Weatherford International Ltd. ( WFT) Q4 2011 Earnings Call February 21, 2012 9:00 am ET Executives Bernard Duroc-Danner - Chairman, President and CEO Andy Becnel - SVP and CFO John Briscoe - CAO Analysts Jim Crandell - Dahlman Rose Waqar Syed - Goldman Sachs Ole Slorer - Morgan Stanley Angie Sedita - UBS Joe Hill - Tudor, Pickering, Holt Kurt Hallead - RBC Capital Market Mike Urban - Deutsche Bank Doug Becker - Bank of America-Merrill Lynch PresentationOperator
At this time, I would like to welcome everyone to the Weatherford International's fourth quarter 2011 earnings conference call. (Operator Instructions) I would now like to turn the conference over to Mr. Bernard Duroc-Danner, Chairman, President and Chief Executive Officer. Bernard Duroc-Danner Thank you. Good morning. Before Andy reads his prepared comments, I would like to add that John Briscoe who is our Chief Accounting Officer will sit with us in the conference room. With that, Andy, why don't you read the prepared comments? Andy Becnel Good morning. Before moving on to our prepared comments and Q&A, I'd like to remind listeners that this call will contain forward-looking statements within the meaning of applicable securities laws, and will also include non-GAAP financial measures. A detailed disclaimer related to our forward-looking statements is included in our press release which has been filed with the SEC and is available on our website at weatherford.com or upon request. Similarly a reconciliation of excluded items and non-GAAP financial measures is also included in our press release and on our website.