Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0177 100% STORM ENERGY INC. 3,484.00 54.44 A0178 70% HANNA OIL AND GAS COMPANY - CANADA, INC 233.28 7.29 30% FIREFLY RESOURCES LTD A0179 100% STORM ENERGY INC. 324.00 2.53 A0180 100% STORM ENERGY INC. 178.00 2.78 A0181 100% SCOTT LAND & LEASE LTD 32,867.84 513.56 A0182 100% PIONEER LAND SERVICES LTD 135,380.48 528.83 A0183 100% NORTHSTAR ENERGY CORPORATION 6,981.12 27.27 A0184 100% NORTHSTAR ENERGY CORPORATION 6,981.12 27.27 A0185 100% SIGNALTA RESOURCES LIMITED 60,888.88 237.85 A0186 100% LEXXOR ENERGY INC. 70,560.00 551.25 A0187 100% TARRAGON OIL AND GAS LIMITED 21,158.40 82.65 A0188 100% SCOTT LAND & LEASE LTD 120,023.04 468.84 A0189 100% NYCAN PETROLEUM CORP. 5,376.00 21.00 A0190 100% MAVERICK LAND CONSULTANTS (87) INC 83,755.52 327.17 A0191 100% MAVERICK LAND CONSULTANTS (87) INC 20,830.72 81.37 A0192 100% CHARTER LAND SERVICES LTD. 152,916.48 597.33 A0193 100% CANADIAN LANDMASTERS RESOURCE SERVICES 16,837.12 65.77 LTD A0194 100% CANADIAN LANDMASTERS RESOURCE SERVICES 14,737.92 57.57 LTD A0195 100% MERIT ENERGY LTD. 2,257.28 35.27 A0196 100% RENAISSANCE ENERGY LTD. 90,064.00 351.81 A0197 100% BARNWELL OF CANADA, LIMITED 119,723.52 467.67 A0198 100% DRAIG ENERGY LTD. 47,604.00 185.95 A0199 100% OCELOT ENERGY INC 182,126.08 711.43 A0200 100% OCELOT ENERGY INC 15,754.24 246.16 A0201 100% CABRE EXPLORATION LTD 1,684.48 26.32 A0202 50% OPAL ENERGY INC. 32,326.40 252.55 50% COMETRA ENERGY (CANADA) LTD. A0203 100% NORTHSTAR ENERGY CORPORATION 80,350.72 313.87 A0204 100% POCO PETROLEUMS LTD. 55,912.00 218.41 A0205 100% STANDARD LAND COMPANY INC. 83,778.56 327.26 A0206 100% PENN WEST PETROLEUM LTD 20,807.68 81.28 A0207 100% SEARCH ENERGY CORP. 2,673.28 41.77 A0208 42.5% BACKER PETROLEUM CORP 105,889.92 551.51 32.5% PROPHET PETROLEUMS LTD 25.0% CAPRICE HOLDINGS INC. Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0209 100% STANDARD LAND COMPANY INC. 42,574.08 221.74 A0210 100% POCO PETROLEUMS LTD. 55,912.00 218.41 A0211 100% PETROLAND SERVICES (1986) LTD 111,557.12 435.77 A0212 100% PETROLAND SERVICES (1986) LTD 111,582.72 435.87 A0213 100% WINDFALL RESOURCES LTD 41,123.84 321.28 A0214 100% CANADIAN COASTAL RESOURCES LTD 84,328.96 329.41 A0215 100% CABRE EXPLORATION LTD 11,234.56 87.77 A0216 100% PURCELL ENERGY LTD. 9,015.88 35.22 A0217 50% GULF CANADA RESOURCES LIMITED 164,352.00 642.00 50% NORTHROCK RESOURCES LTD. A0218 100% CYPRESS ENERGY INC. 26,604.00 103.92 A0219 100% CHALLENGER DEVELOPMENT CORP 15,014.18 504.17 A0220 100% MAVERICK LAND CONSULTANTS (87) INC 78,080.00 305.00 