Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0001 100% 580302 ALBERTA LTD 2,335.00 9.12 A0002 100% PINNACLE RESOURCES LTD 4,915.20 19.20 A0003 100% SCOTT LAND & LEASE LTD 166,225.92 108.22 A0004 100% SCOTT LAND & LEASE LTD 115,737.60 90.42 A0005 100% J. M. HUBER CANADA LIMITED 13,703.68 53.53 A0006 100% ALTANA EXPLORATION LTD. 30,656.00 119.75 A0007 100% ALTANA EXPLORATION LTD. 27,048.96 105.66 A0008 100% J. M. HUBER CANADA LIMITED 8,071.68 31.53 A0009 100% ALTANA EXPLORATION LTD. 29,478.40 115.15 A0010 100% J. M. HUBER CANADA LIMITED 20,554.24 80.29 A0011 100% UNION PACIFIC RESOURCES INC. 5,220.48 81.57 A0012 100% QUEST ENERGY INC. 10,150.00 158.59 A0013 100% QUEST ENERGY INC. 4,150.00 64.84 A0014 100% QUEST ENERGY INC. 4,150.00 64.84 A0015 100% MAVERICK LAND CONSULTANTS (87) INC 80,637.44 314.99 A0016 100% NEWPORT PETROLEUM CORPORATION 55,395.84 216.39 A0017 100% PANCANADIAN PETROLEUM LIMITED 40,401.92 157.82 A0018 100% MERIT ENERGY LTD. 32,596.48 127.33 A0019 100% ENRON OIL CANADA LTD 30,059.52 117.42 A0020 100% CAVALIER LAND LTD 234,604.00 916.42 A0021 100% CANADIAN LANDMASTERS RESOURCE SERVICES 310,104.00 1,211.34 LTD A0022 80% STONE PETROLEUMS LTD 650.00 2.54 20% SUPERNOVA RESOURCES LTD. A0023 100% CAVALIER LAND LTD 173,604.00 678.14 A0024 100% CANADIAN LANDMASTERS RESOURCE SERVICES 649,154.00 2,535.76 LTD A0025 100% ENRON OIL CANADA LTD 54,891.52 214.42 A0026 100% CANADIAN LANDMASTERS RESOURCE SERVICES 59,454.00 232.24 LTD A0027 60% ACANTHUS RESOURCES LTD. 32,556.00 127.17 40% MAXWELL OIL & GAS LTD. A0028 100% CARAVAN OIL & GAS LTD. 5,354.65 20.92 A0029 100% MERIT ENERGY LTD. 2,048.00 8.00 A0030 100% STANDARD LAND COMPANY INC. 182,016.00 711.00 A0031 100% STANDARD LAND COMPANY INC. 182,016.00 711.00 A0032 100% CANADIAN 88 ENERGY CORP 6,552.00 51.19 A0033 100% CANADIAN 88 ENERGY CORP 4,276.00 66.81 A0034 100% SHELL CANADA LIMITED 33,333.00 130.21 A0035 100% FLETCHER CHALLENGE ENERGY CANADA INC. 21,980.80 343.45 A0036 100% WESTERN LAND SERVICES CO. LTD. 2,064.00 32.25 A0037 100% ALLIED LAND SERVICES (1978) LTD 16,320.00 127.50 A0038 33.34% ULSTER PETROLEUMS LTD. 20,880.00 326.25 33.33% GULF CANADA RESOURCES LIMITED 33.33% ISH ENERGY LTD A0039 100% FLETCHER CHALLENGE ENERGY CANADA INC. 52,834.56 825.54 A0040 No Offers A0041 100% TORRINGTON RESOURCES LTD 35,401.92 1,106.31 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0042 100% PIONEER LAND SERVICES LTD 103,193.60 403.10 A0043 100% CANADIAN LANDMASTERS RESOURCE SERVICES 55,828.00 290.77 LTD A0044 100% CABRE EXPLORATION LTD 72,025.60 281.35 A0045 100% PINNACLE RESOURCES LTD 17,344.00 67.75 A0046 100% FLETCHER CHALLENGE ENERGY