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Company Background

Weatherford International Ltd (NYSE:WFT) was incorporated in 1972 and specializes in equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells to independent oil and natural gas companies around the globe. Based in Geneva, Switzerland, the company offers progressing cavity pumps, reciprocating rod lift systems, gas lift systems, hydraulic lift systems, plunger lift systems, hybrid lift systems, wellhead systems and production optimization. The company is also involved in designing and manufacturing or drilling jars, rotating control devices and pressure control equipment used in drilling and natural gas wells.

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Don