Union Drilling Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	0.007M	0.007M	0.007M	7.667M	0.007M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	41.65M	45.76M	36.39M	33.74M	34.77M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory	0.782M	0.832M	1.067M	1.067M	1.241M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses	1.99M	3.027M	1.353M	1.592M	1.799M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	45.67M	50.86M	39.90M	45.25M	39.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment	518.96M	501.60M	566.61M	540.69M	516.07M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation	222.56M	212.17M	272.92M	262.39M	250.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	296.40M	289.43M	293.68M	278.30M	265.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	0.904M	0.979M	1.055M	1.13M	1.205M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	0.686M	0.743M	0.799M	0.632M		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	297.99M	291.15M	295.54M	280.06M	266.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	343.66M	342.01M	335.44M	325.31M	305.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt					0.10M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	19.23M	21.51M	18.00M	16.02M	16.87M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	9.252M	10.81M	10.69M	11.01M	9.052M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities	0.771M	1.057M	0.365M	0.645M	0.662M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	29.54M	33.50M	29.20M	27.73M	26.69M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	81.67M	67.88M	69.40M	60.83M	38.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax	42.40M	42.97M	41.49M	41.98M	42.29M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities				0.262M	0.257M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	124.08M	110.86M	110.89M	103.07M	81.36M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	153.62M	144.36M	140.09M	130.80M	108.04M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	22.12M	23.15M	23.19M	23.19M	23.19M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.252M	0.252M	0.252M	0.252M	0.252M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	172.78M	172.46M	171.80M	171.57M	171.22M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	33.61M	35.83M	33.77M	33.15M	36.58M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	16.60M	10.89M	10.46M	10.46M	10.46M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	190.04M	197.66M	195.35M	194.51M	197.60M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	343.66M	342.01M	335.44M	325.31M	305.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro