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JoeSmith

02/22/09 12:40 PM

#85360 RE: jdsgungho #85351

Schlumberger Q4 Earnings Call Transcript
February 19 2009

Andrew Gould – Chief Executive Officer

"Thank you, Simon. Good morning everybody. Oilfield Services full year 2008 revenue of $24.28 billion increased 20% versus 2007, driven by area growth of 28% in Latin America; 24% in Europe/CIS/Africa; 18% in Middle East/Asia; and 11% in North America. All technologies experienced double-digit growth, most notably in Well Services, Drilling Measurements and Wireline."

http://www.123jump.com/market-update/Schlumberger-Q4-Earnings-Call-Transcript/31569/