A0221 100% BIRCHILL RESOURCES LIMITED 29,568.00 115.50 A0222 100% BIRCHILL RESOURCES LIMITED 35,712.00 139.50 A0223 100% BIRCHILL RESOURCES LIMITED 29,568.00 115.50 ** NORTHERN ** A0224 100% CANADIAN 88 ENERGY CORP 1,100,154.00 4,297.48 A0225 100% CANADIAN 88 ENERGY CORP 23,604.00 92.20 A0226 100% ANTELOPE LAND SERVICES LTD 80,161.28 313.13 A0227 100% CANADIAN LANDMASTERS RESOURCE SERVICES 135,130.00 527.85 LTD A0228 100% FLETCHER CHALLENGE ENERGY CANADA INC. 46,762.24 365.33 A0229 100% CAVALIER LAND LTD 124,308.48 485.58 A0230 100% CANADIAN LANDMASTERS RESOURCE SERVICES 111,645.00 436.11 LTD A0231 100% ANTELOPE LAND SERVICES LTD 80,161.28 313.13 A0232 100% ANTELOPE LAND SERVICES LTD 92,518.40 180.70 A0233 100% ANTELOPE LAND SERVICES LTD 80,161.28 313.13 A0234 100% ANTELOPE LAND SERVICES LTD 126,604.00 494.55 A0235 100% WESTERN LAND SERVICES CO. LTD. 55,078.40 430.30 A0236 100% POCO PETROLEUMS LTD. 28,373.00 110.83 A0237 100% BELLATOR EXPLORATION INC 115,770.88 452.23 A0238 100% ANTELOPE LAND SERVICES LTD 91,630.08 357.93 A0239 50% BELFAST PETROLEUM INC. 119,552.00 467.00 50% GARDINER EXPLORATION LIMITED A0240 100% MAVERICK LAND CONSULTANTS (87) INC 97,049.60 379.10 Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0241 100% MAVERICK LAND CONSULTANTS (87) INC 48,524.80 379.10 A0242 100% MAVERICK LAND CONSULTANTS (87) INC 48,524.80 379.10 A0243 100% MAVERICK LAND CONSULTANTS (87) INC 72,787.20 379.10 A0244 100% CANADIAN LANDMASTERS RESOURCE SERVICES 61,439.36 959.99 LTD A0245 100% BELLATOR EXPLORATION INC 407,034.88 1,589.98 A0246 100% ISH ENERGY LTD 115,604.00 451.58 A0247 100% CANADIAN CONQUEST EXPLORATION INC 21,212.16 82.86 A0248 100% CANRISE RESOURCES LTD. 10,641.92 41.57 A0249 100% RAVEN RESOURCES LTD 3,421.00 13.36 A0250 100% SUNCOR ENERGY INC. 13,199.36 51.56 A0251 No Offers A0252 100% CHEVRON CANADA RESOURCES LIMITED 13,148.16 51.36 A0253 No Offers A0254 No Offers A0255 100% MAVERICK LAND CONSULTANTS (87) INC 21,493.76 83.96 A0256 100% 580302 ALBERTA LTD 2,333.00 9.11 A0257 100% CAVALIER LAND LTD 26,229.76 51.23 A0258 100% AEC OIL & GAS CO. LTD. 22,499.84 87.89 A0259 100% AEC OIL & GAS CO. LTD. 22,499.84 87.89 A0260 100% REGENT LAND SERVICES LTD 53,642.44 209.54 A0261 100% SCOTT LAND & LEASE LTD 134,627.84 525.89 A0262 100% SCOTT LAND & LEASE LTD 117,652.48 459.58 A0263 100% CANADIAN LANDMASTERS RESOURCE SERVICES 15,609.60 121.95 LTD A0264 100% CONCREST CORPORATION LTD 5,223.00 20.40 A0265 100% BRISTOL LAND & LEASING LTD. 35,266.56 68.88 A0266 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 2,471.04 38.61 LTD A0267 