PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS (AVAILABLE ON INTERNET AT HTTP://WWW.ENERGY.GOV.AB.CA:) DEADLINE After 12:00 noon on 2002 January 23 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 TYPE I AND BID TYPE II. The type of bid and its format are identified in attachments to Information Letter 99-12. 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: "2002 January 23 --- 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, and 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 2002 January 24 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. November 28, 2001 Steve Tkalcic EDMONTON, AB Director Operations Oil Sands Development 2002 JANUARY 23 OIL SANDS PUBLIC OFFERING NOTICE SCHEDULE B PERMITS PERMIT PARCELS HECTARES M RG TWP LAND DESCRIPTION ----- ATHABASCA OIL SANDS AREA ----- OS 001 6,016.00 4 13 096: 2-10;15-22;28-33;34N OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 002 4,608.00 4 7 098: 19-36 APPENDIX 3 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 003 7,168.00 4 12 098: 3-10;15-22;25-36 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 004 4,608.00 4 5 099: 19-36 APPENDIX 3 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 005 4,608.00 4 6 099: 19-36 APPENDIX 3 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 006 4,608.00 4 7 099: 1-18 APPENDIX 3 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 007 4,608.00 4 12 099: 1-18 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 OS 008 9,216.00 4 13 099: 1-36 OIL SANDS BELOW THE TOP OF VIKING FM DRRZD 6 TO THE BASE OF THE WOODBEND GRP DRRZD 258 8 45,440.00 ha Totals END 2002 JANUARY 23 APPLICABLE DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPENDIX 2 Page 1 of 1 DRRZD: 6 Zone: 2140 VIKING FM INTERVAL: 2600.00 - 2680.00 FEET KEY WELL: 00/10-10-042-14W4/0 LOG TYPE: INDUCTION ELECTRICAL DRRZD: 258 Zone: 7040 WOODBEND GROUP INTERVAL: 1284.00 - 2251.00 FEET KEY WELL: 00/10-29-077-18W4/0 LOG TYPE: SONIC END ADDENDA AND CONTACTS APPLICABLE TO THE 2002 JANUARY 23 OIL SANDS PUBLIC OFFERING NOTICE APPENDIX 3 (PERMITS) PERMIT PARCEL NO.(S) ADDENDA DESCRIPTION & CONTACT OS 002 4 7 098: 19EP;20EP,W;21SWP;28NP,SWP;29S,NP;30EP;32EP;33SP,NWP PART ONE OF TWO IS/ARE WITHIN THE FORT MCMURRAY-ATHABASCA OIL SANDS INTEGRATED RESOURCE PLAN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: CHRIS HALE LAND USE OFFICER DEPARTMENT OF SUSTAINABLE FORT MCMURRAY OFFICE RESOURCE DEVELOPMENT 168 AIRPORT RD LAND & FOREST SERVICE FORT MCMURRAY AB T9H 4P1 (780) 743-7120 PART TWO OF TWO 4 7 098: 22NE;23N;25N;26;27;34-36 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: DAVE LIND LAND USE SPECIALIST DEPARTMENT OF SUSTAINABLE LAC LA BICHE REGIONAL OFFICE RESOURCE DEVELOPMENT PO BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (780) 623-5263 OS 004 4 5 099: 19-24;26-35 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: DAVE LIND LAND USE SPECIALIST DEPARTMENT OF SUSTAINABLE LAC LA BICHE REGIONAL OFFICE RESOURCE DEVELOPMENT PO BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (780) 623-5263 OS 005 4 6 099: 19SE;20-29;31N,SE;32-36 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: DAVE LIND LAND USE SPECIALIST DEPARTMENT OF SUSTAINABLE LAC LA BICHE REGIONAL OFFICE RESOURCE DEVELOPMENT PO BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (780) 623-5263 OS 006 4 7 099: 1;2;3E;10E;11-14;15SE IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS. FOR FURTHER INFORMATION PLEASE CONTACT: DAVE LIND LAND USE SPECIALIST DEPARTMENT OF SUSTAINABLE LAC LA BICHE REGIONAL OFFICE RESOURCE DEVELOPMENT PO BOX 450 LAND & FOREST SERVICE LAC LA BICHE AB T0A 2C0 (780) 623-5263 END