PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS DEADLINE After 12:00 noon on March 19, 1997, offers to purchase oil sands development leases contained in this public offering will not be accepted. AMOUNT OF PAYMENT (Canadian Funds Only) 1. State only the one total dollar amount submitted in your bid letter. A breakdown of the Bonus, Fee and Rent is not required. 2. The rent is $3.50 per hectare and the fee is $450 per parcel. 3. The minimum acceptable price is $2.50 per hectare (development leases) and $1.25 per hectare (permits). Offers lower than this will be rejected. 4. The Department reserves the right to reject a bid. FORM OF PAYMENT 1. ELECTRONIC FUNDS TRANSFER (EFT) - The Department prefers this method of payment (see IL 95-16 for information on EFT). 2. Cheque. - Company cheques or certified personal cheques are acceptable. If payment is being made by cheque, each bid should be accompanied by an individual cheque. 3. All cheques should be made payable to: PROVINCIAL TREASURER HOW TO SUBMIT BIDS 1. The types of acceptable bids are: BID TYPE I and BID TYPE II. The type of bid and its format are identified in attachments to Information Letter 94-21. Bids may be rejected if they do not comply with these standards. 2. One envelope may contain more than one bid as long as they are for the same agreement type. 3. Bid(s) should be enclosed in a sealed envelope and clearly marked as follows: "1997 March 19 OIL SANDS DEVELOPMENT LEASE BIDS" for Development Leases. 4. Bids should be deposited in the box marked "OIL SANDS BIDS", or handed or mailed to any person acting for the manager at either the Calgary or Edmonton address: 3rd. Floor, Monenco Place 9th Floor, North Petroleum Plaza 801-6 Ave. SW 9945-108 Street Calgary, Alberta T2P 3W2 Edmonton, Alberta T5K 2G8 BIDS ARE ACCEPTED UNTIL 12:00 NOON ON THE PUBLIC OFFERING DATE. NO EXCEPTIONS. POINTS TO REMEMBER 1. Those who request a specific parcel(s) to be posted in a public offering are expected to bid on the posting(s). If the parcel(s) is not sold, the person or company that requested the posting may be charged a fee of $450 for each unsold parcel. 2. The full name of the person(s) or corporation(s) submitting a bid and their official address for service must be identified. 3. The maximum undivided interest is seven decimal places. Anything greater than this will be rounded to the seventh decimal place. ATTACHMENTS TO THIS PUBLIC OFFERING APPENDIX 2 - Contains applicable Deeper Rights Reversion Zone Designations (Drrzd's). APPENDIX 3 - Contains applicable addenda and contacts. RESULTS OF THIS PUBLIC OFFERING 1. Accepted bids will be published on Thursday, March 20, 1997 at 10:00 a.m. at the two addresses shown under the section entitled "HOW TO SUBMIT BIDS." 2. All agreements are issued in accordance with the Mines & Minerals Act and its regulations. January 22, 1997 Brian Hudson, Manager Edmonton, AB Mineral Agreements 1997 MARCH 19 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE A Page 1 of 2 DEVELOPMENT LEASES D.LEASE PARCELS HECTARES M RG TWP LAND DESCRIPTION ------ COLD LAKE OIL SANDS AREA ------ OS 709 256.00 4 6 062: 23 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 710 256.00 4 6 062: 34 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 711 256.00 4 7 062: 33 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 712 448.00 4 5 063: 28N,SW;33 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 713 576.00 4 5 063: 29N,SE;30N;32 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 714 1,024.00 4 5 063: 34 4 5 064: 2;3;11 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 715 256.00 4 7 063: 28 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 716 768.00 4 5 064: 4;9;10 APPENDIX 3 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 