EXHIBIT 23.3

                 NOTICE REGARDING CONSENT OF ARTHUR ANDERSEN LLP

         Section 11(a) of the Securities Act of 1933, as amended (the
"Securities Act"), provides that if part of a registration statement at the time
it becomes effective contains an untrue statement of a material fact, or omits a
material fact required to be stated therein or necessary to make the statements
therein not misleading, any person acquiring a security pursuant to such
registration statement (unless it is proved that at the time of such acquisition
such person knew of such untruth or omission) may assert a claim against, among
others, an accountant who has consented to be named as having certified any part
of the registration statement or having prepared any report for used in
connection with the registration statement. In May 2002, TMBR/Sharp Drilling,
Inc. (the "Company") announced that its Board of Directors, upon recommendation
of its Audit Committee, ended the engagement of Arthur Andersen LLP as Company's
independent public accountants, and engaged KPMG LLP to serve as the Company's
independent public accountants for the fiscal year ending March 31, 2002. For
more information, see the Company's current report on Form 8-K, filed with the
SEC on June 3, 2002.

         After reasonable efforts, we have been unable to obtain the consent of
Arthur Andersen, our former independent public accountants, as to the
incorporation by reference of their report for our fiscal year ended March 31,
2001 into our previously filed registration statements (Nos. 33-46699, 33-89878,
333-32028 and 333-23391) under the Securities Act, and we have not filed that
consent with this registration statement in reliance on Rule 437a of the
Securities Act of 1933. Because we have not been able to obtain Arthur
Andersen's consent, you will not be able to recover against Arthur Andersen
under Section 11 of the Securities Act for any untrue statements of a material
fact contained in our financial statements audited by Arthur Andersen or any
omissions to state a material fact required to be stated therein.