RESULTS  OF  2000 MAY 03					
		PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS					

							ACCEPTED	PRICE/
	LEASE	PURCHASER				OFFER		HA

	ATHABASCA OIL SANDS AREA				
OS  	001	PIONEER LAND SERVICES LTD.		93030.4		181.7
OS  	002	WESTERN LAND SERVICES CO.  LTD.		43891.2		171.45
OS  	003	CANADIAN COASTAL RESOURCES LTD.		45528.32	177.845
OS  	004	PARAMOUNT RESOURCES LTD.		172994.56	337.88

	PEACE RIVER OIL SANDS AREA				
OS  	005	BAYTEX ENERGY LTD.			2944.00		5.75
OS  	006	BAYTEX ENERGY LTD.			1472.00		5.75
				TOTAL BONUSES:		359860.48	156.1894444

				TOTAL HECTARES:		2304	ha