Union Drilling, Inc. (UDRL)

DarkToast (< 20) Submitted: 6/27/08 12:43 PM : Start Price: $17.78 UDRL Score: -11.49

Oil and Natural gas are heavily in favor right now. Companies that provide services to oil and gas explorers have been doing exceptionally well over the last 6 months. I think this trend will continue, as the high price of oil and gas propel exploration. This company has a heavy focus on shale, which will be some of the biggest growing fields in the U.S. Listening to the KOG analyst conference call, one thing that stuck out was the fact that all available drilling rigs in the U.S. were in use. Union has all of their 71 rigs running all the time.

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