RESULTS  OF  1997JULY 09                     
            PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS                         
                         
DEVELOPMENT                       		ACCEPTED      PRICE/
 LEASE             PURCHASER      		  OFFER         HA
                         
             COLD LAKE OIL SANDS AREA              
  
OS   781  MERIDIAN LAND SERVICES (90) LTD.       $39,764.43   $524.32


            ATHABASCA  OIL SANDS AREA                    

OS   782  CAVALIER LAND LTD.       		$140,705.28    $45.80

OS   783  WINDFALL RESOURCES LTD.       	$242,302.08    $63.10

OS   784  PIONEER LAND SERVICES LTD.         	$746,347.84    $83.30

OS   785  CANADIAN LANDMASTERS RESOURCE 
		SERVICES LTD.       		$631,173.12   $616.38

OS   786  SCOTT LAND & LEASE LTD.       	$272,384.00   $266.00

OS   787  CANADIAN COASTAL RESOURCES LTD.       $566,169.60   $552.90

OS   788  WINDFALL RESOURCES LTD.       	$555,022.08   $361.34

OS   789  CAVALIER LAND LTD.       		$673,466.88   $438.46

                         TOTAL BONUSES:       $3,867,335.31   $175.06
                         
              		TOTAL HECTARES:            22,091.840  ha