RESULTS  OF  2001 JANUARY 10					
			PUBLIC  OFFERING  OF  OIL  SANDS  RIGHTS					
					
								ACCEPTED	PRICE/
		LEASE		PURCHASER			OFFER		HA
					
		COLD LAKE OIL SANDS AREA				
	OS  	001	CENTENNIAL LAND SERVICES LTD.		$97,016.32 	$1,515.88
 
		ATHABASCA OIL SANDS AREA				
	OS  	002	ISH ENERGY LTD.				$517,312.00 	$673.58 
	OS  	003	CHARTER LAND SERVICES LTD.		$161,034.24 	$157.26 
	OS  	004	CANADIAN NATURAL RESOURCES LIMITED.	$102,528.00 	$66.75 
	OS  	005	PIONEER LAND SERVICES LTD.		$388,838.40 	$253.15
 
		PEACE RIVER OIL SANDS AREA				
	OS  	006	ANDERSON RESOURCES LTD.			$232,960.00 	$113.75 
				TOTAL BONUSES:			$1,499,688.96 	$214.98 
					
					TOTAL HECTARES:	6,976.000 	ha