Weatherford Issues Offering of Senior Notes

Weatherford has commenced an offering of Senior Notes due 2019. Weatherford International, Inc., an operating subsidiary, will fully and unconditionally guarantee the notes on a senior unsecured basis. The net proceeds are expected to be used to repay existing short-term indebtedness.

Banc of America Securities LLC, Barclays Capital Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co. and UBS Securities LLC are acting as the joint book-running managers. Copies of the prospectus supplement and prospectus may be obtained for free by visiting EDGAR on the SEC website at Alternatively, the issuer, any underwriter or dealer participating in this offering will arrange to send a prospectus as supplemented to an investor if requested by contacting either Banc of America Securities LLC at Capital Markets Operations, 100 West 33rd Street, New York, New York 10001 (tel: 1-800-294-1322), Barclays Capital Inc. at Broadridge Prospectus Fulfillment, 1155 Long Island Avenue, Edgewood, New York 11717 (tel: 1-888-227-2275), Deutsche Bank Securities Inc. at 1-800-503-4611, Goldman, Sachs & Co. at 85 Broad Street, Attention: Prospectus Department, New York, New York 10004 (tel: 1-866-471-2526) or UBS Securities LLC, Prospectus Department, 299 Park Avenue, New York, New York 10171 (tel: 1-888-827-7275).