RESULTS OF 2002 JANUARY 23
                 PUBLIC OFFERING OF OIL SANDS RIGHTS					
					
PERMIT	      PURCHASER			    	   ACCEPTED	PRICE
						     OFFER	/HA
					
	ATHABASCA OIL SANDS AREA
				
OS 001	WESTERN LAND SERVICES CO. LTD.		$1,606,444.00	$267.03

OS 002	SYNENCO ENERGY INC.			  $236,571.00	 $51.34

OS 003	WESTERN LAND SERVICES CO. LTD.		  $362,412.00	 $50.56

OS 004	WESTERN LAND SERVICES CO. LTD.	 	   $21,372.00	  $4.64

OS 005	SYNENCO ENERGY INC.			  $440,571.00	 $95.61

OS 006	WESTERN LAND SERVICES CO. LTD.		   $21,372.00	  $4.64

OS 007	WESTERN LAND SERVICES CO. LTD.		   $43,372.00	  $9.41

OS 008	NO OFFERS			

		  TOTAL BONUSES:		$2,732,114.00	 $75.42
					
	  	  TOTAL HECTARES:		       36,224.00