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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): JULY 21, 2003
WEATHERFORD INTERNATIONAL LTD.
(Exact name of registrant as specified in charter)
BERMUDA 1-31339 98-0371344
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
515 POST OAK BLVD., SUITE 600, HOUSTON, TEXAS 77027-3415
(Address of Principal Executive Offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 693-4000
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of business acquired
Not applicable.
(b) Pro forma financial information
Not applicable.
(c) Exhibits
99.1 Press release dated July 21, 2003 announcing earnings for the
quarter ended June 30, 2003.
ITEM 9. REGULATION FD DISCLOSURE
This information, furnished under this "Item 9. Regulation FD
Disclosure," is intended to be provided under "Item 12. Results of Operations
and Financial Condition," in accordance with U.S. Securities and Exchange
Commission Release No. 33-8216.
On July 21, 2003, we issued a news release announcing quarterly
results for the period ended June 30, 2003. A copy of the press release is
attached as Exhibit 99.1 and is incorporated by reference in this Item 9.
The information in this report is being furnished, not filed, pursuant
to Item 12 of Form 8-K. Accordingly, the information in Item 12 of this report
will not be incorporated by reference into any registration statement filed by
us under the Securities Act of 1933, as amended, unless specifically identified
as being incorporated therein by reference.
On July 21, 2003, following the news release and the filing of this
Current Report on Form 8-K, we will hold a conference call at 10:00 a.m.
eastern, 9:00 a.m. central, regarding the second quarter results. This scheduled
conference call was previously announced on June 20, 2003 and will be available
via real-time webcast. To access the call please contact the conference call
operator at 617-801-9711 approximately 10 minutes prior to the scheduled start
time, and ask for the Weatherford Conference Call. The password is
"Weatherford". A replay will be available until 5:00 p.m. central, July 28,
2003. The number for the replay is 617-801-6888; passcode 81100077. In addition,
a replay will be available on our website at www.weatherford.com. To access the
replay, click on the Investor Relations Link under "Corporate" and then click on
the Enhanced Audio Webcast link.
Weatherford reports its financial results in accordance with generally
accepted accounting principles (GAAP). However, management believes that certain
non-GAAP performance measures may provide users of this financial information
additional meaningful comparisons
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between current results and results in prior operating periods. Certain
information discussed in the press release and the conference call could be
considered non-GAAP measures. In compliance with the Securities and Exchange
Commission's Regulation G, reconciliations of such information to the closest
GAAP measures are included in our press release and are available on our
website. To access the reconciliations on our website, click on the Investor
Relations Link under "Corporate" and then click on the Financial Information
Link. Non-GAAP financial measures should be viewed in addition to, and not as
an alternative for, Weatherford's reported results prepared in accordance with
GAAP. Other companies may define the non-GAAP measures differently.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WEATHERFORD INTERNATIONAL LTD.
Dated: July 21, 2003 /s/ Lisa W. Rodriguez
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Lisa W. Rodriguez
Senior Vice President and
Chief Financial Officer
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EXHIBIT INDEX
99.1 Press release dated July 21, 2003 announcing earnings for the quarter
ended June 30, 2003.
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