RESULTS  OF  1997 APRIL 30                        
PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS                         
                         
     DEVELOPMENT              		ACCEPTED  	PRICE/
     LEASE     PURCHASER      		OFFER     	HA
                         
     COLD LAKE OIL SANDS AREA                
OS   740  POCO PETROLEUMS LTD.             $56,177.28   $  877.77
OS   741  ANTELOPE LAND SERVICES LTD.      $220,752.15 	$  877.67
OS   742  ANDERSON RESOURCES LTD.          $90,595.84   $  353.89
OS   743  ANTELOPE LAND SERVICES LTD.      $162,782.72 	$  635.87
OS   744  ANTELOPE LAND SERVICES LTD.      $70,896.64   $  276.94
OS   745  BEAU CANADA EXPLORATION LTD.     $313,536.00 	$1,224.75
OS   746  STONE PETROLEUMS LTD.    80.00%  $2,370.00    $    9.26
          SUPERNOVA RESOURCES LTD. 20.00%    
OS   747  NORCEN ENERGY RESOURCES LIMITED  $53,061.12   $  207.27
OS   748  NORCEN ENERGY RESOURCES LIMITED  $53,061.12   $  207.27
OS   749  NORCEN ENERGY RESOURCES LIMITED  $15,403.52   $   60.17
OS   750  CAVALIER LAND LTD.               $567,595.52 	$2,217.17


               TOTAL BONUSES:              $1,606,231.91  $613.18
               TOTAL HECTARES:              2,619.520   ha