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UPDATED AT:  11:10   
July 23rd, 1998
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			RESULTS  OF  1998 JULY 22					
		PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS					
					
DEVELOPMENT					ACCEPTED	PRICE/
LEASE	PURCHASER				OFFER		HA
					
	ATHABASCA  OIL SANDS AREA
				
OS  002	TOWNSHIP LAND CO. LTD.		  	  $33,033.60	 $13.95
OS  003	TOWNSHIP LAND CO. LTD.	 		  $33,062.40	 $14.35
OS  004	TOWNSHIP LAND CO. LTD.			   $7,526.40	  $7.35
OS  005	TOWNSHIP LAND CO. LTD.			   $6,010.88	  $5.87
OS  006	TOWNSHIP LAND CO. LTD.			  $86,912.00	 $33.95
OS  007	ANTELOPE LAND SERVICES LTD.		  $12,472.32	  $8.12
OS  008	TOWNSHIP LAND CO. LTD.			   $4,604.16 	  $3.27
OS  009	STANDARD LAND COMPANY INC.		  $12,472.32 	  $8.12
OS  010	NO OFFERS			
OS  011	NO OFFERS			
OS  012	CAVALIER LAND LTD.			 $547,453.44	$178.21
OS  013	PIONEER LAND SERVICES LTD.	       $1,057,816.96	$413.21
OS  014	CENTENNIAL LAND SERVICES LTD.		 $595,353.60	$232.56
OS  015	CENTENNIAL LAND SERVICES LTD.		  $20,418.56 	  $9.97
OS  016	ALLIED LAND SERVICES (1978) LTD.	  $52,750.00	 $22.89
OS  017	CENTENNIAL LAND SERVICES LTD.		  $27,118.08	 $11.77
OS  018	CENTENNIAL LAND SERVICES LTD.		 $161,203.20	 $62.97
OS  019	ALLIED LAND SERVICES (1978) LTD.	 $235,750.00	$153.48
OS  020	SCOTT LAND & LEASE LTD.			 $865,561.60	$338.11
OS  021	CENTENNIAL LAND SERVICES LTD.	 	 $952,125.44	$265.66
OS  022	FOUR WEST CONSULTANTS LTD.		 $652,198.40	$363.95
OS  023	CAVALIER LAND LTD.		 	 $343,942.08 	 $89.57

				TOTAL BONUSES:	$5,707,785.44	$128.32
					
					TOTAL HECTARES:	44,480.000	ha