RESULTS  OF  1997 APRIL 02                        

PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS                         
                         
DEVELOPMENT                             ACCEPTED     PRICE/
LEASE           PURCHASER             	OFFER        HA
                         
          COLD LAKE OIL SANDS AREA  
              
OS   723  POCO PETROLEUMS LTD.          $620,200.96    $2,422.66
OS   724  POCO PETROLEUMS LTD.          $620,200.96    $2,422.66
OS   725  WINDFALL RESOURCES LTD.       $135,367.68      $528.78
OS   726  SCOTT LAND & LEASE LTD.       $104,427.52      $407.92

                       TOTAL BONUSES: $1,480,197.12    $1,445.51
                         
                      TOTAL HECTARES:     1,024.000 ha