Of course we are pleased to have qualified and have been selected to play this program. We want sales to know that the additional capital strength will further support our lending activities. Sun Bancorp's capital ratios continue to remain strong and we are well capitalized by all regulatory standards and upgrades.

Fans of Jack Tatum will recall to my mind him from his crushing hit that paralyzed Darryl Stingley in an NFL preseason game in 1978. The blow severed Stingley fourth and fifth veterbrae and left the receiver wheelchair bound after he was paralyzed from the neck down.Tatum through the years had suffered from many serious health issues, he previously diabetes, And lost all 5 toes on his left foot and had his right leg amputated due to circulation hassles, However it was his heart that was the actual issue today. Jack Tatum died after his heart packed in at Oakland hospital where he had been tended to.Today 27th July the Raider Nation has lost one of its in history greats.He was born John David Tatum on November 18 1948 in Cherryville, north carolina and raised as a young boy in Passaic, nj.

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You will recall that in the last year's third quarter we recorded margin losses of $17 million due to shipping constraints in the Marcellus region as well as the impact of a credit default due to a customer bankruptcy.We also recorded a lower cost of market adjustment for LOCOM of $9 million during the third quarter of 2011, And storing hedge gains of $14 million.In the third quarter in this year, Are Marcellus lender bankruptcy and the LOCOM factors were absent. even so, We recorded storage hedge losses of $15 million due to rising gas prices, this can be a primary driver of our EBIT loss for the quarter.John will talk in greater detail about these items in just a minute or two. But it's important to keep in mind that Sequent has generated higher economic value during the quarter and over summer and winter.

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