These types of disputes cause frustration and panic. They can also provide a great opportunity. In the coming months we should be able to ease some of their pain, that is if Exxon can get it out of the ground. I am optimistic but I am not counting my chickens before they are hatched either.

Europe will be looking for a much more reliable source of gas for next year and if we can prove up flow rates, our gas might just be the hotest ticket around.

Only a few more months of waiting before some data comes out for us to chew on.

I feel sorry for the european community during this financial and now energy crisis. I hope there is enough fuels to get them through this time of uncertainity.

Best wishes