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BRIEF-Weatherford and Schlumberger to form OneStim joint venture

March 24 Weatherford International Plc

* Weatherford and Schlumberger to form OneStim joint venture

* Weatherford International Plc - Schlumberger and Weatherford will have 70/30 ownership of joint venture, respectively

* Weatherford International Plc - Schlumberger will manage joint venture and consolidate it for financial reporting purposes

* Weatherford International Plc says Weatherford will receive a one-time $535 million cash payment from Schlumberger Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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