Listened to the conference this morning (about 22 minutes). Not much to report.

The executives repeated the info from the Operational and Financial direction NEWS. Main point was to reassure the market that all is well and the Market is grossly over reacting.

Not very many questions. Only one from individual investor. He ask about possible sell of the MRC. The answer was NO because the refinery provides the down turn hedge.

Dg was some what shaky but the back up from other executives was very good.

Finally the common sense prevail and the MRC expansion plans were put were they belong.

I have been advocating this for long time (in the process ruining my chances to win board popularity contest).

The next step is to Sell the non core assets (in right time) and concentrate the financial resorses on the bitumen production .This should line up management interest with the sharholders interest.