is also available on Weatherford's website at www.weatherford.com and the AMF's website at www.amf-france.org.
Weatherford's shares are scheduled to begin trading on Euronext on October 6, 2009. The Company's registered shares will trade under the symbol "WFT" and be denominated in Euros on the Paris venue. This listing will not alter Weatherford's share count, capital structure, or current stock-listings on the New York Stock Exchange, where Weatherford also trades under the symbol "WFT."
About Weatherford International Ltd.
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 50,000 people worldwide.
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 concerning, among other things, Weatherford's prospects for its operations which are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in Weatherford International Ltd.'s reports and registration statements filed with the SEC, include the impact of oil and natural gas prices and worldwide economic conditions on drilling activity, the outcome of pending government investigations, the demand for and pricing of Weatherford's products and services, domestic and international economic and regulatory conditions and changes in tax and other laws affecting our business. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary materially from those currently anticipated.
SOURCE Weatherford International Ltd.
Andrew P. Becnel, Chief Financial Officer
+41.22.816.1502
or Nicholas W. Gee, Vice President - Investor Relations
+41.22.816.1510