Thank you, Mr. Chair.
Good morning, gentlemen. It is a pleasure to welcome you here.
Mr. Ruelokke, I found your presentation very interesting. The citizens of the Magdalen Islands, in Quebec, are very concerned. We are located only 80 km from your field, and this part of Quebec is very dependent on fishing and tourism. We are very close to your coast, only about 100 km away.
You are probably aware that a moratorium has been imposed on all operations until 2012. It has been imposed by the government of Quebec.
People are worried. We want to wait until an environmental and strategic study has been carried out. We want to wait until it is finished. The ecosystems of the Gulf of St. Lawrence are very fragile. The fishing industry is the main industry and it is very important for the population.
There is another concern. We see that Newfoundland and Labrador will get the benefits from this field. Some are wondering if Quebec oil will be pumped out. There might be some impacts, hypothetically.
I wonder why you are allowing Corridor Resources Inc. to operate instead of waiting until the Quebec strategic environmental assessment is finished.