Document:

Exhibit 10.14

                     FORM OF INDEMNITY AGREEMENT (DIRECTORS)

         THIS AGREEMENT is made and entered into as of August 3, 2005 by and
between Union Drilling, Inc., a Delaware corporation (the "Corporation"), and
              ("Agent").

                                    RECITALS

         WHEREAS, Agent performs a valuable service to the Corporation in his
capacity as a Director of the Corporation;

         WHEREAS, the stockholders of the Corporation have adopted bylaws (the
"Bylaws") and Certificate of Incorporation (the "Certificate") provisions
providing for the indemnification of the directors, officers, employees and
other agents of the Corporation, including persons serving at the request of the
Corporation in such capacities with other corporations or enterprises, as
authorized by the Delaware General Corporation Law, as amended (the "Delaware
Law");

         WHEREAS, the Certificate, Bylaws and/or the Delaware Law, by their
non-exclusive nature, permit contracts between the Corporation and its agents,
officers, employees and other agents with respect to indemnification of such
persons; and

         WHEREAS, in order to induce Agent to serve and continue to serve as a
Director of the Corporation, the Corporation has determined and agreed to enter
into this Agreement with Agent;

         NOW, THEREFORE, in consideration of Agent's service and continued
service as after the date hereof, the parties hereto agree as follows:

                                    AGREEMENT

         1. SERVICES TO THE CORPORATION. Agent will serve, at the will of the
shareholders of the Corporation, as a Director of the Corporation or as a
director, officer or other fiduciary of an affiliate of the Corporation
(including any employee benefit plan of the Corporation) faithfully and to the
best of his ability so long as he is duly elected and qualified in accordance
with the provisions of the Bylaws or other applicable charter documents of the
Corporation or such affiliate; provided, however, that Agent may at any time and
for any reason resign from such position.

         2. INDEMNITY OF AGENT. The Corporation hereby agrees to hold harmless
and indemnify Agent to the fullest extent authorized or permitted by the
provisions of the Bylaws, the Certificate and the Delaware Law, as the same may
be amended from time to time (but, only to the extent that such amendment
permits the Corporation to provide broader indemnification rights than the
Bylaws, the Certificate or the Delaware Law permitted prior to adoption of such
amendment).

         3. ADDITIONAL INDEMNITY. In addition to and not in limitation of the
indemnification otherwise provided for herein, and subject only to the
exclusions set forth in Section 4 hereof, the Corporation hereby further agrees
to hold harmless and indemnify Agent:

                  (A) against any and all costs and expenses (including
reasonable attorneys' and accountants' fees and expenses incurred in the
investigation, defense or settlement of any claim), witness fees, damages,
judgments, fines and amounts paid in settlement and any other amounts that Agent
becomes legally obligated to pay because of any claim or claims made against him
in connection with any threatened, pending or completed action, suit or
proceeding, whether civil, criminal, arbitrational, administrative or
investigative (including an action by or in the right of the Corporation) to
which Agent is, was or at any time becomes a party, or is threatened to be made
a party, by reason of the fact that Agent is, was or at any time becomes a
director, officer, employee or other agent of the Corporation, or is or was
serving or at any time serves at the request of the Corporation as a director,
officer, employee or other agent of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise; and

                  (B) otherwise to the fullest extent as may be provided to
Agent by the Corporation under Delaware Law, the Certificate and the Bylaws.

         4. LIMITATIONS ON INDEMNITY. No indemnity pursuant to Section 2 or 3
hereof shall be paid by the Corporation:

                  (A) on account of any claim against Agent for an accounting of
profits made from the purchase or sale by Agent of securities of the Corporation
pursuant to the provisions of Section 16(b) of the Securities Exchange Act of
1934 and amendments thereto (the "Exchange Act"), or any violation of any
federal, state, or foreign statutory laws or regulations prescribing insider
trading or similar provisions of any federal, state, local or foreign law; or

                  (B) if such indemnification is not lawful, and in such case,
only to the extent such indemnification is not lawful.

         5. CONTINUATION OF INDEMNITY. All agreements and obligations of the
Corporation contained herein shall continue during the period Agent is a
director, officer, employee or other agent of the Corporation (or is or was
serving at the request of the Corporation as a director, officer, employee or
other agent of another corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise) and shall continue thereafter so long as Agent
shall be subject to any possible claim or threatened, pending or completed
action, suit or proceeding, whether civil, criminal, arbitrational,
administrative or investigative, by reason of the fact that Agent was serving in
the capacity referred to herein.

         6. PARTIAL INDEMNIFICATION. Agent shall be entitled under this
Agreement to indemnification by the Corporation for a portion of the expenses
(including reasonable attorneys' and accountants' fees and expenses incurred in
the investigation, defense or settlement of any claim), witness fees, damages,
judgments, fines and amounts paid in settlement and any other

                                       2

amounts that Agent becomes legally obligated to pay in connection with any
action, suit or proceeding referred to in Section 2 or 3 hereof in the event
that Agent is not entitled hereunder to indemnification for the total amount
thereof, and the Corporation shall indemnify Agent for the maximum portion
thereof to which Agent is lawfully entitled.

