RESULTS OF 1997 NOVEMBER 26 PUBLIC OFFERING OF OIL SANDS RIGHTS DEVELOPMENT ACCEPTED PRICE/ LEASE PURCHASER OFFER HA ATHABASCA OIL SANDS AREA OS 891 PROFILE LAND CORPORATION $18,367.00 $71.75 TOTAL BONUSES: $18,367.00 $71.75 TOTAL HECTARES: 256.000 ha --------------------------------------------------------- ACCEPTED PRICE/ PERMIT PURCHASER OFFER HA ATHABASCA OIL SANDS AREA OS 063 AGADIR RESOURCES INC. $361,428.48 $156.87 OS 064 BRITT RESOURCES LTD. $1,558,598.40 $811.77 TOTAL BONUSES: $1,920,026.88 $454.55 TOTAL HECTARES: 4,224.000 ha ---------------------------------------------------------- GRAND TOTAL OF DEVELOPMENT LEASE and PERMITS: $1,938,393.88 $432.68 TOTAL HECTARES: 4,480.000 ha