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Weatherford International Ltd. (WFTIQ)

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Last Post: 7/1/2019 5:42:44 PM - Followers: 49 - Board type: Free - Posts Today: 0


 

 

  

In 1972, the separate company of Energy Ventures, Inc. was founded as an offshore gas and oil exploration and production company.In 1987, Energy Ventures was liquidated and re-established and by 1990, had acquired Grant Oil Country Tubular Company.

In 1991, Weatherford acquired Petroleum Equipment Tools Company (PETCO). Weatherford and HOMCO later merged operations to create Weatherford Services, the largest oil fishing/rental company 
in the world. In 1995, Weatherford merged with Enterra, becoming Weatherford Enterra Inc.

In May 1998 Energy Ventures, since renamed EVI, Inc. and Weatherford Enterra, Inc. merged, creating the current company now known as Weatherford. In the next two years, 
Weatherford added a number of well-organized brands to its expertise, including Dailey, Orwell, Energy Rentals, Whiting, Williams, BBL and ECD Northwest. Weatherford also created 
a stronger completion competence with the addition of well-known brands in the sector such as Petroline, Cardium, Nodeco, McAllister, Johnson Screens, Houston Well Screens, Arrow, and CIDRA.

In 2005, Weatherford acquired Precision Drilling Corporation’s Precision Energy Services and International Contract Drilling divisions.

In 2008, the company announced that it was shifting its place of incorporation from Bermuda to Switzerland. That same year, Weatherford completed its acquisition of V-Tech International,
a pioneer in the development of mechanical power tong systems in the North Sea to improve rig safety.


Company focus
As an oil and natural gas drilling services company, Weatherford produces a variety of products and services for the oil and gas industry. These include drilling services, electronic well
measurement and monitoring, completion, production, and evaluation products and services. In particular, the company has developed directional drilling services that can extend through
miles of bedrock with great precision,
and tubular running services that are used on almost half of the world’s deepwater drilling projects. The company has more sand screen systems installed
worldwide than any other company, and production optimization systems in more than 100,000 wells around the world
. Additionally, Weatherford is the industry’s only provider of all forms of
artificial lift.
Weatherford also offers intervention, completion, and decommissioning services for well owners, in addition to pipeline precommissioning, commissioning operations, and one of
the world's most diverse fleets of inline inspection tools.



       


     

 


