================================================================================
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): MAY 5, 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
================================================================================
PAGE 1
EXHIBIT INDEX APPEARS ON PAGE 4
ITEM 5. OTHER EVENTS
A copy of our press release dated May 5, 2003 for the announcement of
our new business alignments is filed as Exhibit 99.1 and is incorporated in this
report by reference.
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 May 5, 2003 announcing new business
alignments.
99.2 Press release dated May 5, 2003 announcing earnings for the
quarter ended March 31, 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 May 5, 2003, we issued a news release announcing first quarter
results for the period ended March 31, 2003. A copy of the press release is
attached as Exhibit 99.2 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.
In addition, on May 5, 2003, following the news release, we held a
conference call regarding the first quarter results. The scheduled conference
call was previously announced on March 27, 2003. The publicly announced
conference call was available via real-time webcast and is available for replay
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. During the conference call, certain information was discussed that
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 available on our website. To access these
reconciliations, click on the Investor Relations Link under Corporate and then
click on the Financial Information Link.
PAGE 2
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: May 5, 2003 /s/ Lisa W. Rodriguez
------------------------------------
Lisa W. Rodriguez
Senior Vice President and
Chief Financial Officer
PAGE 3
INDEX TO EXHIBITS
Exhibit
Number Description
------- -----------
99.1 Press release dated May 5, 2003 announcing new business alignments.
99.2 Press release dated May 5, 2003 announcing earnings for the quarter ended
March 31, 2003.
PAGE 4