[PAR35]

It is being projected that the U.S. oil rig count will decline by 15 percent in the first quarter of 2015 alone.

Number sounds low to me. Real low.

[thackney]

It is being projected that the U.S. oil rig count will decline by 15 percent in the first quarter of 2015 alone.

Number sounds low to me. Real low.

Since it is already down 15% from last year's high, they must mean ANOTHER 15% in the next few months.

http://phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-reportsother

aetr