Leasing activity was up in the quarter, with 23 arrangements signed with 20 separate producers, for quarterly new lease consideration of $15.5 million. Activity remained high, with 245 wells spud on PSK’s land base, with operators primarily focused on the Western Saskatchewan Viking, the multi-zonal Deep Basin fairway, and Central Alberta light oil plays. Note that PrairieSky continues to maintain no debt on its balance sheet, despite acquisition activity in the quarter. Overall, we continue to favour the characteristics and opportunities of PrairieSky’s assets and business model, which we highlighted in our recent Investor Day and Royalty Playbook piece. We maintain our Sector Perform rating and increase our one-year price target to $36.00.