RE: Very Pleased with Equal Energy sale of Lochend The free cash flow might be considerably more if the OK assets are bought by a trust in exchange for its shares. For example, if Argent which N mentioned, were to offer 0.6 - 0.7 of its units for each EQU share, the latter shareholders will have ownership in a trust but without the duplication of costs (management, legal, accounting etc). So it could be a win/win situation. Scotia is not only EQU's strategic advisor, but was the lead in Argent's recent bought deal at $10 per unit, so they are close to both sides. As N also mentioned, many US trusts could also become interested (on a share for share basis) once the last of the Canadian assets is disposed of. I think we are very close to the end game.