Topics covered: Supply/demand factors, Stocks to worry about, Stock picks, Rising costs, Pressure pumping companies, Overbuilding of deepwater rigs, Outlook for gas prices, Offshore drillers, Mergers and acquisition activity, Land drillers, International business, Impact of new natural gas fields, Gulf of Mexico jackup rig market, Global oil reservoirs supply, Directional drilling, Declining investor interest, Commodity price outlook, Catalysts for future growth