1. Analyst: JohnPaul Bennett Friday, September 4 th, 2009

2. Stock Price $21.40 52-week range $7.75-33.38 Market Cap $15.6 billion Beta 1.66 IMP Portfolio currently hold 60 shares of WFT Current Stock Price

4. Key Stats

6.  Sector: Energy  Industry: Oil Related Services and Equipment  Weatherford International Ltd., incorporated in 1972, is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The Company operates in approximately 100 countries, which are located in nearly all of the oil and natural gas producing regions in the world. Its geographic reporting segments include North America, Latin America, Europe/West Africa/the Commonwealth of Independent States (CIS) and Middle East/North Africa/Asia. The Company’s product offerings are grouped into 10 service lines: artificial lift systems; drilling services; well construction; drilling tools; completion systems; wire line and evaluation services; re-entry and fishing; stimulation and chemicals; integrated drilling, and pipeline and specialty services. In August 2008, the Company acquired International Logging, Inc. (ILI), a provider of surface logging and formation and evaluation and drilling related services. In January 2008, it sold its electrical submersible pumps (ESP) product line to Premier Business Solutions (PBS). Company Overview

9. 2-YEAR STOCK CHART

10. Comparison with S&P 500, NASDAQ, and Dow

11. News and Reports 1. The oil services industry's collective second-quarter results were terrible due to a significant decline in North American drilling activity 2.. Second quarter EPS from continuing operations reflect a decrease of 77% over the second quarter of 2008; mainly due to a combination of record low seasonal activity in Canada and anticipated pricing declines in both the United States and Canada 3. Concern that contract repricing in the next six to nine months could damage the industry's long-term pricing power and growth prospects for several key international markets such as Mexico, Iraq, and Brazil 4. The industry remains unchanged, and a sustainable recovery is unlikely until the second half of 2010 5. Some new data points about North American and international services pricing are negative, and Iraq is unlikely to be the near-term panacea to boost industry growth 6. The international services market downturn traditionally follows the North American market by three to six months

12. Recommendation 1. Terrible second-quarter results in North America, International soon to follow 2. Poor growth estimations, revenue growth in decline 3. Beta is high, indicates the security's price will be more volatile than the market 4. Energy prices climbing, amount of oil available on decline, suppliers first to go 5. Sell all 60 shares of WFT