RESULTS  OF  1997 SEPTEMBER 17                                    
              PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS

DEVELOPMENT                                     ACCEPTED   PRICE/
LEASE      PURCHASER                            OFFER      HA
                                                
   ------     COLD LAKE OIL SANDS AREA   --------
                                        
OS 864M    TO BE ANNOUNCED                                               
OS 865M    TO BE ANNOUNCED 
OS 866M    TO BE ANNOUNCED                                              
OS 867M    TO BE ANNOUNCED                                    
OS 868     SEATON-JORDAN & ASSOCIATES LTD.      $92,984.32    $363.22
OS 869     NORCEN ENERGY RESOURCES LIMITED      $67,554.56    $527.77
OS 870     SEATON-JORDAN & ASSOCIATES LTD.     $209,134.08    $816.93
OS 871     KOCH EXPLORATION CANADA, LTD.        $18,101.12     $70.71

                              TOTAL BONUSES:   $387,774.08    $432.78
                                                                        
                                   TOTAL HECTARES:         896.00             ha.