March 30, 2009

WEATHERFORD INT’L: $47M Legal, Compliance Fees Incurred in 2008

COMPANIES: Weatherford International Ltd
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Weatherford International, Ltd., during 2008, incurred US$47 million in legal and professional fees in connection with complying and conducting investigations.

During 2008, the Company incurred US$56 million for costs incurred in connection with its exit from sanctioned countries.

The U.S. Department of…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Natural Gas | Oil | Oil Equipment & Services | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Texas | United States