Just the small house cleaning with regards to the conference call, cash and credit availability for Q3/2008 and 2009 capital expenditure (CAPEX) and maintenance.

It has been posted that they have $300M US which CLL can exchange to $CAD and make the exchange gain.

To clarify, CLL does not have the $300M US.

What is left from the $600M Notes is about $200M of working capital on Non Restricted Acct and $34M in the interest reserve acct (which will be disposed at the end of the year to NOTE holders.

The potential gain on the exchange was entertain by DG in relation to Cross Currency SWAP on half (300M) of $600M loan which was enter as a insurance policy.

In addition to $200M in working capital they have $187M in line of credit which is reminder from $200M Revolving Credit Facility.

Total available----$387M

As we could learn from the conference call CLL is planning to spend $483M.

$110M in Q3/2009 and $373M in 2009. The difference about $100M will be cover from the operational cash flow provided that oil price will not stay below $65 for the prolong (whatever it means) time.

In addition to Algar CLL will spend:

$26M for MRC, $28M for conventional Oil and NG production and $28M for POD1. As per Q&A projected long term maintenance for POD1 --$20M annually.

This is all for now because I am getting headache from all these numbers.

So quiet on the board. What is the mater with you guys?. Grey Cup hangover?