QEC is also listed under the Oslo exchange. NOK is the Norwegian Kroner...the exchange rate is around

1 CAD = 5.5 NOK

Hope that helps! Of course, that 40NOK they give, was when the exchange rate was 1 CAD = 5.0 NOK(fyi)

Rocco:)

In regards to your other question. I own Gastem as well. Low outstanding shares, only a 25M market cap, but has a 20% interest in the play with Forest and QEC, and also great land in the NY shale. When I asked their IR about NY, they said they expect similar results in NY that they got with Forest in the Utica. I like GMR because there land has been drilled on thus far with good results, and if they are sitting on 4tcf as Forest said, and own a 20% interest, then they're looking at huge upside. Plus NY. It's the surest of all other plays you mentioned in my books, until more drilling has been done on the others. All these plays could be big, but taking in account the facts, I see GMR and QEC to be solid right now.