Testing to determine whether or not to mine for gas in the Isle of Man's territorial waters may take place soon.
That's according to the Department of Economic Development which says it could be worth several hundred millions of pounds.
If plans go ahead it is also likely to create 80 to 100 jobs in the process.
Senior manager for energy policy Ken Milne says there's a chance the Island could become self-sufficient and export it:
Weather postpones council's Easter fun day
Seven ferry crossings hit by water levels and dredging issues in Douglas
Sam Barks returns to Les Mis in transatlatic tour
DHSC commissioning rapid review of Noble's bed capacity
Progress being made on landmark's new building
Temporary traffic lights on TT course section
All government departments but one within budget
Unclaimed Manx lottery ticket worth £125,000 - is it you?!