Following the December 1, 2006 acquisition of NS Group, IPSCO improved its position in the fast-growing energy tubular market, with the largest manufacturing capacity of any producer in the United States and Canada. What's more, NS Group has accelerated IPSCO's growth into complementary, value-added product lines such as alloy and seamless energy tubulars. Through ULTRATM Premium Oilfield Services, the acquisition has also given IPSCO a growing presence in high performance oilfield connections. The combination of IPSCO and NS Group has also created a fully integrated production platform - from scrap to steel to pipe to field services - with closer proximity to key U.S. energy markets and the capability to produce all the steel required for our growing product offering.