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		1996 OCTOBER 30 RESULTS OF
		PUBLIC OFFERING OF OIL SANDS RIGHTS

DEVELOPMENT
LEASE            PURCHASER      	ACCEPTED  	PRICE/
                                    	OFFER           HA
PEACE RIVER OIL SANDS AREA

OS 623           Britt Resources Ltd.   $1,043,818.05 	$313.65
OS 624           Britt Resources Ltd.   $  136,993.54   $89.19




             	TOTAL BONUSES: 		$1,180,811.59 	$242.77

                TOTAL HECTARES:       	4,864.00 ha