Philip Choyce: Yes, I think certainly compared to the guidance that we have provided in the past because I think in the past, we had not really spoken much about them because we didn’t know until – what their plans would be until we saw what they did this quarter. And with them accepting those mandatory offers that certainly accelerates kind of the debt pay-down. It’s beginning now as opposed to really in March of next year.
Jeff Robertson: Thank you very much.
Anthony Gallegos: Thank you, Jeff.
Operator: Thank you. And our next question today comes from John Daniel with Daniel Energy Partners. Please go ahead.
John Daniel: Hey guys. Thank you. Anthony, I apologize, I missed part of the prepared remarks. Can you tell me what the working rig count is today?
Anthony Gallegos: We have 14 rigs today earning revenue, ICD, one of them on early term, or on standby, rather.
John Daniel: Okay. But 14 rigs are turning to the right or 13?
Anthony Gallegos: 13 are turning to the right.
John Daniel: Perfect. Okay. And Don asked some pretty good questions. I am going to follow-up with – a little add on to his. But I know you mentioned some of the incremental rigs that you are going to deploy likely go to private operators. But I am curious, you guys are probably pretty busy getting ready for earnings and all that. But if you listen to all of the E&P earnings calls last week and so far this week, the majority of them are saying flat activity maybe bleeds a little bit lower. And so I am curious as your sales guys are getting inquiries from customers, how often are you catching any disconnects where the E&Ps are publicly saying one thing, but they are calling you and asking something else? And obviously, you don’t want to give names, but I am just curious your thoughts.
Anthony Gallegos: Yes. No problem, John. I wouldn’t say it’s a disconnect, I think it’s just more of a perspective into the market. We are not working for any of the super majors today, although we have in the past. And so we are into these discussions, it’s with large independents and especially on the private side. And the opportunities that we are pursuing with the large independents, for the most part, are high-grade opportunities where they have an underperforming rig or a rig that may have lesser capability than a rig that we have, we can offer. And those are the opportunities with the independents, where we do see – or we are seeing the incremental adds is more with the privates. And we talked about that earlier in the call.
As I look out over third quarter and certainly by the end of the year, where I see three rigs going back to work, two of those are 300 Series rigs that we have that we are working just a couple of months ago. We probably put another 200 Series out. The question is, do we upgrade it or not to 300 Series capability, and that’s going to depend on the requirement that we are pursuing and whether or not we think we can get paid for it. So, I wouldn’t say there is as much of a disconnect, it’s just where we fit into the market with those three classes of customers.
John Daniel: Okay. If you go back the last several months, you were probably more clairvoyant than others with respect to the Haynesville rig count where it might trough? And if you use baker as your proxy, I think it’s low-40s right now. And I think it was in the low-70s when times were hopping. Where do you think we hit in ‘24? What would the inquiry suggest we could be at in ‘24?