CANADA INC. 13,495.68 210.87 A0047 100% RENAISSANCE ENERGY LTD. 3,386.00 52.91 A0048 100% RENAISSANCE ENERGY LTD. 3,386.00 52.91 A0049 100% FLETCHER CHALLENGE ENERGY CANADA INC. 7,089.28 110.77 A0050 100% POCO PETROLEUMS LTD. 161,964.00 632.67 A0051 100% APACHE CANADA LTD. 727.00 363.50 A0052 100% NORTHSTAR ENERGY CORPORATION 26,552.96 414.89 A0053 100% TORRINGTON RESOURCES LTD 33,742.72 527.23 A0054 100% FLETCHER CHALLENGE ENERGY CANADA INC. 20,305.92 158.64 A0055 100% FLETCHER CHALLENGE ENERGY CANADA INC. 20,305.92 158.64 A0056 100% BRITT RESOURCES LTD 42,321.92 165.32 A0057 100% BRITT RESOURCES LTD 57,280.00 223.75 A0058 100% BEAU CANADA EXPLORATION LTD 41,664.00 162.75 A0059 100% BEAU CANADA EXPLORATION LTD 71,552.00 279.50 A0060 100% PALADIN RESOURCES LIMITED 30,942.00 161.16 A0061 100% FOUNDERS ENERGY LTD. 11,189.76 43.71 A0062 100% TORRINGTON RESOURCES LTD 13,084.16 51.11 A0063 100% RENATA RESOURCES INC. 7,886.00 123.22 A0064 100% NORTHSTAR ENERGY CORPORATION 58,595.84 228.89 A0065 100% PROBE EXPLORATION INC 39,644.00 225.25 A0066 100% GOODWELL PETROLEUM CORPORATION LTD 3,527.78 13.78 A0067 100% MUTINY OIL & GAS LTD. 4,549.12 17.77 A0068 49.75% JAGUAR PETROLEUM CORPORATION 54,272.00 212.00 26.25% BARNWELL OF CANADA, LIMITED 16.00% MCCLOCKLIN EXPLORATION LTD 8.00% IMS PETROLEUM LTD. A0069 100% HIGHRIDGE EXPLORATION LTD. 4,189.90 16.37 A0070 100% SCOTT LAND & LEASE LTD 58,439.68 228.28 A0071 100% SCOTT LAND & LEASE LTD 22,184.96 86.66 A0072 100% CANADIAN NATURAL RESOURCES LIMITED 6,622.72 25.87 A0073 100% RENAISSANCE ENERGY LTD. 43,884.00 171.42 A0074 100% SCOTT LAND & LEASE LTD 38,786.56 151.51 A0075 80% STONE PETROLEUMS LTD 140.00 4.02 20% SUPERNOVA RESOURCES LTD. A0076 100% CANADIAN CONQUEST EXPLORATION INC 105,246.72 205.56 A0077 100% CANADIAN LANDMASTERS RESOURCE SERVICES 20,751.36 81.06 LTD A0078 100% ELK POINT RESOURCES INC. 71,424.00 139.50 A0079 100% ANDERSON RESOURCES LTD. 4,544.00 17.75 A0080 100% ANDERSON RESOURCES LTD. 27,304.96 106.66 A0081 100% ANDERSON RESOURCES LTD. 72,332.80 282.55 A0082 100% CANADIAN NATURAL RESOURCES LIMITED 8,110.08 31.68 A0083 100% CANADIAN NATURAL RESOURCES LIMITED 27,614.72 107.87 A0084 80% CANADIAN ABRAXAS PETROLEUM LIMITED 10,275.84 40.14 20% CASCADE OIL & GAS LTD. Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0085 100% CANADIAN NATURAL RESOURCES LIMITED 24,773.12 96.77 ** NORTHERN ** A0086 100% WESTERN LAND SERVICES CO. LTD. 66,900.48 261.33 A0087 100% PROPHET PETROLEUMS LTD 4,128.00 32.25 A0088 100% PROPHET PETROLEUMS LTD 2,452.00 38.31 A0089 100% SCOTT LAND & LEASE LTD 156,610.56 611.76 A0090 100% POCO PETROLEUMS LTD. 14,986.00 78.05 A0091 100% BRITT RESOURCES LTD 39,900.16 311.72 A0092 100% APACHE CANADA LTD. 41,818.00 326.70 A0093 100% APACHE CANADA LTD. 50,057.00 260.71 A0094 100% ANTELOPE LAND SERVICES LTD 155,271.68 606.53 A0095 100% ANTELOPE LAND SERVICES LTD 155,271.68 606.53 A0096 100% POCO PETROLEUMS LTD. 73,957.00 577.79 A0097 100% POCO PETROLEUMS LTD. 43,340.00 169.30 A0098 100% POCO PETROLEUMS LTD. 43,340.00 169.30 A0099 100% BRIO ENERGY CORPORATION 66,122.24 258.29 A0100 100% WESTERN LAND SERVICES CO. LTD. 311,201.28 1,215.63 A0101 100% MAVERICK LAND CONSULTANTS (87) INC 8,165.12 63.79 A0102 100% MAVERICK LAND CONSULTANTS (87) INC 17,269.76 134.92 A0103 100% POCO PETROLEUMS LTD. 20,252.00 79.11 A0104 100% POCO PETROLEUMS LTD. 3,772.00 29.47 A0105 100% ARCHEAN ENERGY LTD. 7,965.44 62.23 A0106 100% ANTELOPE LAND SERVICES LTD 425,707.52 1,662.92 A0107 100% SCOTT LAND & LEASE LTD 364,011.52 1,421.92 A0108 100% RED MOUNTAIN RESOURCES INC. 117,120.28 915.00 A0109 100% POCO PETROLEUMS LTD. 81,378.00 317.88 A0110 100% CANADIAN LANDMASTERS RESOURCE SERVICES 52,477.44 204.99 LTD A0111 100% RED MOUNTAIN RESOURCES INC. 202,564.64 1,055.02 A0112 100% PROPHET PETROLEUMS LTD 6,597.00 103.08 A0113 100% SASKATOON ASSETS INC 166,976.00 652.25 A0114 100% CANADIAN COASTAL RESOURCES LTD 159,313.92 829.76 A0115 100% CANADIAN COASTAL RESOURCES LTD 212,418.56 829.76 A0116 100% CABRE EXPLORATION LTD 41,838.08 163.43 A0117 100% CABRE EXPLORATION LTD 67,735.04 264.59 A0118 100% PROPHET PETROLEUMS LTD 29,319.00 114.53 A0119 100% BEAU CANADA EXPLORATION LTD 117,314.56 458.26 A0120 100% BEAU CANADA EXPLORATION LTD 87,985.92 458.26 A0121 100% BEAU CANADA EXPLORATION LTD 97,886.72 382.37 A0122 100% BEAU CANADA EXPLORATION LTD 97,886.72 382.37 A0123 100% MAVERICK LAND CONSULTANTS (87) INC 136,960.00 535.00 A0124 100% TRIUMPH ENERGY CORPORATION 5,611.00 87.67 A0125 100% BEAU CANADA EXPLORATION LTD 103,169.28 268.67 A0126 100% NORTHSTAR ENERGY CORPORATION 26,841.60 104.85 A0127 100% POCO PETROLEUMS LTD. 51,360.00 267.50 A0128 100% POCO PETROLEUMS LTD. 51,360.00 267.50 A0129 100% POCO PETROLEUMS LTD. 70,809.60 276.60 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0130 100% BANCROFT OIL AND GAS LTD 3,649.28 28.51 A0131 100% PIONEER LAND SERVICES LTD 16,865.28 65.88 A0132 100% CANADIAN HUNTER EXPLORATION LTD 103,587.84 404.64 A0133 100% ANTELOPE LAND SERVICES LTD 29,153.28 113.88 A0134 100% ANTELOPE LAND SERVICES LTD 29,153.28 113.88 A0135 100% BANCROFT OIL AND GAS LTD 9,259.52 36.17 A0136 100% CANADIAN HUNTER EXPLORATION LTD 155,253.76 606.46 A0137 100% CANADIAN HUNTER EXPLORATION LTD 103,587.84 404.64 A0138 100% BANCROFT OIL AND GAS LTD 