100% BOUNTY DEVELOPMENTS LTD 12,600.00 196.88 A0268 100% CANADIAN LANDMASTERS RESOURCE SERVICES 13,255.68 51.78 LTD A0269 100% BANCROFT OIL AND GAS LTD 168,384.00 657.75 A0270 100% BANCROFT OIL AND GAS LTD 145,346.56 567.76 A0271 100% BANCROFT OIL AND GAS LTD 32,696.32 127.72 A0272 100% WINDFALL RESOURCES LTD 52,679.68 205.78 A0273 100% SCOTT LAND & LEASE LTD 35,699.20 139.45 A0274 100% CANOIL ENERGY CORPORATION 54,328.32 212.22 Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0275 100% BENCHMARK LAND & MINERAL COMPANY LTD 75,316.24 294.20 A0276 100% BANCROFT OIL AND GAS LTD 15,347.20 59.95 A0277 100% BENCHMARK LAND & MINERAL COMPANY LTD 20,514.93 320.55 A0278 100% BENCHMARK LAND & MINERAL COMPANY LTD 20,514.93 320.55 A0279 100% RANGELAND CONSULTING INC 10,687.00 333.97 A0280 100% FIRSTLAND ENERGY LIMITED 4,164.00 16.27 A0281 100% BONAVISTA PETROLEUM LTD. 9,809.92 38.32 A0282 100% BONAVISTA PETROLEUM LTD. 22,277.12 87.02 A0283 100% BONAVISTA PETROLEUM LTD. 7,009.28 27.38 A0284 100% SCOTT LAND & LEASE LTD 29,862.40 116.65 A0285 100% SCOTT LAND & LEASE LTD 102,714.88 401.23 A0286 100% SCOTT LAND & LEASE LTD 53,068.80 207.30 A0287 100% SCOTT LAND & LEASE LTD 33,013.76 128.96 A0288 100% SCOTT LAND & LEASE LTD 29,276.16 114.36 A0289 100% PHILLIPS PETROLEUM RESOURCES, LTD. 80,468.48 628.66 A0290 100% PHILLIPS PETROLEUM RESOURCES, LTD. 58,026.24 906.66 A0291 100% PHILLIPS PETROLEUM RESOURCES, LTD. 1,706.24 26.66 A0292 80% STONE PETROLEUMS LTD 2,370.00 12.34 20% SUPERNOVA RESOURCES LTD. ** FOOTHILLS ** A0293 100% WESTERN LAND SERVICES CO. LTD. 401,920.00 1,570.00 A0294 100% MAVERICK LAND CONSULTANTS (87) INC 15,872.00 62.00 A0295 100% MAVERICK LAND CONSULTANTS (87) INC 110,592.00 432.00 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 2,440,693.42 9,469.7800 257.73 NORTHERN 4,874,888.06 15,200.0000 320.72 FOOTHILL 528,384.00 768.0000 688.00 -------- ------------- ------------ ---------- TOTAL : 7,843,965.48 25,437.7800 308.36 Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0041 50% CANADIAN 88 ENERGY CORP 3,050,576.00 1,288.25 50% NEWPORT PETROLEUM CORPORATION B0042 100% ANDERSON RESOURCES LTD. 372,520.96 415.76 B0043 100% RIGEL OIL & GAS LTD. 7,073.28 9.21 ** NORTHERN ** B0044 100% MAVERICK LAND CONSULTANTS (87) INC 1,723,008.00 1,282.00 B0045 100% MAVERICK LAND CONSULTANTS (87) INC 964,915.20 837.60 B0046 100% ANTELOPE LAND SERVICES LTD 126,604.00 494.55 B0047 100% SCOTT LAND & LEASE LTD 468,776.96 457.79 B0048 100% POCO PETROLEUMS LTD. 72,142.00 187.87 B0049 100% BRISTOL LAND & LEASING LTD. 60,314.88 157.07 B0050 100% CRESTAR