Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0226 50% REGENT RESOURCES LTD. 60,231.68 235.28 50% MOIIBUS RESOURCE CORPORATION A0227 100% ESKER RESOURCES LTD. 13,305.00 103.95 A0228 100% ESKER RESOURCES LTD. 8,444.00 65.97 A0229 50% BIRCHILL RESOURCES LIMITED 884.00 13.81 50% REAL RESOURCES INC. A0230 No Offers A0231 50% BIRCHILL RESOURCES LIMITED 5,524.00 86.31 50% REAL RESOURCES INC. A0232 50% BIRCHILL RESOURCES LIMITED 884.00 13.81 50% REAL RESOURCES INC. A0233 50% BIRCHILL RESOURCES LIMITED 2,324.00 36.31 50% REAL RESOURCES INC. A0234 50% BIRCHILL RESOURCES LIMITED 13,524.00 211.31 50% REAL RESOURCES INC. A0235 No Offers A0236 No Offers A0237 No Offers A0238 50% BIRCHILL RESOURCES LIMITED 3,924.00 61.31 50% REAL RESOURCES INC. A0239 No Offers A0240 No Offers A0241 No Offers A0242 50% BIRCHILL RESOURCES LIMITED 10,548.00 82.41 50% REAL RESOURCES INC. A0243 No Offers A0244 No Offers A0245 100% 650591 ALBERTA INC 12,864.00 201.00 A0246 100% 650591 ALBERTA INC 44,800.00 175.00 A0247 100% 650591 ALBERTA INC 78,080.00 305.00 A0248 100% MOXIE PETROLEUM LTD. 26,688.00 208.50 A0249 100% 650591 ALBERTA INC 57,600.00 225.00 A0250 100% REDBURY RESOURCES LTD. 4,860.00 151.88 A0251 100% REDBURY RESOURCES LTD. 50,382.00 1,574.44 A0252 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,498.96 6.81 30% FIREFLY RESOURCES LTD A0253 100% ARDAL PETROLEUM INC. 3,890.40 15.20 A0254 100% BRISTOL LAND & LEASING LTD. 18,732.80 146.35 A0255 100% BERKLEY PETROLEUM CORP. 34,417.28 537.77 A0256 100% MOBIL OIL CANADA, LTD 775,879.68 3,030.78 A0257 95% POCO PETROLEUMS LTD. 158,269.00 618.24 5% RANGELAND RESOURCES LTD A0258 100% CANADIAN 88 ENERGY CORP 22,159.00 86.56 A0259 100% SCOTT LAND & LEASE LTD 61,152.00 477.75 A0260 100% RENAISSANCE ENERGY LTD. 4,484.00 17.52 A0261 100% RENAISSANCE ENERGY LTD. 4,484.00 17.52 A0262 100% ORION ENERGY HOLDINGS INC. 51,328.00 802.00 A0263 100% PETROLAND SERVICES (1986) LTD 67,445.76 263.46 A0264 100% PETROLAND SERVICES (1986) LTD 54,753.28 213.88 A0265 100% RENAISSANCE ENERGY LTD. 20,774.00 81.15 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0266 100% CALAHOO PETROLEUM LTD 6,463.00 100.98 A0267 100% CALAHOO PETROLEUM LTD 9,899.00 154.67 A0268 100% CALAHOO PETROLEUM LTD 4,864.00 76.00 A0269 100% ENCAL ENERGY LTD 52,963.84 206.89 A0270 100% PROGRESS ENERGY LTD. 66,048.00 258.00 A0271 100% NORTHSTAR ENERGY CORPORATION 39,564.16 258.86 A0272 100% PIONEER NATURAL RESOURCES CANADA INC. 640.00 10.00 A0273 100% PIONEER NATURAL RESOURCES CANADA INC. 15,000.00 375.00 A0274 100% WOLVERINE ENERGY CORP. 56,012.32 500.11 A0275 100% CENTENNIAL LAND SERVICES LTD. 80,780.80 315.55 A0276 100% BEAU CANADA EXPLORATION LTD 14,784.00 