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1996 OCTOBER 02 RESULTS OF
PUBLIC OFFERING OF OIL SANDS RIGHTS


DEVELOPMENT			ACCEPTED	PRICE/
LEASE		PURCHASER	 OFFER		HA
		

COLD LAKE OIL SANDS AREA

619 		Pioneer Land Services Ltd. 	$449,098.24 	$1,754.29     

620 		Numac Energy Inc.		$662,745.60	$2,588.85
       
621 		Numac Energy Inc.  		$662,745.60	$2,588.85     



			Total Bonus		$1,774,589.44	$2,310.66
		
			Total Hectares Sold	768.00