Thank you, Mr. Chair. First of all, this last calendar year, we gave some money to help IRC with an initiative to study the feasibility of regional natural gas reserves in that region, along with the federal government. Canmore chipped in, we chipped in, and the IRCs participated in doing this. I believe that study is coming forward, is going to hopefully have a report to you by May, is my understanding on that.

When we come forward with our petroleum, oil, and gas strategy going forward, there's going to be a portion in there where we want to concentrate on how do we export using our resources for our own people in our own regions. We can't continually just focus on how we were going to constantly export this. We don't know when the price of commodities will come back up and the number of infrastructure dollars that we need to invest in our territory to make this stuff a reality. As we all know, the APG is on hold with their certificate due to low commodity prices and again because of a lack of infrastructure in these regions that make us less competitive. That well said though, we need to focus territorially on how we're going to do that. There are a number of proponents already after we went to the Arctic Energy and Emerging Technologies Conference in Inuvik. They are having a hard look at that region, how they can maybe tap into one of the wells in that region. That's all due to the fact just because of the new Tuktoyaktuk to Inuvik Highway that has opened up that area that makes the cost a little more attractive and maybe bring the price of LNG down, either decompressed or liquefied versus shipping it all the way from northern BC up to there at a competitive price. Those people continue to work on that and update me on their projects, on how that's moving forward.

Member Thompson has asked me lately in the House, as of a couple of days ago, how we can maybe look at how can we use the natural gas in the Cameron Hills. These are the sorts of discussions that are going on. A lot of these are driven by industry. They are not driven by us. We are there to try to support them in the best way we can to be able to lower our costs of living for residents in the Northwest Territories. Thank you, Mr. Chair.