Hi Denby,

Like yourself I am very aware of the environmental forces at play and how they might adversly affect a carbon based company like CLL. At the AGM (which is available on their website) I asked a question about their environmental strategy and focus at about the 1 hour and 1 minute point of the webcast.

In summary their response was:

• they have the most environmental friendly plant in the business;
• they recycle between 97 - 98% of the subsurface nonpotable water that they consume;
• they have a very small footprint for the plant and piping network;
• they are developing wetlands for ducks;
• they are trying to be proactive and anticipate environmental regulatory issues;
• they are the best water users in the oilsands;
• the plant is neat and clean and is located in a recent fire burn area;
• in Montana they have reduced sulphur by 1/200's; and
• they are trying to anticipate Government regulations and provide input into them when asked.

I think most of us longs are very aware that this area can be an "achilles heel" of the idustry and it is nice to see that the Alberta government is trying to answer some of these concerns such as expressed by the US Mayors through reasoned rebuttal.

At the moment I am comfortable where the company is, but believe that they need to continue "walking the talk" and be seen as the cleanest oilsands operator around.