Double edged swordThe name change for PRE could be either a good or bad thing for CGX! My take on the matter is that PRE is going to pick up the drilling costs as part of its new mandate. They have a pool of money set aside for this. This could involve either an injection of cash for CGX (for drilling under the CGX name) or a buy-out of the CGX's licenses. Don't forget that we still own part of On Energy with on-shore possibilities. Any buy-out of the off-shore licenses could fund on-shore drilling for On. Lets face it, we could drill a lot more on-shore wells for the price of one off-shore well. We also have the port facilities to ship out any on-shore oil that might be discovered!