         7. NOTIFICATION AND DEFENSE OF CLAIM. Not later than thirty (30) days
after receipt by Agent of notice of the commencement of any action, suit or
proceeding, Agent will, if a claim in respect thereof is to be made against the
Corporation under this Agreement, notify the Corporation of the commencement
thereof; but the failure so to notify the Corporation will not relieve it from
any liability which it may have to Agent otherwise than under this Agreement, or
under this Agreement, except to the extent the Corporation is directly
prejudiced by such failure to so notify the Corporation. With respect to any
such action, suit or proceeding:

                  (A) the Corporation will be entitled to participate therein at
its own expense;

                  (B) except as otherwise provided below, the Corporation may,
at its option and jointly with any other indemnifying party similarly notified
and electing to assume such defense, assume the defense thereof, with counsel
reasonably satisfactory to Agent. After notice from the Corporation to Agent of
its election to assume the defense thereof, the Corporation will not be liable
to Agent under this Agreement for any legal or other expenses subsequently
incurred by Agent in connection with the defense thereof except for reasonable
costs of investigation or otherwise as provided below. Agent shall have the
right to employ separate counsel in such action, suit or proceeding, but the
fees and expenses of such counsel incurred after notice from the Corporation of
its assumption of the defense thereof shall be at the expense of Agent unless
(i) the employment of counsel by Agent has been authorized by the Corporation,
(ii) Agent shall have reasonably concluded that there may be a conflict of
interest between the Corporation and Agent in the conduct of the defense of such
action or (iii) the Corporation shall not in fact have employed counsel
reasonably satisfactory to Agent to assume the defense of action, in each of
which cases the fees and expenses of Agent's separate counsel shall be at the
expense of the Corporation. The Corporation shall not be entitled to assume the
defense of any action, suit or proceeding brought by or on behalf of the
Corporation or as to which Agent shall have made the conclusion provided for in
clause (ii) above; and

                  (C) the Corporation shall not be liable to indemnify Agent
under this Agreement for any amounts paid in settlement of any action or claim
effected without its written consent, which shall not be unreasonably withheld.
The Corporation shall be permitted to settle any action except that it shall not
settle any action or claim in any manner which would impose any penalty or
limitation on Agent, or any non-monetary obligation, without Agent's written
consent, which may be given or withheld in Agent's sole discretion.

                                       3

         8. EXPENSES. The Corporation shall advance, prior to the final
disposition of any action, suit or proceeding, promptly following request
therefor, all costs and expenses (including without limitation reasonable
attorneys' and accountants' fees and expenses) incurred by Agent in connection
with such action, suit or proceeding upon receipt of an undertaking by or on
behalf of Agent to repay said amounts if it shall be determined ultimately that
Agent is not entitled to be indemnified under the provisions of this Agreement,
the Bylaws, the Certificate or the Delaware Law.

         9. ENFORCEMENT. Any right to indemnification or advances granted by
this Agreement to Agent shall be enforceable by or on behalf of Agent in any
court of competent jurisdiction if (i) the claim for indemnification or advances
is denied, in whole or in part, (ii) no disposition of such claim is made within
thirty (30) days of request therefor, or (iii) the Corporation should fail to
comply with the provisions of Section 8 hereof. Agent, in such enforcement
action, if successful in whole or in part, shall be entitled to be paid also the
expense of prosecuting his claim. It shall be a defense to any action for which
a claim for indemnification is made under Section 2 or 3 hereof (other than an
action brought to enforce a claim for expenses pursuant to Section 8 hereof,
provided that the required undertaking has been tendered to the Corporation)
that Agent is not entitled to indemnification because of the limitations set
forth in Section 4 hereof. Neither the failure of the Corporation (including its
Board of Directors or its stockholders) to have made a determination prior to
the commencement of such enforcement action that indemnification of Agent is
proper in the circumstances, nor an actual determination by the Corporation
(including its Board of Directors or its stockholders) that such indemnification
is improper shall be a defense to the action or create a presumption that Agent
is not entitled to indemnification under this Agreement or otherwise.

         10. NON-EXCLUSIVITY OF RIGHTS. The rights conferred on Agent by this
Agreement shall not be exclusive of any other right which Agent may have or
hereafter acquire under any statute, provision of the Certificate or Bylaws,
agreement, vote of stockholders or directors, or otherwise, both as to action in
his official capacity and as to action in another capacity while holding office.

         11. SURVIVAL OF RIGHTS.

                  (A) The rights of Agent under this Agreement shall continue
after Agent has ceased to be a director, officer, employee or other agent of the
Corporation or to serve at the request of the Corporation as a director,
officer, employee or other agent of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise until any claims which
may be brought against Agent for which indemnification may be sought hereunder
shall be barred by any applicable statute of limitations and shall inure to the
benefit of Agent's heirs, executors and administrators.

                  (B) The Corporation shall require any successor (whether
direct or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Corporation, expressly to
assume and agree to perform this Agreement in the same manner

                                       4

and to the same extent that the Corporation would be required to perform if no
such succession had taken place.

         12. SEPARABILITY. Each of the provisions of this Agreement is a
separate and distinct agreement and independent of the others, so that if any
provision hereof shall be held to be invalid for any reason, such invalidity or
unenforceability shall not affect the validity or enforceability of the other
provisions hereof. Furthermore, if this Agreement shall be invalidated in its
entirety on any ground, then the Corporation shall nevertheless indemnify Agent
to the fullest extent provided by the Certificate, the Bylaws, the Delaware Law
or any other applicable law.

         13.      JURISDICTION AND VENUE.

                  (A) Each of the parties hereto hereby irrevocably and
unconditionally submits, for itself or himself and its or his property, to the
non-exclusive jurisdiction of any Delaware court or federal court of the United
States of America sitting in the State of Delaware, and any appellate court from
any thereof, in any action or proceeding arising out of or relating to this
Agreement or for recognition or enforcement of any judgment, and each of the
parties hereto hereby irrevocably and unconditionally agrees that all claims in
respect of any such action or proceeding may be heard and determined in any such
Delaware court or, to the extent permitted by law, in such federal court. Each
of the parties hereto agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by law. Should any party
institute any action, suit or other proceeding arising out of or relating to
this Agreement, the prevailing party shall be entitled to receive from the
losing party reasonable attorneys' fees and costs incurred in connection
therewith, along with all costs of defense, investigation, preparation, experts
and collection.

