RESULTS OF 2002 JULY 10
                              PUBLIC OFFERING OF OIL SANDS RIGHTS				
				
LEASE	PURCHASER		                   ACCEPTED                          PRICE
                                                                                     OFFER	                   /HA
				
COLD LAKE OIL SANDS AREA				
L001	LANDSOLUTIONS INC.		      $78,105.60	              $305.10
L002	PETROVERA RESOURCES LIMITED	    $227,310.08	              $887.93
L003	KOCH PETROLEUM CANADA LTD.	      $16,012.80	                $62.55
				
PEACE RIVER OIL SANDS AREA				
L004	INVASION ENERGY INC.		      $31,938.00	              $124.76

	TOTAL BONUSES:		                    $353,366.48	              $345.08
				
	TOTAL HECTARES:		         1,024.00