Nabors Expands Its Board, Appointing Howard Wolf as a Director

HAMILTON, Bermuda, April 4, 2013 /CNW/ - Nabors Industries Ltd. (NYSE:NBR) 
today announced that its Board of Directors has expanded the Board to eight 
members from the current seven and subsequently appointed Howard Wolf to fill 
the newly created vacancy. 
Mr. Wolf is a former senior partner with the law firm of Fulbright & Jaworski 
L.L.P. where he practiced from 1959 until his retirement from the firm in 
2003.  While practicing at Fulbright, he chaired the Committee on Securities 
and Investment Banking, as well as the Section on Corporation, Banking and 
Business Law of the State Bar of Texas.  His practice involved a number of 
industries, including extensive work in the energy industry, and was primarily 
focused on corporate and securities matters, including mergers and 
acquisitions, finance, international law and restructuring.  He chaired the 
firm's Corporate department from 1977-84. Mr. Wolf has also served on or 
chaired a number of public, private and charitable boards of directors – 
including Stewart & Stevenson and Offshore Logistics – and as a partner of 
various companies.  He currently serves on the board of Simmons & Company 
International, a private investment banking and securities firm specializing 
in the energy industry. 
Mr. Wolf is a founding partner of Lobo Leasing, a helicopter leasing company; 
a director and part owner of Recovery Direct, Inc., a producer of films and 
videos used in the treatment of substance abuse, and of Orleans Capital 
Management, an investment management company; and acting Chairman of Falcon 
Seaboard Company, a private investment company focused on the energy, 
technology, real estate and agriculture sectors.  He received a Bachelor of 
Business Administration and a JD, with honors, from The University of Texas at 
Austin. 
Tony Petrello, Nabors' Chairman and CEO, commented, "Howard's appointment to 
the Board reflects our ongoing commitment to adding qualified independent 
voices with diverse experience and backgrounds. His years working with our 
industry and advising as well as serving on boards will provide valuable 
experience and insight. His appointment also reflects a collaborative approach 
with our shareholders. We are pleased to welcome Howard to the Board." 
About Nabors The Nabors companies own and operate approximately 474 land 
drilling rigs throughout the world and approximately 548 land workover and 
well servicing rigs in North America.  Nabors' actively marketed offshore 
fleet consists of 36 platform rigs, 12 jackup units and 4 barge rigs in the 
United States and multiple international markets. In addition, Nabors is one 
of the largest providers of hydraulic fracturing, cementing, nitrogen and acid 
pressure pumping services with approximately 805,000 hydraulic horsepower 
currently in service.  Nabors also manufactures top drives and drilling 
instrumentation systems and provides comprehensive oilfield hauling, 
engineering, civil construction, logistics, and facilities maintenance and 
project management services. Nabors participates in most of the significant 
oil and gas markets in the world. 
For further information, please contact Dennis A. Smith, Director of Corporate 
Development & Investor Relations, at 281-775-8038. To request investor 
materials, contact Nabors' corporate headquarters in Hamilton, Bermuda at 
441-292-1510 or via email at mark.andrews@nabors.com. 
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SOURCE: Nabors Industries Ltd. 
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CO: Nabors Industries Ltd.
NI: OIL UTI 2575 WNEWS  
-0- Apr/04/2013 20:57 GMT