Fisheries committee  And very interesting questions. I mentioned earlier that we have nine years to work an exploration licence, and nine years to us all seems a long time, but we have to collect—

Fisheries committee  Exactly. We have to collect the data, so we're in a situation, for example, now where Mr. Donnelly is asking us what we are going to do, and I've said we can't really do anything until we understand the results of the National Energy Board's drilling review. So we're trying to

Fisheries committee  We do similar things as well. For example, we put 20 local Inuvialuit through the technical college so that they can start and qualify for some of these on-board observation roles we have, and we employed Inuvialuit locals as our marine mammal observers on our seismic vessels.

Fisheries committee  As soon as we picked up these licences, we were in discussions with the DFO. We have the CEAA. We have the Canadian Environmental Assessment Act requirements. And on top of that, we have the EIA requirement, the environmental impact assessment requirement, as part of any regulato

Fisheries committee  Again, Monsieur Blais, I would come back to the fact that our relationship was with ArcticNet. It was the collaboration with ArcticNet on this program.

Fisheries committee  Much of the data is what we call metocean data. We need to understand the currents, which way the ocean is moving. It's about ice thickness. We need to understand the thickness of the ice. That marine data is very important for us. We also need to understand the baseline levels

Fisheries committee  Mr. Donnelly, again, I'm going to defer trying to answer that question until we've got the results from the National Energy Board's Arctic drilling requirements review. I think that will shed a lot of light on those requirements.

Fisheries committee  Again, I'm sorry to be repetitive, but I think we have to wait until we've got the conclusions of the Arctic drilling requirement review that the National Energy Board is sponsoring.

Fisheries committee  I don't control the duration of NEB's process. I would say it's going to be another year before that review concludes.

Fisheries committee  And then from Imperial Oil it was a similar figure. It was $11 million for 2009. And our in-staff costs were about $5.5 million also.

Fisheries committee  In fact I agree with what Anita said, but I would say one other thing. Without the collaboration we wouldn't have got as much data as we have now.

Fisheries committee  First off, we have a nine-year licence term. We typically will shoot three-dimensional seismic surveys first. We have to then collect all our environmental data, as we mentioned. We have to submit an environmental impact assessment report with any drilling application. Then once

Fisheries committee  This is for an exploration well. Again, I'll come back to the uncertainty we have to start with, because we may never get into the position of drilling an exploration well.

Fisheries committee  I think most people here will be aware that the National Energy Board has convened a public review of Arctic drilling requirements, which is ongoing. We certainly need to understand what the National Energy Board is going to require, and until that review is concluded I really ca

Fisheries committee  We signed our service order with ArcticNet on May 6, 2009. That's when we completed our first program. We signed a five-year collaboration agreement with ArcticNet.