RESULTS  OF  1997 MARCH 05                        
PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS                         
                         
     DEVELOPMENT              			ACCEPTED    PRICE/
     LEASE     PURCHASER      			OFFER       HA
                         
     COLD LAKE OIL SANDS AREA                
OS   697  MAVERICK LAND CONSULTANTS (87) INC.   $815,603.20 $3,185.95
OS   698  KOCH EXPLORATION CANADA, LTD.      	$16,316.61  $63.74
OS   699  CANADIAN NATURAL RESOURCES LIMITED    $5,416.96   $21.16
OS   700  NORCEN ENERGY RESOURCES LIMITED       $57,797.12  $225.77
OS   701  KOCH EXPLORATION CANADA, LTD.      	$7,925.06   $30.96
OS   702  MAVERICK LAND CONSULTANTS (87) INC.   $65,616.64  $512.63
OS   703  PIONEER LAND SERVICES LTD.         	$273,840.64  $1,069.69
OS   704  NUMAC ENERGY INC.        			$26,052.48  $135.69
OS   705  WESTERN LAND SERVICES CO. LTD.        $120,861.29 $472.11
OS   706  NUMAC ENERGY INC.        			$156,759.04  $612.34
OS   707  NUMAC ENERGY INC.        			$156,759.04  $612.34
OS   708  MAVERICK LAND CONSULTANTS (87) INC.   $290,247.68  $1,133.78
               TOTAL BONUSES: 			$1,993,195.76  $692.08
                         
               TOTAL HECTARES:     2,880.000 ha
                         
                         
                         
                         
                    					ACCEPTED  PRICE/
     PERMIT    PURCHASER      			OFFER     HA
                         
                         
                         
     ATHABASCA OIL SANDS AREA                
OS   058  ANTELOPE LAND SERVICES LTD.        $40,913.28     $17.76
OS   059  WESTERN LAND SERVICES CO. LTD.     $19,903.49     $12.96
OS   060  CANADIAN LANDMASTERS RESOURCE 
				SERVICES LTD. 	   $570,304.00    $63.65
OS   061  CANADIAN LANDMASTERS RESOURCE 
				SERVICES LTD. 	   $1,755,904.00 	$722.00
					               
			TOTAL BONUSES: 		   $2,387,024.77  $156.71
                         
               TOTAL HECTARES:     15,232.000     ha
                         
                         
                         
GRAND TOTAL of DEVELOPMENT LEASES & PERMITS: $4,380,220.53  $241.84
                         
                TOTAL HECTARES:    			18,112.000