I also would not be too dismissive of the Bharat connection at...

I also would not be too dismissive of the Bharat connection at this stage.

Arrowsmith is a big learning curve for the Company in relation to shale exploration and, in a way, NWE are conducting the lesson for them.

Latter this year India is going to be putting a number of shale leases up for bidding and one of the criteria is the company must have previous experience in the shale industry (I can't remember if they had to be an Indian company as lead partner). It would not surprise me to see NWE as a minor partner in their application.

Also, attached is an article about a recent report into the shale industry possibilities in the UK.

http://www.rigzone.com/news/oil_gas/a/126608/UK_Shale_Gas_Industry_Could_Support_74000_Jobs