Schlumberger Limited SLB provided the following fourth-quarter
operational update today:
* The Europe/CIS/Africa Area is experiencing continued contractual delays
combined with higher than usual seasonal slowdowns in activity
* North America activity is weaker than anticipated on land in the US and
Western Canada.
The combined earnings per share impact of the above is estimated to be in the
range of $0.05 to $0.07 per share.
Schlumberger will discuss final results of the fourth quarter in detail during
its previously announced fourth quarter earnings conference call on January
18, 2013, beginning at 9:00 am (US Eastern Time), 3:00 pm (Paris time).
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