the energy giant offered a cautious outlook, particularly for north koreaamerica. paul gis guard said they believe recovering u.s. land drilling will quote, be pushed out in time as inventory of uncompleted wells drilled and fracking expands. and why they have plunged by 50% since the fall and eog and ante darko and apache have drilled thousands of future wells before idling them. but with crude prices so low they have held off before fracking them that releases the oil and gas from the earth. it is the growing backlog of uncompleted wells that could slow the pef oil recovery. >> we are close to a bottom. as we start to see a recovery, it will be gradual. and there is an inventory of drilled but uncompleted wells that are the first priority for the oil companies. >> for that reason said shoemaker, it isn't until next year tha for drilling rigs begins to pick up in a meaningful way. for "nighlty business report," i'm morgon brennan. >>> and still ahead, the very big business of boxing and the money behind the match-up being called the fight of the century. >>> here