Welcome to Saskatchewan. Alberta has turned to the NDP.

A rather sobering thought and to judge from the response by the TSX Energy sector, not so well received there. After all the NDP is traditionally a tax and spend party, in that they tax whomever they think has the money (corporations and the so-called rich) to spend on any number of pet projects that normally benefit unions, social causes, and nothing that earns money that it needs to pay the bills.

What the election has brought in Alberta is uncertainty and money hates uncertainty. It prefers the "no surprises" type of business and political environments.

Saskatchewan's energy sector is going to benefit from this. They have probably the best environment in North America for oil and gas exploration, but the majority of the activity over the past 40 or so years has been in Alberta. So look for an increase in activity in Saskatchewan's oil patch as the money heads east to greener pastures.

Bayhorse and Saturn should be the immediate beneficiaries. Now that the road restrictions have been lifted, Spudding-in of the first "Wildcat Oil Well" is only days away on Bannock Creek, and results from the recent seismic on Little Swan is imminent.

Bannock Creek and Little Swan. 1,500 Square Km (650 square miles) of highly prospective, light, sweet, crude oil ground.

Oil Price has recovered. WTI has recovered to approximately US$60/barrel and the projected costs per barrel from the well is approximately C$25/barrel. Costs to drill and complete the conventional well to 3,000 feet, the Red River formation where the oil is, in this lower cost environment, is C$500,000

Welcome to Saskatchewan the signs say. Lower real estate prices, good solid government, lots of oil and the best oil exploring and producing sector in North America.