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Message: Mr. Binnion in Oslo

Hey guys,

Great presentation. Not going to say too much, since JQ covered it. If you're serious about QEC, watcht the presentation!

One other thing, I think a lot of ppl are underestimating the Liard shale. Maybe it's Quebec overshadowing everything. 5mmcf/d on production (10mmcf/d initial), very first well drilled after using Quebec info...that' pretty amazing. I think we're going to see some pretty solid upside from that play as well. They said they will be looking for a partner to help them out even more.

Anywho, lot of confidence coming from the company. The presenation is a must for getting the right idea about what shale plays are about the learning curve.

One other thing of note, is that Canbrium paid $2000/acre with it's partnership with Petroolympic and Gastem. Mr Binnion mentioned how he isn't pleased with the SP. He makes a good point, because QEC's land is definantely of higher quality being on the fairway, and it isn't trading at $2000/acre. If it were valued at that, we would be over to $3/share.

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