RESULTS  OF  1997 FEBRUARY 05                                 
PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS                                    
                              
     DEVELOPMENT                        ACCEPTED   PRICE/
     LEASE          PURCHASER      OFFER      HA  
                              
     COLD LAKE OIL SANDS AREA 
                    
OS   688  ANDERSON RESOURCES LTD.       $31,462.40     $122.90   
OS   689  ANDERSON RESOURCES LTD.       $218,204.16    $852.36   
OS   690  POCO PETROLEUMS LTD.          $32,064.00     $125.25   
OS   691M TO BE ANNOUNCED                    
OS   692M TO BE ANNOUNCED                    
OS   693  CIMARRON PETROLEUM LTD.       $386,042.88    $1,507.98
     
     ATHABASCA  OIL SANDS AREA
                         
OS   694  HUSKY OIL OPERATIONS LTD.          $115,767.00    $226.11   
OS   695  SCOTT LAND & LEASE LTD.       $15,667.00     $30.60    
OS   696  SCOTT LAND & LEASE LTD.       $57,533.00     $112.37   
                              
               TOTAL BONUSES: $856,740.44    $334.66   
                              
               TOTAL HECTARES:     2,560.000 ha