57.75 A0277 100% NORTHSTAR ENERGY CORPORATION 9,505.36 83.86 A0278 100% ANDERSON RESOURCES LTD. 15,634.72 102.86 A0279 100% ANDERSON RESOURCES LTD. 7,405.92 102.86 A0280 100% RENAISSANCE ENERGY LTD. 2,356.00 36.81 A0281 100% INUVIALUIT ENERGY INC. 55,541.72 221.00 A0282 100% CHARTER LAND SERVICES LTD. 13,762.56 53.76 A0283 100% CANADIAN NATURAL RESOURCES LIMITED 3,013.12 11.77 A0284 100% CYPRESS ENERGY INC. 58,604.00 228.92 A0285 100% PROBE EXPLORATION INC 32,000.00 250.00 A0286 100% PROBE EXPLORATION INC 150,000.00 625.00 A0287 100% RENAISSANCE ENERGY LTD. 4,154.00 16.23 A0288 100% THE SOO LINE RESOURCE GROUP LTD. 64,776.12 477.70 A0289 100% TIER ONE ENERGY CORP. 9,104.00 35.56 A0290 100% TIER ONE ENERGY CORP. 35,302.00 275.80 A0291 100% UNION PACIFIC RESOURCES INC. 8,414.72 32.87 A0292 100% CENTENNIAL LAND SERVICES LTD. 52,405.76 204.71 A0293 100% CENTENNIAL LAND SERVICES LTD. 57,003.52 222.67 A0294 100% BIRCHILL RESOURCES LIMITED 32,289.28 126.13 A0295 100% GENESIS EXPLORATION LTD 19,386.88 75.73 A0296 100% CANADIAN LANDMASTERS RESOURCE SERVICES 21,557.76 84.21 LTD A0297 100% PANATLAS ENERGY INC. 32,000.00 125.00 A0298 100% GENESIS EXPLORATION LTD 35,228.16 137.61 A0299 100% SCOTT LAND & LEASE LTD 22,753.28 88.88 A0300 100% CANADIAN NATURAL RESOURCES LIMITED 10,408.96 40.66 A0301 100% RENAISSANCE ENERGY LTD. 42,774.00 167.09 A0302 100% CANADIAN NATURAL RESOURCES LIMITED 11,560.96 45.16 A0303 100% CANADIAN NATURAL RESOURCES LIMITED 24,353.28 95.13 A0304 100% CANADIAN NATURAL RESOURCES LIMITED 23,211.52 90.67 A0305 100% CANADIAN NATURAL RESOURCES LIMITED 29,473.28 115.13 ** NORTHERN ** A0306 100% GULF CANADA RESOURCES LIMITED 103,950.08 812.11 A0307 100% CHARTER LAND SERVICES LTD. 35,258.88 137.73 A0308 100% WESTERN LAND SERVICES CO. LTD. 105,689.60 412.85 A0309 100% MAVERICK LAND CONSULTANTS (87) INC 27,564.00 107.67 A0310 100% POCO PETROLEUMS LTD. 168,953.00 659.97 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0311 100% POCO PETROLEUMS LTD. 27,893.00 217.91 A0312 100% POCO PETROLEUMS LTD. 27,893.00 217.91 A0313 100% PROGRESS ENERGY LTD. 7,104.00 37.00 A0314 100% VERMILION RESOURCES LTD 39,421.44 153.99 A0315 100% MAVERICK LAND CONSULTANTS (87) INC 8,389.00 32.77 A0316 100% SCARLET EXPLORATION INC. 89,082.88 347.98 A0317 100% MAVERICK LAND CONSULTANTS (87) INC 53,489.92 417.89 A0318 100% PROPHET PETROLEUMS LTD 6,663.00 52.05 A0319 100% SCOTT LAND & LEASE LTD 103,851.52 405.67 A0320 100% PINNACLE RESOURCES LTD 106,974.72 417.87 A0321 100% SCOTT LAND & LEASE LTD 103,992.32 406.22 A0322 100% PINNACLE RESOURCES LTD 33,702.40 131.65 A0323 100% CANADIAN LANDMASTERS RESOURCE SERVICES 11,924.00 46.58 LTD A0324 100% CANADIAN LANDMASTERS