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Sell-Side Piles On Predictions Of An Impending Drop In Domestic Rig Count

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July 10, 2012

It’s beginning to sound like an auction. Sell-side downgrades are coming to the land drilling sector with the rapidity of an auctioneer’s chant. Each week produces another dim view for the sector. Original bidding for the U.S. land sector started 2012 calling for an increase of 7 to 10% in 2012 rig count based on projections ...

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