                  (B) Each of the parties hereto irrevocably and unconditionally
waives, to the fullest extent it or he may legally and effectively do so, any
objection that it or he may now or hereafter have to the laying of venue of any
suit, action or proceeding arising out of or relating to this Agreement in any
of the courts referred to in Section 13(a). Each of the parties hereto
irrevocably waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such
court.

                  (C) The parties further agree that the mailing by certified or
registered mail, return receipt requested, of any process required by any such
court shall constitute valid and lawful service of process against them, without
the necessity for service by any other means provided by law.

                                       5

         14.      WAIVER OF JURY TRIAL

         BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL
TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND
EXPERT PERSON AND THE PARTIES WISH APPLICABLE LAWS TO APPLY (RATHER THAN
ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A
JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION
OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO
WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO
ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER THIS AGREEMENT.

         15. AMENDMENT AND TERMINATION. No amendment, modification, termination
or cancellation of this Agreement shall be effective unless in writing signed by
both parties hereto.

         16. IDENTICAL COUNTERPARTS. This Agreement may be executed in one or
more counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute but one and the same
Agreement. Only one such counterpart need be produced to evidence the existence
of this Agreement.

         16. HEADINGS. The headings of the sections of this Agreement are
inserted for convenience only and shall not be deemed to constitute part of this
Agreement or to affect the construction hereof.

         17. NOTICES. All notices, requests, demands and other communications
hereunder shall be in writing and shall be deemed to have been duly given (i)
upon delivery if delivered by hand to the party to whom such communication was
directed or (ii) upon the third business day after the date on which such
communication was mailed if mailed by certified or registered mail with postage
prepaid, if to Agent, to his most recent address as set forth in the Company's
records, and if to the Company, to its principal executive offices, or to such
other address as may have been furnished to Agent by the Corporation.

                                       6

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
and as of the day and year first above written.

                                      UNION DRILLING, INC.

                                      By: ______________________________________
                                          Christopher D. Strong, President & CEO

                                      AGENT:

                                      By: ______________________________________
                                          Name:

                                       7

                     FORM OF INDEMNITY AGREEMENT (OFFICERS)

         THIS AGREEMENT is made and entered into as of August 3, 2005 by and
between Union Drilling, Inc., a Delaware corporation (the "Corporation"), and
                ("Agent").

                                    RECITALS

         WHEREAS, Agent performs a valuable service to the Corporation in his
capacity as the [Title of Officer] of the Corporation;

         WHEREAS, the stockholders of the Corporation have adopted bylaws (the
"Bylaws") and Certificate of Incorporation (the "Certificate") provisions
providing for the indemnification of the directors, officers, employees and
other agents of the Corporation, including persons serving at the request of the
Corporation in such capacities with other corporations or enterprises, as
authorized by the Delaware General Corporation Law, as amended (the "Delaware
Law");

         WHEREAS, the Certificate, Bylaws and/or the Delaware Law, by their
non-exclusive nature, permit contracts between the Corporation and its agents,
officers, employees and other agents with respect to indemnification of such
persons; and

         WHEREAS, in order to induce Agent to serve and continue to serve as the
[Title of Officer] of the Corporation, the Corporation has determined and agreed
to enter into this Agreement with Agent;

         NOW, THEREFORE, in consideration of Agent's service and continued
service as after the date hereof, the parties hereto agree as follows:

                                    AGREEMENT

         1. SERVICES TO THE CORPORATION. Agent will serve, at the will of the
Board of Directors of the Corporation, as the [Title of Officer] of the
Corporation or as a director, officer or other fiduciary of an affiliate of the
Corporation (including any employee benefit plan of the Corporation) faithfully
and to the best of his ability so long as he is duly elected and qualified in
accordance with the provisions of the Bylaws or other applicable charter
documents of the Corporation or such affiliate; provided, however, that Agent
may at any time and for any reason resign from such position.

         2. INDEMNITY OF AGENT. The Corporation hereby agrees to hold harmless
and indemnify Agent to the fullest extent authorized or permitted by the
provisions of the Bylaws, the Certificate and the Delaware Law, as the same may
be amended from time to time (but, only to the extent that such amendment
permits the Corporation to provide broader indemnification

rights than the Bylaws, the Certificate or the Delaware Law permitted prior to
adoption of such amendment).

         3. ADDITIONAL INDEMNITY. In addition to and not in limitation of the
indemnification otherwise provided for herein, and subject only to the
exclusions set forth in Section 4 hereof, the Corporation hereby further agrees
to hold harmless and indemnify Agent:

                  (A) against any and all costs and expenses (including
reasonable attorneys' and accountants' fees and expenses incurred in the
investigation, defense or settlement of any claim), witness fees, damages,
judgments, fines and amounts paid in settlement and any other amounts that Agent
becomes legally obligated to pay because of any claim or claims made against him
in connection with any threatened, pending or completed action, suit or
proceeding, whether civil, criminal, arbitrational, administrative or
investigative (including an action by or in the right of the Corporation) to
which Agent is, was or at any time becomes a party, or is threatened to be made
a party, by reason of the fact that Agent is, was or at any time becomes a
director, officer, employee or other agent of the Corporation, or is or was
serving or at any time serves at the request of the Corporation as a director,
officer, employee or other agent of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise; and

                  (B) otherwise to the fullest extent as may be provided to
Agent by the Corporation under Delaware Law, the Certificate and the Bylaws.