RESOURCE SERVICES 11,924.00 46.58 LTD A0325 100% CHARTER LAND SERVICES LTD. 81,255.55 317.40 A0326 100% BANCROFT OIL AND GAS LTD 74,164.42 372.11 A0327 100% TALISMAN ENERGY INC. 14,812.16 57.86 A0328 100% TALISMAN ENERGY INC. 9,963.52 38.92 A0329 100% TALISMAN ENERGY INC. 63,201.28 246.88 A0330 100% TALISMAN ENERGY INC. 427,235.84 1,668.89 A0331 100% TALISMAN ENERGY INC. 226,749.44 885.74 A0332 50% TARRAGON OIL AND GAS LIMITED 38,898.90 151.95 50% HIGHRIDGE EXPLORATION LTD. A0333 100% BERKLEY PETROLEUM CORP. 55,129.60 215.35 A0334 100% TORRINGTON RESOURCES LTD 11,804.16 46.11 A0335 50% TARRAGON OIL AND GAS LIMITED 77,888.96 304.25 50% HIGHRIDGE EXPLORATION LTD. A0336 50% TARRAGON OIL AND GAS LIMITED 70,785.90 276.51 50% HIGHRIDGE EXPLORATION LTD. A0337 100% MOBIL OIL CANADA, LTD 111,073.28 433.88 A0338 100% UNION PACIFIC RESOURCES INC. 110,080.00 860.00 A0339 100% UNION PACIFIC RESOURCES INC. 110,336.00 862.00 A0340 100% UNION PACIFIC RESOURCES INC. 170,828.80 667.30 A0341 100% POCO PETROLEUMS LTD. 57,856.00 226.00 A0342 100% GENESIS EXPLORATION LTD 74,211.20 165.65 A0343 100% GENESIS EXPLORATION LTD 10,250.24 22.88 A0344 100% POCO PETROLEUMS LTD. 75,033.60 293.10 A0345 100% CANADIAN HUNTER EXPLORATION LTD 78,210.56 305.51 A0346 100% CANADIAN LANDMASTERS RESOURCE SERVICES 108,369.92 423.32 LTD A0347 100% CHARTER LAND SERVICES LTD. 70,625.28 275.88 A0348 100% CANADIAN HUNTER EXPLORATION LTD 78,210.56 305.51 A0349 50% WINTERSHALL CANADA LTD 21,957.12 85.77 50% ELK POINT RESOURCES INC. A0350 50% WINTERSHALL CANADA LTD 20,026.88 78.23 50% ELK POINT RESOURCES INC. A0351 100% CRESTAR ENERGY INC 187,788.80 733.55 A0352 100% PETRO-CANADA 1,451.52 11.34 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0353 100% PETRO-CANADA 1,451.52 11.34 A0354 100% MAGIN ENERGY INC. 80,369.28 1,255.77 A0355 100% ANTELOPE LAND SERVICES LTD 91,176.96 237.44 A0356 100% THE WISER OIL COMPANY OF CANADA 84,877.00 331.55 A0357 100% SASKATOON ASSETS INC 40,332.80 157.55 A0358 100% BANCROFT OIL AND GAS LTD 42,292.00 330.41 A0359 100% JET ENERGY CORP 13,312.00 208.00 A0360 100% JET ENERGY CORP 13,312.00 208.00 A0361 100% JET ENERGY CORP 13,312.00 208.00 A0362 100% JET ENERGY CORP 30,592.00 478.00 A0363 100% JET ENERGY CORP 32,768.00 128.00 A0364 50% CABRE EXPLORATION LTD 54,272.00 848.00 50% JET ENERGY CORP A0365 50% CABRE EXPLORATION LTD 54,272.00 848.00 50% JET ENERGY CORP A0366 50% CABRE EXPLORATION LTD 8,192.00 128.00 50% JET ENERGY CORP A0367 100% JET ENERGY CORP 66,816.00 348.00 A0368 100% CAVALIER LAND LTD 130,163.20 508.45 A0369 100% STANDARD LAND COMPANY INC. 41,297.92 161.32 A0370 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 30,266.88 118.23 