Strategically located in terms of geology, this property, held 100% by Junex, is covered by more than 200 line-kilometers of seismic data. Two older stratigraphic wells drilled near the property allow for the forecasting of a thickness of about 1,000 meters for the Utica Shale on the property. Furthermore, its proximity to the St-Flavien gas field and the St-Edouard No. 1A well (IP of 12 mmcf/d according to Questerre Press Release issued on February 23, 2010) places this property in the top ranking of Junex's priorities for 2010.

The two wells planned to be drilled in 2010 have as a primary objective the coring and evaluation of the Utica in this overthrust zone. The secondary objective is the evaluation of the Trenton-Black-River whose top is forecast at depths of about 1,800 meters. The first well will spud after spring break-up.

http://www.rigzone.com/news/article.asp?a_id=88661

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Think we will get much news. I've also read about BP, Statoil, Conoco and others who ramp up and buy more shale land and companies.