      
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WFT News: Current Report Filing (8-k) 05/17/2019 04:20:06 PM
WFT News: Support For Weatherford's Restructuring Agreement Increases To 74% Of Outstanding Senior Unsecured Notes 05/17/2019 04:15:00 PM
WFT News: Support For Weatherford's Restructuring Agreement Increases To 74% Of Outstanding Senior Unsecured Notes 05/17/2019 04:15:00 PM
WFT News: Current Report Filing (8-k) 05/16/2019 04:16:54 PM
WFT News: Current Report Filing (8-k) 05/13/2019 06:51:22 AM
PostSubject
#732   WFTIF changed to WFTIQ, bankruptcy. Renee 07/01/19 05:42:44 PM
#731   They are almost always cancelled at some point 420man 07/01/19 03:40:41 PM
#730   Doesn't say anything about shares though ? AOuvier 07/01/19 03:35:27 PM
#729   Q incoming.... https://www.chron.com/business/energy/article/Weatherford 420man 07/01/19 03:23:42 PM
#728   Weatherford Operations Are Continuing Without Interruption and With Pisd 06/20/19 09:41:03 PM
#727   WFTIF 5/milli hit @ 0.05 AOuvier 06/19/19 04:05:17 PM
#726   WFTIF 0.0499, Big hits going into EOD AOuvier 06/19/19 03:57:57 PM
#725   WFTI nice buys @ 0.0485 AOuvier 06/19/19 03:51:41 PM
#724   Equivalent to $4-5 pps say, except debts restructured Pisd 06/18/19 02:22:02 PM
#723   Oil no longer needed, buyer again .041 wftif wtf?... Pisd 06/17/19 10:10:22 AM
#722   flipped .051, out, affectionately call it wtf gl... Pisd 06/11/19 03:35:41 PM
#721   Flipped .061, buyer WFTIF @ .045 $$ ... Pisd 06/03/19 10:13:22 AM
#720   $WFTIF: Monster Block of 45Million at $0.05 makinezmoney 05/20/19 01:32:24 PM
#719   10/milli hit @ 0.07 WFTIF!!!! AOuvier 05/16/19 11:00:07 AM
#718   Just got a bad feeling about this one 420man 05/15/19 06:27:21 PM
#717   2/milli hit @ 0.065....I'm liking that :) AOuvier 05/15/19 03:59:39 PM
#716   $WFTIF: Now back up to over $0.06 makinezmoney 05/15/19 01:57:26 PM
#715   $WFTIF: Loaded up here at $0.05 makinezmoney 05/15/19 09:54:04 AM
#714   There will now 100's of millions of shares 420man 05/14/19 02:56:01 PM
#713   Yes, from where things stand at the moment....but, 420man 05/14/19 02:08:56 PM
#712   so does that mean , if you have Spikedog 05/14/19 02:05:45 PM
#711   The RSA contemplates a comprehensive deleveraging of the 420man 05/14/19 02:00:06 PM
#710   Could you explain the 1%. Spikedog 05/14/19 01:54:55 PM
#709   They will very likely announce a record date 420man 05/14/19 01:52:26 PM
#708   wonder how that will work? Spikedog 05/14/19 01:46:07 PM
#707   Prob settle around .08-.10 Maso11 05/14/19 11:57:20 AM
#706   $4 million dump so far. Will likely end 420man 05/14/19 10:08:17 AM
#705   Commons will get 1% of the new stock... 420man 05/14/19 09:23:11 AM
#704   WFT changed to WFTIF. Delisted from the NYSE Renee 05/13/19 06:04:20 PM
#703   WFT officially delisted to OTC... 420man 05/13/19 04:27:42 PM
#702   Q tomorrow & delist almost immediately... SAD! 420man 05/12/19 07:33:48 AM
#701   I thought this thing would bounce but it Maurice King Solomon 05/11/19 10:39:05 AM
#700   This is going to be bloody on Monday. Gigolo Jason 05/11/19 10:18:57 AM
#699   People probably lost fortunes. Im sure it Advisory 05/11/19 09:17:49 AM
#698   They announced to file for CH. 11 in naturalborninvestor 05/11/19 05:25:37 AM
#697   Will be a nice bounce play for ppl Tozer Max 05/10/19 07:03:18 PM
#696   Well I learned my lesson, never gamble on Danny1024 05/10/19 06:21:26 PM
#695   So sad, after hours! undervalue 05/10/19 09:18:21 AM
#694   Drop the filings already!! Spudchucker 05/10/19 08:55:25 AM
#693   Your PPS prognosis? undervalue 05/10/19 07:37:29 AM
#692   huge day...I believe a debt restructuring from Chase I know More 05/10/19 07:09:18 AM
#691   1 or 0,20. both possible undervalue 05/10/19 05:40:45 AM
#690   Today is Dday undervalue 05/10/19 05:40:10 AM
#689   What a shame, this mangement, to give room undervalue 05/09/19 11:33:17 AM
#688   CH11 or something... undervalue 05/09/19 11:31:57 AM
#687   Its crystall-clear market assumes horrible things after this undervalue 05/09/19 11:31:05 AM
#686   Bad thing the postponement without giving any reason undervalue 05/09/19 11:28:35 AM
#685   Non stop selling. Seems like insiders know something.... Advisory 05/09/19 10:28:06 AM
#684   Damn this getting ugly!!! Spudchucker 05/09/19 08:40:57 AM
#683   Must be horrible news to have a sell Advisory 05/08/19 03:52:38 PM
PostSubject