RESULTS OF 2001 OCTOBER 17 
			    PUBLIC OFFERING OF OIL SANDS RIGHTS					
					
	LEASE	PURCHASER					 ACCEPTED  	PRICE/
								  OFFER		 HA
	ATHABASCA OIL SANDS AREA				
OS	019	CENTENNIAL LAND SERVICES LTD.			  $653,602.00	$851.04
OS	020	CENTENNIAL LAND SERVICES LTD.			$4,225,761.00	$550.23
OS	021	PANCANADIAN PETROLEUM LIMITED			  $218,016.00	 $68.13
OS	022	PANCANADIAN PETROLEUM LIMITED			  $222,309.12	 $52.63
OS	023	VALUE CREATION					  $277,644.00	 $98.60
OS	024	PANCANADIAN PETROLEUM LIMITED			    $7,987.20	  $3.12
OS	025	PANCANADIAN PETROLEUM LIMITED			    $9,584.64	  $3.12
OS	026	PANCANADIAN PETROLEUM LIMITED			  $567,613.44	 $61.59
OS	027	BADLANDS FIELD & ADMINISTRATION SERVICES LTD.	  $963,624.96	$104.56
OS	028	PANCANADIAN PETROLEUM LIMITED			$7,544,770.56	$818.66
OS	029	BADLANDS FIELD & ADMINISTRATION SERVICES LTD.	  $135,208.96	 $33.01
					
					TOTAL BONUSES:		$14,826,121.88	$264.45
					
					TOTAL HECTARES:		56,064.00 	
					
					
	PERMIT	PURCHASER					ACCEPTED 	PRICE/
							 	 OFFER		  HA
	ATHABASCA OIL SANDS AREA				
OS	001	WESTERN LAND SERVICES CO. LTD.		   $909,529.60		$101.51
OS	002	NO OFFERS			
					
		TOTAL BONUSES:				   $909,529.60		$101.51
					
		TOTAL HECTARES:				      8,960.00 	
					
		GRAND TOTAL OF LEASES & PERMITS		$15,735,651.48		$242.00
					
				TOTAL HECTARES:		     65,024.00