         4. LIMITATIONS ON INDEMNITY. No indemnity pursuant to Section 2 or 3
hereof shall be paid by the Corporation:

                  (A) on account of any claim against Agent for an accounting of
profits made from the purchase or sale by Agent of securities of the Corporation
pursuant to the provisions of Section 16(b) of the Securities Exchange Act of
1934 and amendments thereto (the "Exchange Act"), or any violation of any
federal, state, or foreign statutory laws or regulations prescribing insider
trading or similar provisions of any federal, state, local or foreign law; or

                  (B) if such indemnification is not lawful, and in such case,
only to the extent such indemnification is not lawful.

         5. CONTINUATION OF INDEMNITY. All agreements and obligations of the
Corporation contained herein shall continue during the period Agent is a
director, officer, employee or other agent of the Corporation (or is or was
serving at the request of the Corporation as a director, officer, employee or
other agent of another corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise) and shall continue thereafter so long as Agent
shall be subject to any possible claim or threatened, pending or completed
action, suit or proceeding, whether civil, criminal, arbitrational,
administrative or investigative, by reason of the fact that Agent was serving in
the capacity referred to herein.

                                       2

         6. PARTIAL INDEMNIFICATION. Agent shall be entitled under this
Agreement to indemnification by the Corporation for a portion of the expenses
(including reasonable attorneys' and accountants' fees and expenses incurred in
the investigation, defense or settlement of any claim), witness fees, damages,
judgments, fines and amounts paid in settlement and any other amounts that Agent
becomes legally obligated to pay in connection with any action, suit or
proceeding referred to in Section 2 or 3 hereof in the event that Agent is not
entitled hereunder to indemnification for the total amount thereof, and the
Corporation shall indemnify Agent for the maximum portion thereof to which Agent
is lawfully entitled.

         7. NOTIFICATION AND DEFENSE OF CLAIM. Not later than thirty (30) days
after receipt by Agent of notice of the commencement of any action, suit or
proceeding, Agent will, if a claim in respect thereof is to be made against the
Corporation under this Agreement, notify the Corporation of the commencement
thereof; but the failure so to notify the Corporation will not relieve it from
any liability which it may have to Agent otherwise than under this Agreement, or
under this Agreement, except to the extent the Corporation is directly
prejudiced by such failure to so notify the Corporation. With respect to any
such action, suit or proceeding:

                  (A) the Corporation will be entitled to participate therein at
its own expense;

                  (B) except as otherwise provided below, the Corporation may,
at its option and jointly with any other indemnifying party similarly notified
and electing to assume such defense, assume the defense thereof, with counsel
reasonably satisfactory to Agent. After notice from the Corporation to Agent of
its election to assume the defense thereof, the Corporation will not be liable
to Agent under this Agreement for any legal or other expenses subsequently
incurred by Agent in connection with the defense thereof except for reasonable
costs of investigation or otherwise as provided below. Agent shall have the
right to employ separate counsel in such action, suit or proceeding, but the
fees and expenses of such counsel incurred after notice from the Corporation of
its assumption of the defense thereof shall be at the expense of Agent unless
(i) the employment of counsel by Agent has been authorized by the Corporation,
(ii) Agent shall have reasonably concluded that there may be a conflict of
interest between the Corporation and Agent in the conduct of the defense of such
action or (iii) the Corporation shall not in fact have employed counsel
reasonably satisfactory to Agent to assume the defense of action, in each of
which cases the fees and expenses of Agent's separate counsel shall be at the
expense of the Corporation. The Corporation shall not be entitled to assume the
defense of any action, suit or proceeding brought by or on behalf of the
Corporation or as to which Agent shall have made the conclusion provided for in
clause (ii) above; and

                  (C) the Corporation shall not be liable to indemnify Agent
under this Agreement for any amounts paid in settlement of any action or claim
effected without its written consent, which shall not be unreasonably withheld.
The Corporation shall be permitted to settle any action except that it shall not
settle any action or claim in any manner which would impose any penalty or
limitation on Agent, or any non-monetary obligation, without Agent's written
consent, which may be given or withheld in Agent's sole discretion.

                                       3

         8. EXPENSES. The Corporation shall advance, prior to the final
disposition of any action, suit or proceeding, promptly following request
therefor, all costs and expenses (including without limitation reasonable
attorneys' and accountants' fees and expenses) incurred by Agent in connection
with such action, suit or proceeding upon receipt of an undertaking by or on
behalf of Agent to repay said amounts if it shall be determined ultimately that
Agent is not entitled to be indemnified under the provisions of this Agreement,
the Bylaws, the Certificate or the Delaware Law.

         9. ENFORCEMENT. Any right to indemnification or advances granted by
this Agreement to Agent shall be enforceable by or on behalf of Agent in any
court of competent jurisdiction if (i) the claim for indemnification or advances
is denied, in whole or in part, (ii) no disposition of such claim is made within
thirty (30) days of request therefor, or (iii) the Corporation should fail to
comply with the provisions of Section 8 hereof. Agent, in such enforcement
action, if successful in whole or in part, shall be entitled to be paid also the
expense of prosecuting his claim. It shall be a defense to any action for which
a claim for indemnification is made under Section 2 or 3 hereof (other than an
action brought to enforce a claim for expenses pursuant to Section 8 hereof,
provided that the required undertaking has been tendered to the Corporation)
that Agent is not entitled to indemnification because of the limitations set
forth in Section 4 hereof. Neither the failure of the Corporation (including its
Board of Directors or its stockholders) to have made a determination prior to
the commencement of such enforcement action that indemnification of Agent is
proper in the circumstances, nor an actual determination by the Corporation
(including its Board of Directors or its stockholders) that such indemnification
is improper shall be a defense to the action or create a presumption that Agent
is not entitled to indemnification under this Agreement or otherwise.