ENERGY INC 19,673.60 15.37 B0051 100% GOODWELL PETROLEUM CORPORATION LTD 2,918.40 2.28 B0052 100% CRESTAR ENERGY INC 23,608.32 15.37 B0053 100% GOODWELL PETROLEUM CORPORATION LTD 2,293.78 1.28 B0054 100% ANTELOPE LAND SERVICES LTD 137,408.00 113.00 B0055 100% PIONEER LAND SERVICES LTD 80,632.32 209.98 B0056 100% STANDARD LAND COMPANY INC. 108,318.72 105.78 B0057 50% RICHLAND PETROLEUM CORPORATION 213,160.96 107.44 50% NEWPORT PETROLEUM CORPORATION B0058 100% WESTERN LAND SERVICES CO. LTD. 81,984.00 106.75 B0059 100% PETROLAND SERVICES (1986) LTD 54,159.36 105.78 B0060 100% STANDARD LAND COMPANY INC. 67,628.80 105.67 B0061 100% WESTERN LAND SERVICES CO. LTD. 81,984.00 106.75 B0062 100% CANADIAN COASTAL RESOURCES LTD 76,652.80 34.22 B0063 100% PETROLAND SERVICES (1986) LTD 54,159.36 105.78 B0064 100% MAVERICK LAND CONSULTANTS (87) INC 400,688.64 521.73 B0065 100% MAVERICK LAND CONSULTANTS (87) INC 1,084,195.84 2,117.57 B0066 50% RICHLAND PETROLEUM CORPORATION 418,060.80 181.45 50% NEWPORT PETROLEUM CORPORATION B0067 100% MAVERICK LAND CONSULTANTS (87) INC 710,661.12 462.67 B0068M To Be Announced B0069 100% SCOTT LAND & LEASE LTD 176,824.32 172.68 B0070 50% BOUNTY DEVELOPMENTS LTD 456,380.00 1,426.19 30% CYPRESS ENERGY INC. 10% MAGRATH ENERGY CORPORATION 10% AVALANCHE ENERGY CORPORATION Petroleum & Natural Gas Sales Results For APRIL 15, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0071 100% BENCHMARK LAND & MINERAL COMPANY LTD 173,163.52 338.21 ** FOOTHILLS ** B0072 55% SHELL CANADA LIMITED 185,669.30 305.28 20% PARAMOUNT RESOURCES LTD. 20% BERKLEY PETROLEUM CORP. 5% NEW ENERGY WEST CORPORATION B0073 55% SHELL CANADA LIMITED 151,760.00 206.20 20% PARAMOUNT RESOURCES LTD. 20% BERKLEY PETROLEUM CORP. 5% NEW ENERGY WEST CORPORATION B0074 100% NEWPORT PETROLEUM CORPORATION 132,510.72 172.54 B0075 100% NEWPORT PETROLEUM CORPORATION 232,017.92 226.58 B0076 50% CANADIAN 88 ENERGY CORP 2,161,751.04 1,876.52 50% NEWPORT PETROLEUM CORPORATION B0077 50% CANADIAN 88 ENERGY CORP 514,214.40 401.73 50% NEWPORT PETROLEUM CORPORATION **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,430,170.24 4,032.0000 850.74 NORTHERN 7,840,317.70 27,456.0000 285.56 FOOTHILL 3,377,923.38 5,568.2000 606.65 -------- ------------- ------------ ---------- TOTAL : 14,648,411.32 37,056.2000 395.30 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 5,870,863.66 13,501.7800 434.82 NORTHERN 12,715,205.76 42,656.0000 298.09 FOOTHILL 3,906,307.38 6,336.2000 616.51 -------- ------------- ------------ ---------- TOTAL : 22,492,376.80 62,493.9800 359.91 &l2A&l6D