The costs are increasing now, and rig rates are going up. It's a globally competitive industry, and one of the constraints right now is actually ensuring that the rates on the global markets—[Technical difficulty--Editor]— Day rates for rigs have gone up from approximately $150,000 per day to up to over $400,000 a day. So that's one significant cost of exploration.
On October 23rd, 2006. See this statement in context.