In the year since the last T&T Energy Conference there have been many positive developments in the local energy sector: we have seen the Atlantic restructuring completed, a license signed for the Dragon gas field, deepwater exploration blocks PSCs signed, onshore licenses awarded, a shallow water bid round launched (with more attractive terms), the Manatee project moving towards construction, continued activity to progress the Calypso project, new downstream supply contracts signed and the first major solar project in the country under construction. We have had first gas from Cascadura, and the Mento and Cypre projects are under execution.