         10. NON-EXCLUSIVITY OF RIGHTS. The rights conferred on Agent by this
Agreement shall not be exclusive of any other right which Agent may have or
hereafter acquire under any statute, provision of the Certificate or Bylaws,
agreement, vote of stockholders or directors, or otherwise, both as to action in
his official capacity and as to action in another capacity while holding office.

         11. SURVIVAL OF RIGHTS.

                  (A) The rights of Agent under this Agreement shall continue
after Agent has ceased to be a director, officer, employee or other agent of the
Corporation or to serve at the request of the Corporation as a director,
officer, employee or other agent of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise until any claims which
may be brought against Agent for which indemnification may be sought hereunder
shall be barred by any applicable statute of limitations and shall inure to the
benefit of Agent's heirs, executors and administrators.

                  (B) The Corporation shall require any successor (whether
direct or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Corporation, expressly to
assume and agree to perform this Agreement in the same manner

                                       4

and to the same extent that the Corporation would be required to perform if no
such succession had taken place.

         12. SEPARABILITY. Each of the provisions of this Agreement is a
separate and distinct agreement and independent of the others, so that if any
provision hereof shall be held to be invalid for any reason, such invalidity or
unenforceability shall not affect the validity or enforceability of the other
provisions hereof. Furthermore, if this Agreement shall be invalidated in its
entirety on any ground, then the Corporation shall nevertheless indemnify Agent
to the fullest extent provided by the Certificate, the Bylaws, the Delaware Law
or any other applicable law.

         13. JURISDICTION AND VENUE.

                  (A) Each of the parties hereto hereby irrevocably and
unconditionally submits, for itself or himself and its or his property, to the
non-exclusive jurisdiction of any Delaware court or federal court of the United
States of America sitting in the State of Delaware, and any appellate court from
any thereof, in any action or proceeding arising out of or relating to this
Agreement or for recognition or enforcement of any judgment, and each of the
parties hereto hereby irrevocably and unconditionally agrees that all claims in
respect of any such action or proceeding may be heard and determined in any such
Delaware court or, to the extent permitted by law, in such federal court. Each
of the parties hereto agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by law. Should any party
institute any action, suit or other proceeding arising out of or relating to
this Agreement, the prevailing party shall be entitled to receive from the
losing party reasonable attorneys' fees and costs incurred in connection
therewith, along with all costs of defense, investigation, preparation, experts
and collection.

                  (B) Each of the parties hereto irrevocably and unconditionally
waives, to the fullest extent it or he may legally and effectively do so, any
objection that it or he may now or hereafter have to the laying of venue of any
suit, action or proceeding arising out of or relating to this Agreement in any
of the courts referred to in Section 13(a). Each of the parties hereto
irrevocably waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such
court.

                  (C) The parties further agree that the mailing by certified or
registered mail, return receipt requested, of any process required by any such
court shall constitute valid and lawful service of process against them, without
the necessity for service by any other means provided by law.

                                       5

         14. WAIVER OF JURY TRIAL

         BECAUSE DISPUTES ARISING IN CONNECTION WITH COMPLEX FINANCIAL
TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND
EXPERT PERSON AND THE PARTIES WISH APPLICABLE LAWS TO APPLY (RATHER THAN
ARBITRATION RULES), THE PARTIES DESIRE THAT THEIR DISPUTES BE RESOLVED BY A
JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION
OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, THE PARTIES HERETO
WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO
ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER THIS AGREEMENT.

         15. AMENDMENT AND TERMINATION. No amendment, modification, termination
or cancellation of this Agreement shall be effective unless in writing signed by
both parties hereto.

         16. IDENTICAL COUNTERPARTS. This Agreement may be executed in one or
more counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute but one and the same
Agreement. Only one such counterpart need be produced to evidence the existence
of this Agreement.

         16. HEADINGS. The headings of the sections of this Agreement are
inserted for convenience only and shall not be deemed to constitute part of this
Agreement or to affect the construction hereof.

         17. NOTICES. All notices, requests, demands and other communications
hereunder shall be in writing and shall be deemed to have been duly given (i)
upon delivery if delivered by hand to the party to whom such communication was
directed or (ii) upon the third business day after the date on which such
communication was mailed if mailed by certified or registered mail with postage
prepaid, if to Agent, to his most recent address as set forth in the Company's
records, and if to the Company, to its principal executive offices, or to such
other address as may have been furnished to Agent by the Corporation.

                                       6

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
and as of the day and year first above written.

                                           UNION DRILLING, INC.

                                           By: _________________________________
                                               [Name and Title]

                                           AGENT:

                                           By: _________________________________
                                               Name:

                                       7THIRD AMENDMENT TO
                     REVOLVING CREDIT AND SECURITY AGREEMENT

         THIS THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT (this
"Amendment") is made and entered into effective as of the 5th day of October,
2005 (the "Effective Date"), by and between UNION DRILLING, INC., a corporation
organized under the laws of the State of Delaware ("Union Drilling"), THORNTON
DRILLING COMPANY, a corporation originally organized under the laws of the
Delaware, and successor to Thornton Drilling Company, a corporation organized
under the laws of the State of Colorado ("Thornton"), and UNION DRILLING TEXAS,
LP, a Texas limited partnership ("UDT") (Union Drilling, Thornton and UDT,
individually and collectively, jointly and severally, "Borrower" and/or
"Borrowers"), PNC BANK, NATIONAL ASSOCIATION ("PNC"), as agent for the financial
institutions (collectively "Lenders" and each a "Lender"), which are now or
which hereafter become a party to the Credit Agreement (defined below) (PNC, in
such capacity, "Agent") and Lenders.

