Mr. Speaker, as I have mentioned, we've had two meetings. The partners have had two meetings with Imperial Oil on this matter. Imperial acknowledges that the use of hydro for compression is technically feasible. They have questions about the economics of it. They did give the northern partners some information. In our view, there were some flaws in it. Our people in the NWT Energy Corporation and Sahdae Energy are looking at those responding and noting where the flaws are. As soon as they have completed that work, they will hold another meeting with Imperial.
Mr. Speaker, we don't have a deal yet, but we are certainly negotiating toward that. Depending on how the federal government lays out its plan in response to Kyoto targets, this could change considerably and make this a very feasible project, both economically, technically and in terms of our emissions in the Northwest Territories and probably benefit the company. Thank you, Mr. Speaker.