Hey,

Sorry I didn't take into account the fact that the Vulcan well rates drop about 30% nearing the end of the year, so yeah I think I over estimated. But I would still assume it has to be over 1300 boed based on new wells and possibly Quebec.

I had a talk with Jason before, and he mentioned to be that people are over looking the significance of the Quebec property. It could be very big if the potential is close to what Talisman has in New York.

Anywho, he mentioned that the market reaction to Nahanni surprised them because the company has built a huge portfolio and it's success isn't dependant upon one well. He also said that they minimized risk by having transeuro pay half the costs. He said they should know in a couple weeks what the final results will be of the Nahanni.

Well anyway, I think that once market conditions calm down and we start to hear of some drilling news within the next few weeks and months, hopefully things will pick back up....and not to mention an increase in gas prices would also help!

Rocco:)