EANS-Adhoc: Weatherford Announces Officer Promotion

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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24.03.2012

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 accountant.

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

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
Relations

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: Main Standard: SIX Swiss Exchange, stock market: New York, Euronext
Paris
language: English