RESULTS OF 2002 APRIL 17
                       PUBLIC OFFERING OF OIL SANDS RIGHTS					
					
	

        LEASE	   PURCHASER		                        ACCEPTED	PRICE/
								 OFFER	         HA
					
    ATHABASCA OIL SANDS AREA
				
OS  L0001  IMPERIAL OIL RESOURCES VENTURES LIMITED	75%	$67,507.20	$131.85
	   NEXEN CANADA LTD.				25%		
OS  L0002  320228 ALBERTA LTD.					$414,060.00	$107.83

		
					TOTAL BONUSES:		$481,567.20	$110.65
							
					TOTAL HECTARES:	   	   4,352.00