Thank you, Mr. Speaker. There have been assessments done of the oil potential in the Sahtu and, in fact, in the Northwest Territories. We continue to move forward with the development of an Oil and Gas Strategy for the Northwest Territories. We are also going to conduct some work on the corridor concept down the Mackenzie

Valley,

communication,

energy,

transportation corridor. Of course, we’ve had the Mackenzie Gas Project that currently is on the shelf but our hope is that at some point in time Mackenzie gas will see market and we will get it out of the Beaufort-Delta. We have to look at this corridor concept and the fact that it can bring great economic potential all the way down the valley and into the Beaufort-Delta.