BEPPEG

M. Binnions interview on BNN today:

* Quebec still in development phase

* positives - one of largest shale plays in NA, next to existing pipeline, low royalties

* typical shale gas starts strong for 2-3 years, pays off cap investment, then up to 50 years flows at profit

* Saskatchewan operations improving production generating cash flow

* QEC has strong analyst support - buy recommendations

* current testing will produce results throughout 2009

* pilot production in 2010

* full field production in 2011

* cash on hand to look after capex for both 2009 and 2010

As always M. Binnion exudes confidence and positive outlook. Good interview.

Cheers

Inceptus