1. Natural gas futures rose 38 cents today to $6.01 USD

2. Sr partner Talisman is at a 52 week high of $20.20. They have their conference call coming up on Monday, Jan 11 where they will announce their capex plans for 2010.

3. Flow test results due out on QEC and other lowland wells within a month.

4. The spillover speculation resulting from both the Exxon and Total deals rising the tide for any "healthy" hunter/producers (like QEC).

5. The Province of Quebec looking all the more positive and supportive as a place to do shale gas business after the turmoils in the state of New York and other jurisdictions in the states where there is mounting opposition to drilling and fracing activity.

It's a great start to the 2010 new year. Can only get better with analysts raising the target price on qec regularily.

Inceptus