There is a sense that there is oil and gas potential in what we call the “wedge” in terms of the maritime dispute on the boundary. We do have Canadian leased licences in that area, but there has been imposed work prohibition on those licences for a couple of decades now. We won't see activity, presumably, until we have that maritime dispute.... But there's no pressure from industry currently to actively explore that region.
On May 10th, 2012. See this statement in context.