LTD A0371 100% MSL LAND SERVICES LTD 78,882.00 154.07 A0372 100% BOUNTY DEVELOPMENTS LTD 6,000.00 93.75 A0373 100% BOUNTY DEVELOPMENTS LTD 6,000.00 93.75 A0374 100% BOUNTY DEVELOPMENTS LTD 102,000.00 796.88 A0375 100% CANADIAN LANDMASTERS RESOURCE SERVICES 36,352.00 142.00 LTD A0376 100% THE SOO LINE RESOURCE GROUP LTD. 131,287.94 512.84 A0377 100% WHITE MINERALS LTD 670.00 10.47 A0378 70% HANNA OIL AND GAS COMPANY - CANADA, INC 3,035.52 15.81 30% FIREFLY RESOURCES LTD A0379 100% RAVEN RESOURCES LTD 643.00 10.05 A0380 100% 580302 ALBERTA LTD 1,757.00 9.15 A0381 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,499.52 7.81 30% FIREFLY RESOURCES LTD A0382 70% GEBARA OIL 101,058.00 394.76 15% POWER, PATRICK 15% NUNZIATA, JOHN A0383 100% STANDARD LAND COMPANY INC. 8,478.72 33.12 A0384 100% CANADIAN NATURAL RESOURCES LIMITED 9,361.92 36.57 A0385 60% REAL RESOURCES INC. 40,212.00 157.08 40% PARAMOUNT RESOURCES LTD. A0386 100% POCO PETROLEUMS LTD. 22,297.60 87.10 A0387 60% REAL RESOURCES INC. 41,388.00 80.84 40% PARAMOUNT RESOURCES LTD. A0388 100% 580302 ALBERTA LTD 1,172.00 9.16 A0389 100% 580302 ALBERTA LTD 1,172.00 9.16 A0390 100% ANTELOPE LAND SERVICES LTD 10,321.92 40.32 A0391 100% VENATOR PETROLEUM COMPANY LTD. 174,604.00 682.05 A0392 100% CANADIAN NATURAL RESOURCES LIMITED 44,666.88 58.16 A0393 100% CANADIAN NATURAL RESOURCES LIMITED 34,703.36 135.56 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0394 100% RICHANN RESOURCES LTD. 5,214.72 81.48 A0395 100% RICHANN RESOURCES LTD. 3,656.32 57.13 A0396 100% RICHANN RESOURCES LTD. 5,091.20 79.55 A0397 100% RICHANN RESOURCES LTD. 2,750.08 42.97 A0398 100% CAVALIER LAND LTD 40,051.20 156.45 A0399 100% PARAMOUNT RESOURCES LTD. 78,888.00 308.16 A0400 100% ANDERSON RESOURCES LTD. 13,406.72 52.37 A0401 100% ANDERSON RESOURCES LTD. 20,078.08 78.43 A0402 100% ANDERSON RESOURCES LTD. 13,406.72 52.37 A0403 100% ANDERSON RESOURCES LTD. 13,406.72 52.37 A0404 100% MAVERICK LAND CONSULTANTS (87) INC 159,534.08 623.18 A0405 100% RENAISSANCE ENERGY LTD. 53,784.00 210.09 A0406 100% RENAISSANCE ENERGY LTD. 53,784.00 210.09 A0407 33.334% ANDERSON OIL & GAS INC. 45,995.52 179.67 33.333% NCE PETROFUND CORP. 33.333% ENERMARK INC. A0408 100% PARAMOUNT RESOURCES LTD. 13,750.00 53.71 A0409 100% PENN WEST PETROLEUM LTD 1,333.12 20.83 A0410 100% CANADIAN LANDMASTERS RESOURCE SERVICES 20,008.96 156.32 LTD A0411 100% TALISMAN ENERGY INC. 109,813.76 428.96 A0412 100% TALISMAN ENERGY INC. 30,288.00 157.75 A0413 100% TALISMAN ENERGY INC. 137,658.88 537.73 A0414 100% GENESIS EXPLORATION LTD 32,645.12 127.52 A0415 100% BRISTOL LAND & LEASING LTD. 134,095.36 523.81 A0416 100% GENESIS EXPLORATION LTD 3,205.12 12.52 