RE: RE: RE: Time to add 6 drill rigs minimumCompelling, not compellable.
Anyway, this is a very tough time to get 'attractive' financing from any bank, anywhere.
They are raising borrowing standards and are very paranoid about the bottom line.
All the bailouts have NOT improved liquidity to the end customers, only to prop up the banks.
I'm afraid that this is the environment we are stuck with.
Who know how tough things might be in 6 months or so to get extra capital.
Regards
Ed