My read....I think the regulatory delay has more to do with the EOR project rather than reactivating the 2 wellls so they are redirecting capital/focus to Queens drilling. Still expect the 2 Bigoray wells to go forward shortly. We may see a small capital raise as if the first Queens well is good they will probably want to keep the rig on pad and do the second while everything is there already. Makes sense to have the funding in place for 2 wells on a 2 well pad. It;s getting more difficult to raise money in the oil sector here in Canada, but the low risk nature of Queens should help a lot. In terms of market cap/book value, I think the markets have it about rite at around .25, although there's not much there in terms of a forward looking premium presently, so this is a good entry point. Would be interesting to know the exact nature of the "unexpected regulatory delay". Nice to see the price of oil being supportive of this sector.