PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS (AVAILABLE ON INTERNET AT HTTP://WWW.ENERGY.GOV.AB.CA:) DEADLINE After 12:00 noon on 2001 June 13, offers to purchase oil sands leases and/or permits contained in this public offering will not be accepted. AMOUNT OF PAYMENT (Canadian Funds Only) 1. The total dollar offer should be stated in your bid letter. A breakdown of the Bonus, Fee and Rent is not required. 2. The annual rental is $3.50 per hectare or $50.00 whichever is the greater. The issuance fee is $500 per parcel. 3. The minimum acceptable offer is $2.50 per hectare (leases) and $1.25 per hectare (permits). 4. The Department reserves the right to reject any bid. FORM OF PAYMENT 1. ELECTRONIC FUNDS TRANSFER (EFT). 2. Payment by cheque will be accepted if it meets the criteria for exception mentioned in Information Letter 99-3. 3. Companies and individuals that do not have a GST registration number are liable for payment of the Goods and Services Tax on various charges. All registrants must ensure that their GST number is provided in writing to Financial Services Branch @ Fax No. (780) 422-4281. HOW TO SUBMIT BIDS 1. The types of acceptable bids are BID TYPE1 AND BID TYPE II. The type of bid and its format are identified in attachments to Information Letter 97-14. Bids may be rejected if they do not comply with these standards. 2. One envelope may contain more than one bid as long as they are for the same agreement type. 3. Bid(s) should be enclosed in a sealed envelope and clearly marked as follows: "2001 June 13, --- OIL SANDS LEASE BIDS" for Leases. "2001 June 13, --- OIL SANDS PERMIT BIDS', for Permits. 4. Bids should be deposited in the box marked "OIL SANDS BIDS", or handed or mailed to any person acting for the manager at either the Calgary address: - 3rd Floor Monenco Place, 801 - 6th Avenue SW, T2P 3W2 or the Edmonton address - 7th Floor, Petroleum Plaza North Tower, 9945 - 108 Street, T5K 2G6. BIDS ARE ACCEPTED UNTIL 12:00 NOON ON THE PUBLIC OFFERING DATE. NO EXCEPTIONS. POINTS TO REMEMBER 1. Requestors of parcel(s) posted in a public offering are expected to bid on the posting(s). If the parcel(s) is not sold, the requestor will be charged a fee of $500 plus GST for each unsold parcel. 2. Effective January 01, 2000, all Oil Sands Agreements acquired include Solution Gas. Please refer to information letter 99-38 for the definition of Solution Gas and any other relevant information. · INDICATES ATTACHMENTS TO THIS PUBLIC OFFERING APPENDIX 1 - Contains applicable Zone Designations (ZD's). · APPENDIX 2 - Contains applicable Deeper Rights Reversion Zone Designations (DRRZD's). · APPENDIX 3 - Contains applicable addenda and contacts also terms and conditions for acquisition of parcel(s) within Metis Settlements (See IL 92-19). RESULTS OF THIS PUBLIC OFFERING 1. Accepted offers will be published on 2001 June 14 at 10.00 a.m. at the two addresses shown under the section entitled "HOW TO SUBMIT BIDS." 2. All agreements are issued in accordance with the Mines & Minerals Act and its regulations. STEVE TKALCIC APRIL 18, 2001 DIRECTOR OPERATIONS EDMONTON, AB 2001 JUNE 13 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE A LEASES Page 1 of 3 LEASE PARCELS HECTARES M RG TWP LAND DESCRIPTION ------ATHABASCA OIL SANDS AREA ------ OS 001 1,280.00 4 4 075: 19;29;30;32;33 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 002 1,280.00 4 4 076: 5;8;9;16;21 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 003 768.00 4 4 076: 28;33 4 4 077: 4 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 004 1,024.00 4 4 077: 9;10;15;16 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 005 512.00 4 4 077: 19 4 5 077: 24 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 006 768.00 4 5 075: 33 4 5 076: 4;5 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 007 1,024.00 4 5 075: 34;35 4 5 076: 2;3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 008 1,280.00 4 5 076: 9;13-16 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 009 1,024.00 4 5 076: 22-24;26 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 2001 JUNE 13 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE A LEASES Page 2 of 3 LEASE PARCELS HECTARES M RG TWP LAND DESCRIPTION OS 010 256.00 4 5 076: 25 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 011 256.00 4 5 076: 29 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 012 512.00 4 5 077: 16;21 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 013 768.00 4 6 075: 13-15 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 014 256.00 4 6 075: 19 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 015 512.00 4 6 075: 31 4 6 076: 6 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 016 256.00 4 6 076: 8 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 017 768.00 4 6 077: 9;15;16 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 018 768.00 4 6 077: 10;11;14 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 2001 JUNE 13 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE A LEASES Page 3 of 3 LEASE PARCELS HECTARES M RG TWP LAND DESCRIPTION OS 019 512.00 4 6 077: 12;13 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 020 768.00 4 7 077: 4;5;9 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 021 512.00 4 7 077: 8;16 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 022 768.00 4 7 077: 11-13 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 023 256.00 4 7 077: 15 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 024 512.00 4 7 077: 21;22 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 025 768.00 4 7 077: 23;27;28 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 026 512.00 4 7 077: 33;34 APPENDIX 3 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 26 17,920.00 ha Totals END 2001 JUNE 13 OIL SANDS PUBLIC OFFERING NOTICE Page 1 of 1 PERMITS SCHEDULE B PERMIT PARCELS HECTARES M RG TWP LAND DESCRIPTION -----ATHABASCA OIL SANDS AREA ------ 001 7,088.00 4 4 075: 13-15;22-27;34-36 4 4 076: 1-3;10S,L9-L12;11S,NE,L11,L12,L14;12;13E,L3,L4;14L1,L2 15W;22;23N,SE;24-27;34-36 OIL SANDS BELOW THE TOP OF THE VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 1 7,088.00 Totals END Page 1 of 1 2001 JUNE 13 APPLICABLE DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPENDIX 2 DRRZD: 6 Zone: 2140 VIKING FM INTERVAL: 2 600.0 - 2 680.0 FEET KEY WELL: 00/10-10-042-14W4/0 LOG TYPE: INDUCTION ELECTRICAL DRRZD: 258 Zone: 7040 WOODBEND GRP INTERVAL: 1 284.0 - 2 251.0 FEET KEY WELL: 00/10-29-077-18W4/0 LOG TYPE: SONIC END Page 1 of 2 LEASE APPENDIX 3 PARCEL NO(s). ADDENDA DESCRIPTION & CONTACT (LEASES) OS 004 4 4 077: 9NP,SWP;10NP,SEP;15;16 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 OS 005 THE LANDS IN THIS LEASE IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. LAND & FOREST SERVICE OS 012 OS 018 SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. OS 019 FOR FURTHER INFORMATION PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 OS 017 4 6 077: 9N,SE,SWP;15;16 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 OS 020 4 7 077: 4NP,SEP;5NEP;9 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 Page 2 of 2 APPENDIX 3 LEASE LEASES) PARCEL NO(s). ADDENDA DESCRIPTION & CONTACT OS 021 4 7 077: 8SP,NWP,NE;16 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 OS 025 4 7 077: 23;27NP,SEP,SW;28 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 OS 026 4 7 077: 33S,NW,NEP;34P IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND DEPARTMENT OF SUSTAINABLE LAND USE SPECIALIST RESOURCE DEVELOPMENT PROVINCIAL BUILDING NORTHEAST BOREAL REGION BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (403) 623-5263 END