I think higher ng prices right now would be great but probably not alot of direct relevance to qec and it's sp today or even in the short term. Much has been said about where ng prices are going in the medium to long range future, and that is up. If we accept the projection that oil is headed back up, eventually to the levels of a year ago when it hit $147 then the connect between oil and ng will kick in. You are right Life - as the price of ng is low, more and more industries will favorably consider conversion to it and that will result in higher demand and higher prices. And then there is the trending in the US in particular where for environmental reasons and reasons of national security and jobs they will more and more be switching over to ng for a wide variety of uses. Again = higher demand in the future.

Fortunate for qec, all indicators for ng are higher in the time line that they expect to bring some producing wells online. In the meantime good to leave all that ng in the ground for now - money in the bank.

Cheers all

Inceptus