Russia Oil Gas Magazine

Weatherford Announces Fourth Quarter and Full Year 2019 Results

Weatherford International plc announced today its results for the fourth quarter and full year 2019. Weatherford emerged from Chapter 11 bankruptcy protection pursuant to a prepackaged plan of reorganization on December 13, 2019 and eliminated $6.2 billion of debt as part of its financial restructuring.  Upon emergence, Weatherford adopted fresh-start accounting which results in Weatherford becoming a new entity …

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Tatneft published its U.S. GAAP consolidated interim condensed financial statements for the first quarter of 2012

OAO Tatneft (the “Company”) announces today that it published on its web-site (http://www.tatneft.ru/eng) the unaudited interim condensed consolidated financial statements for the three months ended March 31, 2012 prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) (the “Financial Statements”) and related Management Discussion and Analysis of Results …

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