I'm afraid I don't share Michael's opinion. He's a good colleague of mine. Just recently, for example, the government sold six claims in the Beaufort Sea offshore near the continental shelf edge, for a value of $2 billion. I think there will be some exploration, at least for the next 10 years, and not only in the Beaufort Sea. I think the exploration will move also to Baffin Bay and to some regions of the archipelago. Nobody can say what resources will be found, but for the next 10 years at least, there's going to be more intense exploration.
Then, if reserves or deposits are found there, for the next 30 years there's going to be some exploitation. It will not be the new Saudi Arabia, but there are very good chances that they will find something there.