Without going back through the last few reports, as far as I...

Without going back through the last few reports, as far as I remember, "Energy" drilling make up only a small portion of their overall drilling diversity (but please check).

More importantly is the ~$500,000 recently borrowed per rig, so that the company can continue to "operate". Again, another line crossed, with that ever elusive market recovery out there in the future (2016/17?). The Debt junky is at it again, borrowing cheap available money!! Can't blame them, but just as they need to borrow now to stay afloat, they'll need another equity hit, to put rigs back out.

On a side note, MDI (on the TSX) after closing down Australia and DRC operations, made the acquisition a underground drilling company. Though revenues and margins are off, they continue to be profitable. SP hit by confidence in the market, like everyone else.