Thank you very much.
Let me just explain perhaps what has occurred in the licensed area that contains the structure known as “Old Harry”. It's an exploration licence that was issued to Corridor Resources some time ago and is within the Newfoundland and Labrador offshore area only.
The only activity that has occurred to date is that quite recently, back in October, Corridor Resources carried out a geo-hazard survey, a shallow seismic survey to look at the sediments immediately beneath the seabed. There has been no application to drill a well, and if there is a plan to drill a well, then Corridor Resources will be required to carry out an environmental assessment of what the results would be of drilling that well.
But as I say, at this point in time we have not received an application to drill a well. When we do, we will require the environmental assessment to be done, and it will take into account all the property, all the area that is surrounding. And that's not only in the Newfoundland area, but it will take into account, for example, the fisheries you mentioned, which are so very important to the people in the Îles de la Madeleine.
There was a strategic environmental assessment done of the entire area that contains that licence back a number of years ago, and there was some cooperation at that time, of course, as there always is, with other jurisdictions. It was done before my time at the board, so I'm not personally familiar with it, but I do believe that it was comprehensive and that people from Quebec were engaged in that effort.
Again, just to recap, there has been no well drilled in that area, and there won't be one until an environmental assessment is done and unless an environmental assessment concludes that the well can be drilled without preventing undue hazards to the environment.