                             PRELIMINARY STATEMENTS

         A Borrower, Lenders and Agent are parties to that certain Revolving
Credit and Security Agreement dated March 31, 2005 (as amended, supplemented or
modified from time to time, the "Credit Agreement"); and

         B Borrower, Lenders and Agent desire to amend the Credit Agreement and
the Other Documents (as defined in the Credit Agreement, as amended hereby) and
Agent and Lenders are willing to do so subject to the terms and conditions set
forth herein.

         NOW, THEREFORE, in consideration of the premises herein contained and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties, intending to be legally bound, agree as
follows:

                                    ARTICLE I
                                   DEFINITIONS

         1.01 Capitalized terms used in this Amendment are defined in the Credit
Agreement, as amended hereby, unless otherwise stated.

                                   ARTICLE II
                                    AMENDMENT

         2.01 AMENDMENT TO SECTION 1.2. Effective as of the date hereof, Section
1.2 of the Credit Agreement is hereby amended to add a definition of "Suppressed
Availability" thereto in its proper alphabetical order as follows:

                  "'Suppressed Availability' at a particular date shall mean an
         amount equal to (i) the Formula Amount minus (ii) the Maximum Revolving
         Advance Amount."

         2.02 AMENDMENT TO SECTION 4.15(H). Effective as of the date hereof,
Section 4.15(h) of the Credit Agreement is hereby amended and restated in its
entirety as follows:

                  "(h) Establishment of a Lockbox Account, Dominion Account. All
         proceeds of Collateral shall be deposited by Borrowers into either (i)
         a lockbox account, dominion account or such other "blocked account"
         ("Blocked Accounts") established at a bank or banks (each such bank, a
         "Blocked Account Bank") pursuant to an arrangement with such Blocked
         Account Bank as may be selected by Borrowers and be acceptable to Agent
         or (ii) depository accounts ("Depository Accounts") established at the
         Agent for the deposit of such proceeds. Borrowers, Agent and each
         Blocked Account Bank shall enter into a deposit account control
         agreement in form and substance satisfactory to Agent in its Permitted
         Discretion which, among other things, provides that upon notice to the
         Blocked Account Bank after the occurrence of (i) an Event of Default or
         (ii) Borrowers' Suppressed Availability, as determined by Agent, being
         less than or equal to $5,000,000 for any day in the previous calendar
         month (the "Blocked Account Triggering Event"), Agent may direct such
         Blocked Account Bank to transfer such funds so deposited to Agent,
         either to any account maintained by Agent at said Blocked Account Bank
         or by wire transfer to appropriate account(s) of Agent. All funds
         deposited in such Blocked Accounts shall immediately become subject to
         the exclusive control of Agent upon the occurrence of the Blocked
         Account Triggering Event. Borrowers shall obtain the agreement by such
         Blocked Account Bank to waive any offset rights against the funds so
         deposited except as otherwise agreed by Agent. Neither Agent nor any
         Lender assumes any responsibility for such blocked account arrangement,
         including any claim of accord and satisfaction or release with respect
         to deposits accepted by any Blocked Account Bank thereunder. All
         deposit accounts and investment accounts of Borrowers and their
         Subsidiaries are set forth on Schedule 4.15(h)."

         2.03 AMENDMENT TO SECTION 7.6. Effective as of the date hereof, Section
7.6 of the Credit Agreement is hereby amended and restated in its entirety as
follows:

                  "7.6 Capital Expenditures. Contract for, purchase or make any
         expenditure or commitments for Net Capital Expenditures in any fiscal
         year in an aggregate amount for all Borrowers in excess of $45,000,000
         for fiscal year 2005 and $10,000,000 for each fiscal year thereafter,
         provided, however, (i) the annual allowance may be increased by the
         amount of Permitted Equity Issuance Proceeds for such fiscal year, to
         the extent not expended upon Permitted Acquisitions not constituting
         Capital Expenditures and (ii) the annual allowance that is unused
         during any applicable fiscal year may be carried over and used in the
         immediately following fiscal year."

                                      -2-

                                  ARTICLE III
                              CONDITIONS PRECEDENT

         3.01 CONDITIONS TO EFFECTIVENESS. The effectiveness of this Amendment
is subject to the satisfaction of the following conditions precedent, unless
specifically waived in writing by Agent:

                  (a) Agent shall have received this Amendment duly executed by
         Borrowers, in form and substance satisfactory to Agent and its legal
         counsel.

                  (b) The representations and warranties contained herein and in
         the Credit Agreement and the Other Documents, as each is amended
         hereby, shall be true and correct as of the date hereof, as if made on
         the date hereof;

                  (c) No Default or Event of Default shall have occurred and be
         continuing, unless such Default or Event of Default has been
         specifically waived in writing by Agent and Lenders; and

                  (d) All corporate proceedings taken in connection with the
         transactions contemplated by this Amendment and all documents,
         instruments and other legal matters incident thereto shall be
         satisfactory to Agent and its legal counsel and Borrower shall deliver
         to Agent a Secretary's Certificate, in form and substance satisfactory
         to Agent evidencing the same.

