Sec Form 3 Filing - NABORS INDUSTRIES LTD @ C&J Energy Services Ltd. - 2015-03-24

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person NABORS INDUSTRIES LTD 2. Issuer Name and Ticker or Trading Symbol C&J Energy Services Ltd. [ CJES] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) CROWN HOUSE SECOND FLOOR, 4 PAR-LA-VILLE ROAD 3. Date of Earliest Transaction (MM/DD/YY) 03/24/2015 (Street) HAMILTON, D0HM08 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares, par value $0.01 per share 62,542,404 ( 1 ) ( 2 ) ( 3 ) I By Nabors International Management Limited ( 1 ) ( 2 ) ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other NABORS INDUSTRIES LTD CROWN HOUSE SECOND FLOOR 4 PAR-LA-VILLE ROAD HAMILTON, D0HM08 X Signatures /s/ Mark D. Andrews, Corporate Secretary, Nabors Industries Ltd. 03/24/2015 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Pursuant to a Separation Agreement, dated as of June 25, 2014 (as amended from time to time, the "Separation Agreement"), by and between Nabors Industries Ltd. ("NIL") and Nabors Red Lion Limited ("Red Lion"), Nabors International Management Limited ("NIML"), a wholly owned subsidiary of NIL, held 62,542,404 common shares of Red Lion, par value $0.01 per share (the "Subject Shares") on March 24, 2015 immediately following the closing of the merger (the "Merger") of Nabors CJ Merger Co. ("Merger Sub"), a direct wholly owned subsidiary of Red Lion, with and into C&J Energy Services, Inc. ("C&J"), pursuant to that certain Agreement and Plan of Merger, dated as of June 25, 2014 (as amended from time to time, the "Merger Agreement"), by and among NIL, Red Lion, Merger Sub, CJ Holding Co. and C&J. ( 2 )At the effective time of the Merger, Red Lion was renamed "C&J Energy Services Ltd." Pursuant to Rule 12g-3(a) under the Exchange Act, Red Lion is the successor issuer to C&J, and Red Lion's Common Shares are deemed to be registered under Section 12(b) of the Exchange Act. Red Lion's Common Shares have been approved for listing on the NYSE will begin trading under the ticker symbol "CJES" on March 25, 2015. ( 3 )NIML is a partnership organized under the laws of Bermuda, and interests in NIML are held directly by NIL and Nabors Holdings Ltd. ("NHL"), a direct wholly owned subsidiary of Nabors Global Holdings II Limited ("NGHL"), which is a direct wholly owned subsidiary of Nabors Blue Shield Ltd. ("NBSL"), itself a direct wholly owned subsidiary of NIL.

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