Document:

September 28, 2005

Jaguar Acquisition Corporation
1200 River Road, Suite 1302
Conshohocken, Pennsylvania 19428

                  Re: Jaguar Acquisition Corporation ("Company")
                      ------------------------------------------

Gentlemen:

                  Each of the undersigned hereby waives his/its right to
exercise conversion rights with respect to any shares of the Company's common
stock owned by the undersigned, directly or indirectly, and agrees that he/it
will not seek conversion with respect to such shares in connection with any vote
to approve a business combination (as is more fully described in the Company's
Prospectus relating to the Company's initial public offering).

                               Very truly yours,

                               SAPPHIRE CANYON INVESTMENTS LLC

                       By:   /s/ Jonathan Kalman
                           -------------------------------
                           Name:  Jonathan Kalman
                           Title: President

                           CORL LLC

                       By:   /s/ C. Richard Corl
                           -------------------------------
                           Name:  C. Richard Corl
                           Title: President

                           JSC GROUP HOLDINGS LLC

                       By:   /s/ James S. Cassano
                          --------------------------------
                          Name:  James S. Cassano
                          Title: President

                          FA HOLDINGS, LLC

                       By:   /s/ William J. Westervelt, Jr.
                          --------------------------------
                          Name:  William J. Westervelt, Jr.
                          Title: President

                           /s/ John Hoey
                          ---------------------------
                          John Hoey

                          /s/ David W. Tralka
                          ---------------------------
                          David W. Tralka

                          /s/ Robert Moreyra
                          ---------------------------
                          Robert Moreyra

                          /s/ Peter Collins
                          ---------------------------
                          Peter CollinsExhibit 10.15

                               SECOND AMENDMENT TO
                               -------------------
                     REVOLVING CREDIT AND SECURITY AGREEMENT
                     ---------------------------------------

         THIS SECOND AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT (this
"Amendment") is made and entered into effective as of the 15th day of August,
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; AMENDMENT OF CERTAIN DEFINITIONS.
Effective as of the date hereof, the definitions of "Commitment Percentage",
"Fee Letter", "Fixed Charge Coverage Ratio" and "Maximum Revolving Advance
Amount" contained in Section 1.2 of the Credit Agreement are hereby amended and
restated in their entirety to read as follows:

                  "'Commitment Percentage' of any Lender shall mean the
         percentage set forth below such Lender's name on the signature page of
         the Second Amendment as same may be adjusted upon any assignment by a
         Lender pursuant to Section 16.3(c) hereof.

                  'Fee Letter' shall mean the fee letter dated as of the closing
         date of the Second Amendment among Borrowers and PNC, in form and
         substance satisfactory to PNC.

                  'Fixed Charge Coverage Ratio' shall mean and include, with
         respect to any fiscal period, the ratio of (a) consolidated EBITDA
         minus non-financed Net Capital Expenditures made by Borrowers during
         such period (provided that the amount of such Net Capital Expenditures
         is not less than zero) to (b) all Senior Debt Payments payable on a
         current basis in respect such period, plus cash taxes, dividends and
         distributions paid, each calculated on a consolidated basis; provided,
         however, for the avoidance of doubt, any Advances made to fund Capital
         Expenditures as permitted under Section 7.6 hereof shall be considered
         financed Capital Expenditures.

                  'Maximum Revolving Advance Amount' shall mean $60,000,000."

         2.02   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
"Second Amendment" thereto in its proper alphabetical order as follows:

                  "'Second Amendment' shall mean that certain Second Amendment
         to Revolving Credit and Security Agreement dated as of August 15, 2005
         executed by and between Borrowers, PNC and the Lenders."

         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 $35,000,000
         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."

                                  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 the following documents, each in form and
substance satisfactory to Agent and its legal counsel:

                  (i) this Amendment duly executed by Borrowers;

                                      -2-

                  (ii) each amended and restated Note duly executed by Borrowers
         in favor of each Lender; and

                  (iii) a legal opinion from counsel to Borrowers in form and
         substance satisfactory to Agent.

         (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.

         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

                                      -3-

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

                                      -4-

         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 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

                                      -5-

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:   CFO
                                 -----------------------------------------------

                            THORNTON DRILLING COMPANY

                           By:      /s/ DAN E. STEIGERWALD
                              --------------------------------------------------
                           Name:    Dan E. Steigerwald
                                ------------------------------------------------
                           Title:   CFO
                                 -----------------------------------------------

                           UNION DRILLING TEXAS, LP

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

                           By:  /s/ DAN E. STEIGERWALD
                              --------------------------------------------------
                           Name:Dan E. Steigerwald
                                ------------------------------------------------
                           Title:   CFO
                                 -----------------------------------------------

                           AGENT AND LENDER:

                           PNC BANK,
                           NATIONAL ASSOCIATION

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

                           Commitment Amount:                        $27,500,000
                           Commitment Percentage:                  45.833333333%

                           LENDERS:

                           DIVERSIFIED BUSINESS CREDIT, INC.

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

                           Commitment Amount:                     $12,083,333.33
                           Commitment Percentage:                  20.138888883%

                           N M ROTHSCHILD & SONS LIMITED

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

                           By:  /s/DAVID STREET
                             ---------------------------------------------------
                           Name:    David Street
                                ------------------------------------------------
                           Title:   Director
                                  ----------------------------------------------

                           Commitment Amount:                     $12,083,333.33
                           Commitment Percentage:                  20.138888883%

                           NATIONAL CITY BANK OF PENNSYLVANIA

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

                           Commitment Amount:                      $8,333,333.34
                           Commitment Percentage:                  13.888888900%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]