decision. www.jpmorganmarkets.com EFTA00301083 J. David Anderson, PE. CFA Figure 1: US Land Rig Count 2.500 ti Hor Oil Veil Oil lHor Gas to Dir Gas 2000 —%Hor/Dir 1.500 1.000 500 0 C' Oa. 41# 0 .O .O 4% 4. # # I # I& I I I / 1 North America Equity Research 12 June 2014 Hallibur