                                   ARTICLE IV
                                    NO WAIVER

         4.01 NO WAIVER. Nothing contained in this Amendment shall be construed
as a waiver by Agent or Lenders of any covenant or provision of the Credit
Agreement, the Other Documents, this Amendment, or of any other contract or
instrument among Borrowers, Agent and Lenders, and the failure of Agent and/or
Lenders at any time or times hereafter to require strict performance by Borrower
of any provision thereof shall not waive, affect or diminish any right of Agent
and Lenders to thereafter demand strict compliance therewith. Agent and Lenders
hereby reserve all rights granted under the Credit Agreement, the Other
Documents, this Amendment and any other contract or instrument among Borrowers,
Lenders and Agent.

                                   ARTICLE V
                  RATIFICATIONS, REPRESENTATIONS AND WARRANTIES

         5.01 RATIFICATIONS. The terms and provisions set forth in this
Amendment shall modify and supersede all inconsistent terms and provisions set
forth in the Credit Agreement and the Other Documents, and, except as expressly
modified and superseded by this Amendment, the terms and provisions of the
Credit Agreement and the Other Documents are ratified and confirmed and shall
continue in full force and effect. Each Borrower, Lenders and Agent agree that
the Credit Agreement and the Other Documents, as amended hereby, shall continue
to be legal, valid, binding and enforceable in accordance with their respective
terms.

                                      -3-

         5.02 REPRESENTATIONS AND WARRANTIES. Each Borrower hereby represents
and warrants to Agent and Lenders that (a) the execution, delivery and
performance of this Amendment and any and all Other Documents executed and/or
delivered in connection herewith have been authorized by all requisite corporate
action on the part of such Borrower and will not violate the Articles of
Incorporation or Bylaws or other organization documents or governing documents
of such Borrower; (b) the representations and warranties contained in the Credit
Agreement, as amended hereby, and the Other Documents are true and correct on
and as of the date hereof and on and as of the date of execution hereof as
though made on and as of each such date; (c) no Default or Event of Default
under the Credit Agreement, as amended hereby, has occurred and is continuing,
unless such Default or Event of Default has been specifically waived in writing
by Agent and Lenders; (d) each Borrower is in full compliance with all covenants
and agreements contained in the Credit Agreement and the Other Documents, as
amended hereby; and (e) each Borrower has not amended its Articles of
Incorporation or its Bylaws or other organization or governing documents since
the date of the Credit Agreement.

                                   ARTICLE VI
                            MISCELLANEOUS PROVISIONS

         6.01 SURVIVAL OF REPRESENTATIONS AND WARRANTIES. All representations
and warranties made in the Loan Agreement or the Other Documents, including,
without limitation, any document furnished in connection with this Amendment,
shall survive the execution and delivery of this Amendment and the Other
Documents, and no investigation by Agent or any closing shall affect the
representations and warranties or the right of Agent and Lenders to rely upon
them.

         6.02 REFERENCE TO CREDIT AGREEMENT. Each of the Credit Agreement and
the Other Documents, and any and all other agreements, documents or instruments
now or hereafter executed and delivered pursuant to the terms hereof or pursuant
to the terms of the Credit Agreement, as amended hereby, are hereby amended so
that any reference in the Credit Agreement and such Other Documents to the
Credit Agreement shall mean a reference to the Credit Agreement as amended
hereby.

         6.03 EXPENSES OF AGENT. Each Borrower agrees to pay on demand all
reasonable costs and expenses incurred by Agent and Lenders in connection with
any and all amendments, modifications, and supplements to the Other Documents,
including, without limitation, the costs and fees of Agent's legal counsel, and
all costs and expenses incurred by Agent in connection with the enforcement or
preservation of any rights under the Credit Agreement, as amended hereby, or any
of the Other Documents, including, without, limitation, the costs and fees of
Agent's and Lenders' legal counsel.

         6.04 SEVERABILITY. Any provision of this Amendment held by a court of
competent jurisdiction to be invalid or unenforceable shall not impair or
invalidate the remainder of this Amendment and the effect thereof shall be
confined to the provision so held to be invalid or unenforceable.

         6.05 SUCCESSORS AND ASSIGNS. This Amendment is binding upon and shall
inure to the benefit of Agent, Lenders and each Borrower and their respective
successors and assigns, except

                                      -4-

that no Borrower may assign or transfer any of its rights or obligations
hereunder without the prior written consent of Agent and Lenders.

         6.06 COUNTERPARTS. This Amendment may be executed in one or more
counterparts, each of which when so executed shall be deemed to be an original,
but all of which when taken together shall constitute one and the same
instrument.

         6.07 EFFECT OF WAIVER. No consent or waiver, express or implied, by
Agent and/or Lenders to or for any breach of or deviation from any covenant or
condition by any Borrower shall be deemed a consent to or waiver of any other
breach of the same or any other covenant, condition or duty.

         6.08 HEADINGS. The headings, captions, and arrangements used in this
Amendment are for convenience only and shall not affect the interpretation of
this Amendment.

         6.09 APPLICABLE LAW. THIS AMENDMENT AND ALL OTHER AGREEMENTS EXECUTED
PURSUANT HERETO SHALL BE DEEMED TO HAVE BEEN MADE AND TO BE PERFORMABLE IN AND
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK.

         6.10 FINAL AGREEMENT. THE CREDIT AGREEMENT AND THE OTHER DOCUMENTS,
EACH AS AMENDED HEREBY, REPRESENT THE ENTIRE EXPRESSION OF THE PARTIES WITH
RESPECT TO THE SUBJECT MATTER HEREOF ON THE DATE THIS AMENDMENT IS EXECUTED. THE
CREDIT AGREEMENT AND THE OTHER DOCUMENTS, AS AMENDED HEREBY, MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. NO
MODIFICATION, RESCISSION, WAIVER, RELEASE OR AMENDMENT OF ANY PROVISION OF THIS
AMENDMENT SHALL BE MADE, EXCEPT BY A WRITTEN AGREEMENT SIGNED BY BORROWER,
LENDERS AND AGENT.