2,196.48 8.58 A0139 100% CANADIAN HUNTER EXPLORATION LTD 11,376.64 44.44 A0140 100% BRISTOL LAND & LEASING LTD. 137,692.16 537.86 A0141 80% STONE PETROLEUMS LTD 640.00 2.50 20% SUPERNOVA RESOURCES LTD. A0142 100% PIONEER LAND SERVICES LTD 16,865.28 65.88 A0143 50% MOBIL OIL CANADA, LTD 84,238.08 219.37 50% CRESTAR ENERGY INC A0144 100% CANADIAN COASTAL RESOURCES LTD 155,805.44 1,217.23 A0145 100% ANTELOPE LAND SERVICES LTD 10,800.64 42.19 A0146 100% BANCROFT OIL AND GAS LTD 3,302.40 25.80 A0147 100% BANCROFT OIL AND GAS LTD 3,302.40 25.80 A0148 100% POCO PETROLEUMS LTD. 64,870.40 253.40 A0149 100% MAVERICK LAND CONSULTANTS (87) INC 118,272.00 308.00 A0150 100% CANADIAN HUNTER EXPLORATION LTD 68,227.20 355.35 A0151 100% MSL LAND SERVICES (90) LTD. 38,850.56 151.76 A0152 100% ANTELOPE LAND SERVICES LTD 36,830.72 143.87 A0153 100% WINDFALL RESOURCES LTD 33,141.76 129.46 A0154 100% CANADIAN LANDMASTERS RESOURCE SERVICES 303,247.36 1,184.56 LTD A0155 100% ULSTER PETROLEUMS LTD. 209,438.72 818.12 A0156 66% NEW CACHE PETROLEUMS LTD 2,714.88 21.21 34% CROWNJOULE EXPLORATION LTD. A0157 66% NEW CACHE PETROLEUMS LTD 2,714.88 21.21 34% CROWNJOULE EXPLORATION LTD. A0158 66% NEW CACHE PETROLEUMS LTD 4,072.32 21.21 34% CROWNJOULE EXPLORATION LTD. A0159 100% 580302 ALBERTA LTD 2,783.00 21.74 A0160 66% NEW CACHE PETROLEUMS LTD 1,165.44 18.21 34% CROWNJOULE EXPLORATION LTD. A0161 66% NEW CACHE PETROLEUMS LTD 1,165.44 18.21 34% CROWNJOULE EXPLORATION LTD. A0162 100% WESTERN LAND SERVICES CO. LTD. 6,003.20 23.45 A0163 100% ULSTER PETROLEUMS LTD. 17,840.64 69.69 A0164 100% CANADIAN NATURAL RESOURCES LIMITED 12,510.72 48.87 A0165 100% RENAISSANCE ENERGY LTD. 13,364.00 52.20 A0166 100% RENAISSANCE ENERGY LTD. 36,554.00 142.79 A0167 100% NUMAC ENERGY INC. 20,710.40 80.90 A0168 100% CANADIAN NATURAL RESOURCES LIMITED 16,325.12 63.77 A0169 100% MAVERICK LAND CONSULTANTS (87) INC 64,284.16 251.11 A0170 100% MAVERICK LAND CONSULTANTS (87) INC 51,484.16 201.11 A0171 100% CANADIAN NATURAL RESOURCES LIMITED 30,013.44 117.24 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0172 100% WESTERN LAND SERVICES CO. LTD. 6,970.88 27.23 A0173 No Offers A0174 100% SCOTT LAND & LEASE LTD 317,857.28 1,241.63 A0175 100% MAVERICK LAND CONSULTANTS (87) INC 31,255.04 122.09 A0176 100% UNION PACIFIC RESOURCES INC. 59,846.32 233.77 A0177 100% PENN WEST PETROLEUM LTD 4,820.48 18.83 A0178 100% PENN WEST PETROLEUM LTD 28,559.36 111.56 A0179 100% PENN WEST PETROLEUM LTD 16,778.24 65.54 A0180 100% PENN WEST PETROLEUM LTD 35,558.40 138.90 A0181 100% PENN WEST PETROLEUM LTD 9,121.28 35.63 A0182 100% AEC OIL & GAS CO. LTD. 21,685.76 84.71 A0183 