Potential licensee ?If ever there were a perfect potential licensee, it's PXX, Pearl Exploration. In addition to their TXCO San Miguel partnership, they have extensive Canadian heavy oil assets (15 API) that they are trying to steam, in hope of improving recovery from <10% OIP to 30-50% OIP. IMO, they are wasting time & money, with THAI waiting to improve their recovery to the 80% range, at lower cost. Assuming THAI will work on Pearl's Canadian heavy oil deposits, they are greatly undervalued.