         6.11 RELEASE. EACH BORROWER HEREBY ACKNOWLEDGES THAT IT HAS NO DEFENSE,
COUNTERCLAIM, OFFSET, CROSS-COMPLAINT, CLAIM OR DEMAND OF ANY KIND OR NATURE
WHATSOEVER THAT CAN BE ASSERTED TO REDUCE OR ELIMINATE ALL OR ANY PART OF ITS
LIABILITY TO REPAY ANY LOANS OR EXTENSIONS OF CREDIT FROM LENDERS TO BORROWERS
UNDER THE CREDIT AGREEMENT OR THE OTHER DOCUMENTS OR TO SEEK AFFIRMATIVE RELIEF
OR DAMAGES OF ANY KIND OR NATURE FROM AGENT OR LENDERS with respect to matters
relating to the Credit Agreement or the Other Documents. EACH BORROWER HEREBY
VOLUNTARILY AND KNOWINGLY RELEASES AND FOREVER DISCHARGES AGENT AND LENDERS,
THEIR PREDECESSORS, AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, FROM ALL POSSIBLE
CLAIMS, DEMANDS, ACTIONS, CAUSES OF ACTION, DAMAGES, COSTS, EXPENSES, AND
LIABILITIES WHATSOEVER, KNOWN OR UNKNOWN, ANTICIPATED OR UNANTICIPATED,
SUSPECTED OR UNSUSPECTED, FIXED, CONTINGENT, OR CONDITIONAL, AT LAW OR IN
EQUITY, ORIGINATING IN

                                      -5-

WHOLE OR IN PART ON OR BEFORE THE DATE THIS AMENDMENT IS EXECUTED, WHICH
BORROWERS MAY NOW OR HEREAFTER HAVE AGAINST AGENT, LENDERS, THEIR PREDECESSORS,
AGENTS, EMPLOYEES, SUCCESSORS AND ASSIGNS, IF ANY, AND IRRESPECTIVE OF WHETHER
ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT, VIOLATION OF LAW OR REGULATIONS, OR
OTHERWISE, AND ARISING FROM ANY LOANS OR EXTENSIONS OF CREDIT FROM LENDERS TO
BORROWERS UNDER THE CREDIT AGREEMENT OR THE OTHER DOCUMENTS, INCLUDING, WITHOUT
LIMITATION, ANY CONTRACTING FOR, CHARGING, TAKING, RESERVING, COLLECTING OR
RECEIVING INTEREST IN EXCESS OF THE HIGHEST LAWFUL RATE APPLICABLE, THE EXERCISE
OF ANY RIGHTS AND REMEDIES UNDER THE CREDIT AGREEMENT OR ANY OF THE OTHER
DOCUMENTS, AND NEGOTIATION FOR AND EXECUTION OF THIS AMENDMENT.

         [Remainder of Page Intentionally Blank; Signature Pages Follow]

                                      -6-

         IN WITNESS WHEREOF, each of the parties hereto has executed this
Amendment as of the date first above-written.

                                   BORROWERS:

                                   UNION DRILLING, INC.

                                   By:  /s/ DAN E. STEIGERWALD
                                      ------------------------------------------
                                   Name:    Dan E. Steigerwald
                                        ----------------------------------------
                                   Title:   Chief Financial Officer
                                         ---------------------------------------

                                   THORNTON DRILLING COMPANY

                                   By:  /s/ DAN E. STEIGERWALD
                                      ------------------------------------------
                                   Name:    Dan E. Steigerwald
                                        ----------------------------------------
                                   Title:   Chief Financial Officer
                                         ---------------------------------------

                                   UNION DRILLING TEXAS, LP

                                   By:    Union Drilling Texas GP, LLC, its
                                          general partner

                                   By:  /s/ DAN E. STEIGERWALD
                                      ------------------------------------------
                                   Name:    Dan E. Steigerwald
                                        ----------------------------------------
                                   Title:   Chief Financial Officer
                                         ---------------------------------------

                                   AGENT AND LENDER:

                                   PNC BANK,
                                   NATIONAL ASSOCIATION

                                   By:  /s/ MARC MUEHLEMANN
                                      ------------------------------------------
                                   Name:    Marc Muehlemann
                                          --------------------------------------
                                   Title:   Vice President
                                           -------------------------------------

                                   LENDERS:

                                   DIVERSIFIED BUSINESS CREDIT, INC.

                                   By:  /s/ SANDRA M. CRAWFORD
                                      ------------------------------------------
                                   Name:    Sandra M. Crawford
                                          --------------------------------------
                                   Title:   Vice President
                                           -------------------------------------

                                   N M ROTHSCHILD & SONS LIMITED

                                   By:  /s/ CHRISTOPHER COLEMAN
                                      ------------------------------------------
                                   Name:    Christopher Coleman
                                         ---------------------------------------
                                   Title:   Managing Director
                                           -------------------------------------

                                   By:  /s/ CHARLES KEAY
                                      ------------------------------------------
                                   Name:    Charles Keay
                                         ---------------------------------------
                                   Title:   Managing Director
                                         ---------------------------------------

                                   NATIONAL CITY BANK OF PENNSYLVANIA

                                   By:  /s/ SUSAN J. DIMMICK
                                      ------------------------------------------
                                   Name:    Susan J. Dimmick
                                         ---------------------------------------
                                   Title:   Vice President
                                           -------------------------------------

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