100% COPAREX CANADA LTD. 23,744.00 92.75 A0184 100% PENN WEST PETROLEUM LTD 21,335.04 83.34 A0185 100% PENN WEST PETROLEUM LTD 57,630.72 225.12 A0186 100% PENN WEST PETROLEUM LTD 35,371.52 138.17 A0187 100% PENN WEST PETROLEUM LTD 4,584.96 17.91 A0188 50% TALISMAN ENERGY INC. 55,774.72 217.87 50% ANDERSON RESOURCES LTD. A0189 50% TALISMAN ENERGY INC. 27,887.36 217.87 50% ANDERSON RESOURCES LTD. A0190 50% TALISMAN ENERGY INC. 55,774.72 217.87 50% ANDERSON RESOURCES LTD. A0191 100% SUNOMA ENERGY CORP. 66,048.00 258.00 A0192 100% CHARTER LAND SERVICES LTD. 83,965.44 327.99 A0193 100% TUSK ENERGY INC 42,155.52 164.67 A0194 100% AMBER ENERGY INC 27,873.28 108.88 A0195 100% AMBER ENERGY INC 15,073.28 58.88 A0196 100% COMETRA ENERGY (CANADA) LTD. 38,826.24 303.33 A0197 100% RIGEL OIL & GAS LTD. 90,734.08 354.43 A0198 100% APACHE CANADA LTD. 68,317.00 266.86 A0199 100% APACHE CANADA LTD. 34,159.00 266.87 A0200 100% DEB INDUSTRIES LTD. 11,228.16 87.72 A0201 100% BLUE RANGE RESOURCE CORPORATION 208,099.84 812.89 A0202 100% BLUE RANGE RESOURCE CORPORATION 177,379.84 692.89 A0203 100% WHITE MINERALS LTD 670.00 10.47 A0204 100% RAVEN RESOURCES LTD 723.00 11.30 A0205 100% SCOTT LAND & LEASE LTD 105,216.00 411.00 A0206 100% SHELL CANADA LIMITED 53,689.00 209.72 A0207 100% CANADIAN LANDMASTERS RESOURCE SERVICES 133,601.28 521.88 LTD A0208 100% POCO PETROLEUMS LTD. 160,115.20 625.45 A0209 100% RENAISSANCE ENERGY LTD. 32,876.00 513.69 A0210 100% RIGEL OIL & GAS LTD. 15,073.28 58.88 A0211 100% RIGEL OIL & GAS LTD. 15,073.28 58.88 A0212 100% RENAISSANCE ENERGY LTD. 65,752.00 513.69 A0213 100% RIGEL OIL & GAS LTD. 15,073.28 58.88 A0214 100% DELTA RESOURCES INC. 48,164.00 752.56 ** FOOTHILLS ** A0215 100% BRITT RESOURCES LTD 73,604.00 287.52 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0216 100% BRISTOL LAND & LEASING LTD. 101,137.92 395.07 A0217 100% BRISTOL LAND & LEASING LTD. 75,608.32 1,181.38 A0218 100% SCOTT LAND & LEASE LTD 10,693.12 41.77 A0219 100% CYPRESS ENERGY INC. 28,604.00 111.73 A0220 100% MAGIN ENERGY INC. 69,632.00 272.00 A0221 100% SCOTT LAND & LEASE LTD 91,822.08 358.68 A0222 100% PETRO-CANADA 105,894.40 413.65 A0223 100% MOBIL OIL CANADA, LTD 67,776.63 353.00 A0224 25.78125% PETRO-CANADA 105,274.88 411.23 25.78125% PCC ENERGY INC. 21.87500% MOBIL OIL CANADA, LTD 17.18750% TALISMAN ENERGY INC. 9.37500% WASCANA ENERGY INC. A0225 100% PROPHET PETROLEUMS LTD 81,357.00 317.80 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 4,284,063.49 19,828.8000 216.05 NORTHERN 8,415,179.00 28,160.0000 298.83 FOOTHILL 811,404.35 2,560.0000 316.95 -------- ------------- ------------ ---------- TOTAL : 13,510,646.84 50,548.8000 267.28 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0001 100% RENAISSANCE ENERGY LTD. 256,887.68 161.06 B0002 100% CANADIAN LANDMASTERS RESOURCE SERVICES 28,366.98 26.82 LTD B0003 100% CANADIAN NATURAL RESOURCES LIMITED 58,344.96 75.97 B0004 100% CANADIAN NATURAL RESOURCES LIMITED 34,749.44 67.87 B0005 100% SCOTT LAND & LEASE LTD 33,615.36 131.31 B0006 No Offers B0007 100% UNION PACIFIC RESOURCES INC. 24,168.96 31.47 B0008 100% UNION PACIFIC RESOURCES INC. 210,132.48 273.61 B0009 100% CANADIAN CONQUEST EXPLORATION INC 157,777.92 205.44 B0010 100% CANADIAN CONQUEST EXPLORATION INC 133,332.48 173.61 B0011 100% OUTLOOK ENERGY CORP. 37,014.25 72.29 B0012 100% OUTLOOK ENERGY CORP. 48,672.48 47.53 B0013 100% CANADIAN NATURAL RESOURCES LIMITED 4,080.64 7.97 B0014 100% TETHYS ENERGY INC. 48,768.00 63.50 B0015 100% TETHYS ENERGY INC. 31,057.92 30.33 B0016 100% BIRCHILL RESOURCES LIMITED 115,927.04 113.21 B0017 100% CALAHOO PETROLEUM LTD 59,274.00 77.18 B0018 100% ELK POINT RESOURCES INC. 61,056.00 79.50 B0019 100% ELK POINT RESOURCES INC. 105,024.00 136.75 B0020 100% RENAISSANCE ENERGY LTD. 27,572.00 35.90 B0021 100% RENAISSANCE ENERGY LTD. 27,574.00 107.71 ** NORTHERN ** B0022 100% ANTELOPE LAND SERVICES LTD 759,697.92 329.73 B0023 100% ANDERSON RESOURCES LTD. 175,776.00 109.86 B0024 100% WESTERN LAND SERVICES CO. LTD. 1,121,126.40 875.88 B0025 100% RED MOUNTAIN RESOURCES INC. 106,483.44 415.95 B0026 100% WESTERN LAND SERVICES CO. LTD. 116,736.00 228.00 B0027 100% CROWN RESOURCES CORP. 78,848.00 154.00 B0028 100% TRIUMPH ENERGY CORPORATION 16,671.00 32.56 B0029 100% CHARTER LAND SERVICES LTD. 45,854.72 89.56 B0030 100% NORTHSTAR ENERGY CORPORATION 160,412.16 208.87 B0031 100% CANADIAN HUNTER EXPLORATION LTD 156,149.76 203.32 B0032 100% ANTELOPE LAND SERVICES LTD 65,761.28 128.44 B0033 100% CANADIAN HUNTER EXPLORATION LTD 155,612.16 303.93 B0034 100% ANTELOPE LAND SERVICES LTD 42,920.96 83.83 B0035 100% BANCROFT OIL AND GAS LTD 21,585.92 42.16 B0036 100% MAVERICK LAND CONSULTANTS (87) INC 377,722.88 368.87 B0037 100% SCOTT LAND & LEASE LTD 156,334.08 203.56 B0038 100% FOUR WEST LAND CONSULTANTS LTD 210,778.88 126.67 B0039 100% ANDERSON RESOURCES LTD. 528,217.60 412.67 B0040 100% WESTERN LAND SERVICES CO. LTD. 270,159.36 351.77 B0041 100% POCO PETROLEUMS LTD. 60,001.28 234.38 B0042 100% MSL LAND SERVICES (90) LTD. 79,319.04 206.56 B0043 100% SCOTT LAND & LEASE LTD 132,177.92 129.08 B0044 100% PETROMET RESOURCES LIMITED 14,243.84 27.82 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 8 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0045 100% SCOTT LAND & LEASE LTD 68,643.84 89.38 B0046 100% BANCROFT OIL AND GAS LTD 67,353.60 43.85 B0047 100% RENAISSANCE ENERGY LTD. 13,775.00 10.76 B0048 100% MAVERICK LAND CONSULTANTS (87) INC 116,052.48 151.11 B0049 100% CANADIAN LANDMASTERS RESOURCE SERVICES 175,626.24 114.34 LTD B0050 100% ANTELOPE LAND SERVICES LTD 1,277,652.48 511.88 B0051 75% ANDERSON RESOURCES LTD. 211,128.32 206.18 25% STAR OIL & GAS LTD. B0052 100% ANTELOPE LAND SERVICES LTD 812,213.76 1,057.57 B0053 100% MAVERICK LAND CONSULTANTS (87) INC 50,780.16 66.12 B0054 100% UNION PACIFIC RESOURCES INC. 375,742.64 733.87 B0055 100% TRUE NORTH LAND SERVICES LTD. 318,228.77 310.77 B0056 100% MAVERICK LAND CONSULTANTS (87) INC 46,494.72 181.62 B0057 100% WESTERN LAND SERVICES CO. LTD. 157,824.00 822.00 B0058 100% WESTERN LAND SERVICES CO. LTD. 85,688.32 1,338.88 B0059 100% RENAISSANCE ENERGY LTD. 565,976.00 245.65 B0060 100% RENAISSANCE ENERGY LTD. 317,876.00 310.43 B0061 100% BAYTEX ENERGY LTD. 52,877.00 33.05 B0062 100% RENAISSANCE ENERGY LTD. 272,574.00 177.46 B0063 100% MAVERICK LAND CONSULTANTS (87) INC 173,926.40 135.88 B0064 100% COMPTON PETROLEUM CORPORATION 44,800.00 87.50 B0065 100% INUVIALUIT ENERGY INC. 18,831.36 36.78 B0066 100% STANDARD LAND COMPANY INC. 31,027.20 48.48 B0067 100% STANDARD LAND COMPANY INC. 172,719.36 122.67 B0068 66.667% SAMSON CANADA, LTD. 28,444.16 111.11 16.667% CABRE EXPLORATION LTD 16.666% INUVIALUIT ENERGY INC. B0069 60% SAMSON CANADA, LTD. 8,960.00 35.00 40% INUVIALUIT ENERGY INC. B0070 100% BRITT RESOURCES LTD 436,244.48 121.72 B0071 100% MAVERICK LAND CONSULTANTS (87) INC 1,364,382.72 183.78 B0072 100% NORTHSTAR ENERGY CORPORATION 48,821.76 14.67 B0073 100% BRITT RESOURCES LTD 533,176.32 86.78 B0074 100% NORTHSTAR ENERGY CORPORATION 234,864.64 28.67 B0075 No Offers B0076 100% SCOTT LAND & LEASE LTD 40,043.52 26.07 B0077 100% SCOTT LAND & LEASE LTD 65,571.84 42.69 ** FOOTHILLS ** B0078 100% RAVEN RESOURCES LTD 6,495.00 12.69 B0079 100% AMOCO CANADA PETROLEUM COMPANY LTD. 220,392.96 286.97 B0080 100% WINDFALL RESOURCES LTD 192,000.00 187.50 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,503,396.59 15,452.6280 97.29 NORTHERN 13,040,911.69 74,816.0000 174.31 FOOTHILL 418,887.96 2,304.0000 181.81 -------- ------------- ------------ ---------- TOTAL : 14,963,196.24 92,572.6280 161.64 Petroleum & Natural Gas Sales Results For MAY 13, 1998 PAGE 9 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 5,787,460.08 35,281.4280 164.04 NORTHERN 21,456,090.69 102,976.0000 208.36 FOOTHILL 1,230,292.31 4,864.0000 252.94 -------- ------------- ------------ ---------- TOTAL : 28,473,843.08 143,121.4280 198.95 &l2A&l6D