717 512.00 4 5 064: 5;8 OIL SANDS IN THE MANNVILLE GRP DRRZD 4 OS 718 1,152.00 4 5 064: 14;15;16;22;23S OIL SANDS IN THE MANNVILLE GRP DRRZD 4 1997 MARCH 19 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE A DEVELOPMENT LEASES Page 2 of 2 D.LEASE PARCELS HECTARES M RG TWP LAND DESCRIPTION ------ ATHABASCA OIL SANDS AREA ------ OS 719 993.72 4 23 079: 8;9;16S,NE,NWP;17S,NP PORTION(S) LYING OUTSIDE WABASCA INDIAN RESERVE NO. 166 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND DRRZD 258 OS 720 1,280.00 4 23 080: 8;9;16W;17E;20E;21W;28W;29E OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND DRRZD 258 OS 721 1,024.00 4 23 080: 7 4 24 080: 12;13;24 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND DRRZD 258 OS 722 1,024.00 4 23 081: 16W;17;18E;19E;20W;29W;30E APPENDIX 3 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND DRRZD 258 EXCEPTING OIL SANDS IN THE MANNVILLE GROUP ZD 2923 14 9,825.72 ha total END Page 1 of 1 1997 MARCH 19 APPLICABLE DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPENDIX 2 DRRZD :4 Zone: 2480 MANNVILLE GROUP INTERVAL: 2 557.00 - 2985.00 FEET KEY WELL: 00/06-16-041-08W4/0 LOG TYPE: INDUCTION ELECTRICAL DRRZD: 6 Zone: 2140 VIKING FM INTERVAL: 2 600.0 - 2 680.0 FEET KEY WELL: 00/10-10-042-14W4/0 LOG TYPE: INDUCTION ELECTRICAL DRRZD: 258 Zone: 7040 WOODBEND GRP INTERVAL: 1 284.0 - 2 251.0 FEET KEY WELL: 00/10-29-077-18W4/0 LOG TYPE: SONIC ZD: 2923 Zone 2480 MANNVILLE GROUP INTERVAL:723.00-1423 FEET KEY WELL: 00/06-34-081-23W4/0 LOG TYPE: DUAL INDUCTION-LATEROLOG END ADDENDA AND CONTACTS APPLICABLE TO THE 1997 MARCH 19 OIL SANDS PUBLIC OFFERING NOTICE Page 1 of 3 APPENDIX 3 D.LEASE (DEVELOPMENT LEASES) PARCEL NO(s). ADDENDA DESCRIPTION & CONTACT OS 709 4 06 062: 23SP,NEP CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTALPROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 711 4 07 062: 33SE PART ONE OF TWO CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW EV23 RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 711 4 07 062: 33SWP PART TWO IS/ARE WITHIN THE LAKELAND INTEGRATED RESOURCE PLAN. OF TWO SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: WAYNE HOLLAND LO 24 LCRC MEMBER 182 CHIPPEWA ROAD AGRICULTURE, FOOD & RURAL DEVELOPMENT SHERWOOD PARK AB T8A 4H5 PUBLIC LANDS DIVISION (403) 464-7955 ADDENDA AND CONTACTS APPLICABLE TO THE 1997 MARCH 19 OIL SANDS PUBLIC OFFERING NOTICE Page 2 of 3 APPENDIX 3 D.LEASE (DEVELOPMENT LEASES) PARCEL NO(s). ADDENDA DESCRIPTION & CONTACT OS 712 4 05 063: 28W;33S,NE CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 713 4 05 063: 29N,SE;30NE CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 714 4 05 063: 34N 4 05 064: 3SE CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 ADDENDA AND CONTACTS APPLICABLE TO THE 1997 MARCH 19 OIL SANDS PUBLIC OFFERING NOTICE Page 3 of 3 APPENDIX 3 D.LEASE (DEVELOPMENT LEASES) PARCEL NO(s). ADDENDA DESCRIPTION & CONTACT OS 715 4 07 063: 28NW CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 716 4 05 064: 10SE CONTAIN(S) PRIVATELY-OWNED LAND WITH RESTRICTIVE TOPOGRAPHIC AND/OR GROUND CONDITIONS ASSOCIATED WITH A RIVER AND/ OR CREEK VALLEY . PRIOR TO ANY SURFACE DISTURBANCE AND/OR SITE DEVELOPMENT CONTACT THE RECLAMATION INSPECTOR SHOWN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: TERRY LESKIW RECLAMATION INSPECTOR 3RD FLOOR, PROVINCIAL BUILDING ENVIRONMENTAL PROTECTION BOX 308, 5025 - 49 AVENUE LAND RECLAMATION DIVISION ST. PAUL AB TOA 3A0 ENVIRONMENTAL REGULATORY SERVICE (403) 645-6394 OS 722 THE LANDS IN THIS LEASE IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LAING LAND MANAGEMENT OFFICER ENVIRONMENTAL PROTECTION NORTHWEST BOREAL REGION BOX 390, 301 BIRCH ROAD NE LAND & FOREST SERVICE SLAVE LAKE AB T0G 2A0 (403) 849-3061 END END