EANS-Adhoc: Weatherford Announces Selection of Chief Accounting Officer

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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
announcement.
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Accounting and Audits

21.07.2011

GENEVA, Switzerland, July 20, 2011 -- Weatherford International Ltd.
(NYSE / Euronext Paris / SIX: WFT) announced today that John H.
Briscoe has agreed to join the company as Vice President-Chief
Accounting Officer. Mr. Briscoe will report to the company's Chief
Financial Officer.

(Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO)

Mr. Briscoe served as Vice President and Controller of Transocean
Ltd. from October 2007 to present. He also fulfilled additional roles
in internal audit, investor relations and field finance. Prior to
joining Transocean in 2005, Mr. Briscoe served as Ferrellgas Inc.'s
Vice President of Accounting and served in other senior roles during
his eight years with the company. Mr. Briscoe also served as
Controller for Latin America for Dresser Industries Inc. 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. Mr. Briscoe is a certified public accountant.

Mr. Briscoe brings extensive knowledge of financial reporting and the
energy industry and has a demonstrated history of leadership in
finance. It is expected that Mr. Briscoe will assume his role with
Weatherford in August, following an orderly transition of his
responsibilities with his current employer.

Weatherford 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 more than 55,000 people worldwide.

Weatherford International Ltd. makes available free of charge on its
website, its Annual Report on Form 10-K, Quarterly Reports on Form
10-Q, Current Reports on Form 8-K, reports filed pursuant to Section
16 of the U.S. Securities Exchange Act of 1934 and amendments to
those reports filed with or furnished to the SEC as soon as
reasonably practicable after Weatherford International Ltd.
electronically files these documents with, or furnishes them to, the
SEC. These documents are posted on Weatherford International Ltd.'s
website at http://www.weatherford.com - under "Investor Relations."

end of ad-hoc-announcement ==========================================
====================================== The SEC maintains a
website that contains reports, proxy statements and other information
regarding issuers that file electronically with the SEC. These
materials may be obtained electronically by accessing the SEC's home
page at http://www.sec.gov.

Copies of the above referenced information will also be made
available, free of charge, by calling or upon written request to:

Weatherford International Ltd.
Investor Relations
4-6 Rue Jean-Francois Bartholoni
1204 Geneva, Switzerland
Contacts Andrew P. Becnel +41.22.816.1502
Chief Financial Officer
Karen David-Green +1.713.693.2530
Vice President - Investor Relations

This press release contains forward-looking statements within the
meaning of the 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.

Further inquiry note:
Andrew P. Becnel, Chief Financial Officer, +41.22.816.1502; Karen David-Green,
Vice President - Investor Relations, +1.713.693.2530

end of announcement euro adhoc
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issuer: Weatherford International Ltd.
Rue Jean-Francois Bartholoni 4-6
CH-1204 Geneva
phone: +41.22.816.1500
FAX: +41.22.816.1599
mail: karen.david-green@weatherford.com
WWW: http://www.weatherford.com
sector: Oil & Gas - Upstream activities
ISIN: CH0038838394
indexes:
stockmarkets: stock market: Euronext Paris, New York, Main Standard: SIX Swiss
Exchange
language: English