This is excellent news all around. The stock was still trading around 2$ CAN in Oslo when I checked. Since commercial development slated for Q3 in 2010 I say that we should be doing well in the future. They have also accelerated plans for two pilot horizontal wells with one expected to spud early in Q4. More good news to come for sure. Also we have a corporate presentation today at 10 EST. For those of you who want to see the slides before the presentation you can get them at:

http://www.newsweb.no/newsweb/attachment.do?name=222051_090901_QEC_Presentation(2).pdf&attId=69842

Interestingly, QEC does not have them available at their website.

Cheers to all.

Johnyboy