No disrespect to your friend but after 20+ years in the oilfield, ever rebound rumor I've heard of seems to kick off in January. In reality when it comes back it's a slow build up and usally starts in the fall after their new budgets go into place. From personal experience I see it being the summer or fall of 2016.Word on the street is that the rebound will begin in January. I can't reveal my sources. Make it until then and you will be fine. Between now and then it will get worse.
Govern wisely and as little as possible~Sam Houston