Will be interesting to see if directional drilling becomes a hot...

Will be interesting to see if directional drilling becomes a hot topic. DDH has lots of DD IP I would expect, and sitting at a price under an EBITDA/EV of 3x. And the Devico deal was 12x or so??? I don't think there will be a takeover of DDH by IMD, as they are a driller, but there will be a lot of scope to make some mutually beneficial deals I would imagine, as there is no point DDH missing out in other territories. Somebody please tell me if I am wrong.