Weatherford Announces SIX Swiss Exchange Approval Of Request For Extension To Publish Half-year Financials
Weatherford International (NYSE: WFT) is pleased to announce that the SIX Swiss Exchange Ltd. has granted Weatherford's request to extend the due date for publishing its half-year report for the first half of 2012 (the "Interim Report") from September 30, 2012 until November 30, 2012. Weatherford announced on July 24, 2012 that it was reporting second quarter results on a pre-tax basis due to its previously announced and unresolved material weakness in its internal control over financial reporting for income taxes.
Weatherford formally requested an extension of the September 30 deadline for filing the Interim Report to give the company time to complete the announced additional tax accounting procedures, complete the restatement of prior period results and publish its second quarter 2012 financial results.
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