F9 has $500M cash (and falling), $5B in debt (and increasing) and has not made money in straight quarters for awhile. Those are diverging numbers that are not sustainable and have put F9 in substantial financial stress. The SLB gravy train is in serious trouble if F9 is considered a financial risk to banks. The steaming pile of doo-doo that Barry left must be corrected before a contract.

The attitude of “I don’t care about F9’s financial problems. Industry standard contract NOW!!!” is one of looking at the problem with blinders on.