Thank you very much.
Mr. McMillan, the previous presentations have shown us that oil sands development in the west was a long-term investment, given that it is done over a very long period of time compared to shale oil development, for example in North Dakota. Certain factors have an impact on production. There's been a slowdown in production of the oil sands here in Canada.
Has the changing barrel price had a significant effect in terms of slowing down shale oil production in North Dakota?
Is the impact significantly increased by the fact that developing this type of oil in North Dakota is much riskier and more short term?
