RESULTS  OF  1999 JUNE 16					
	PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS					
					
	DEVELOPMENT					ACCEPTED	PRICE/
	LEASE	PURCHASER				OFFER		HA
					
					
	ATHABASCA OIL SANDS AREA				

OS  	001	PIONEER LAND SERVICES LTD.		$806,700.72	$787.79
OS  	002	ALLIED LAND SERVICES (1978) LTD.		$41,888.00	$54.54
OS  	003	WESTERN LAND SERVICES CO. LTD.		$27,197.44	$26.56

					TOTAL BONUSES:	$875,786.16	$311.00
					
					TOTAL HECTARES:	2,816.000	ha