RESULTS OF 2002 MAY 15
	  		PUBLIC OFFERING OF OIL SANDS RIGHTS	
			
				
   LEASE	PURCHASER			ACCEPTED	PRICE/ 	
			       	                 OFFER 	         HA
				
   ATHABASCA OIL SANDS AREA

				
   L0008	320228 ALBERTA LTD.		$262,124.00	$170.65
   L0009	320228 ALBERTA LTD.		$124,956.00	$34.86
   L0010	WESTERN LAND SERVICES CO. LTD.	$154,060.00	$40.12
   L0011	WESTERN LAND SERVICES CO. LTD.	$75,244.00	$8.16

			TOTAL BONUSES:		$616,384.00	$33.91
				
			TOTAL HECTARES:	          18,176.00