A0417 100% VENATOR PETROLEUM COMPANY LTD. 3,304.00 12.91 A0418 100% GENESIS EXPLORATION LTD 3,205.12 12.52 A0419 100% RICHLAND PETROLEUM CORPORATION 3,530.24 13.79 A0420 50% MORAINE RESOURCES LTD 1,560.48 12.19 50% FIREFLY RESOURCES LTD A0421 80% STONE PETROLEUMS LTD 5,040.00 9.84 20% SUPERNOVA RESOURCES LTD. A0422 100% LANDEX EXPLORATION LTD. 899.00 3.51 A0423 100% EAU CLAIRE RESOURCES LTD 1,604.00 6.27 A0424 100% BANCROFT OIL AND GAS LTD 91,617.28 357.88 A0425 100% BANCROFT OIL AND GAS LTD 91,617.28 357.88 A0426 100% BANCROFT OIL AND GAS LTD 45,790.72 178.87 A0427 90% CANADIAN ABRAXAS PETROLEUM LIMITED 20,360.40 100.00 10% CASCADE OIL & GAS LTD. A0428 100% BONAVISTA PETROLEUM LTD. 26,368.00 103.00 A0429 100% BANCROFT OIL AND GAS LTD 8,174.08 127.72 A0430 100% STANDARD LAND COMPANY INC. 45,399.04 177.34 A0431 100% CAVALIER LAND LTD 70,714.88 276.23 A0432 100% ANTELOPE LAND SERVICES LTD 135,255.04 528.34 A0433 100% ANTELOPE LAND SERVICES LTD 46,909.44 183.24 A0434 100% ANTELOPE LAND SERVICES LTD 31,982.08 124.93 A0435 100% SCOTT LAND & LEASE LTD 87,618.56 342.26 A0436 100% SCOTT LAND & LEASE LTD 87,521.28 341.88 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0437 100% SCOTT LAND & LEASE LTD 47,580.16 185.86 A0438 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 58,590.72 228.87 LTD A0439 100% SCOTT LAND & LEASE LTD 70,481.92 275.32 A0440 100% SCOTT LAND & LEASE LTD 87,572.48 342.08 A0441 100% SCOTT LAND & LEASE LTD 105,600.00 825.00 A0442 100% BONAVISTA PETROLEUM LTD. 6,656.00 26.00 A0443 100% BONAVISTA PETROLEUM LTD. 6,656.00 26.00 A0444 100% SCOTT LAND & LEASE LTD 90,368.00 353.00 A0445 100% BONAVISTA PETROLEUM LTD. 39,680.00 155.00 A0446 100% SCOTT LAND & LEASE LTD 90,368.00 353.00 A0447 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 30,182.40 58.95 LTD A0448 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 58,590.72 228.87 LTD A0449 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 58,590.72 228.87 LTD A0450 100% CANOR ENERGY LTD. 105,262.08 205.59 A0451 100% CAVALIER LAND LTD 36,060.16 140.86 A0452 100% BONAVISTA PETROLEUM LTD. 57,600.00 225.00 A0453 100% CANOR ENERGY LTD. 52,631.04 205.59 A0454 100% PETROLAND SERVICES (1986) LTD 36,060.16 140.86 A0455 100% CAVALIER LAND LTD 36,060.16 140.86 A0456 100% PETROLAND SERVICES (1986) LTD 36,060.16 140.86 A0457 100% SCOTT LAND & LEASE LTD 36,060.16 140.86 A0458 100% SCOTT LAND & LEASE LTD 36,060.16 140.86 A0459 100% SCOTT LAND & LEASE LTD 36,060.16 140.86 A0460 100% CAVALIER LAND LTD 36,060.16 140.86 A0461 100% SCOTT LAND & LEASE LTD 36,060.16 140.86 A0462 100% SCOTT LAND & LEASE LTD 58,368.00 228.00 A0463 100% SCOTT LAND & LEASE LTD 36,060.16 140.86 A0464 100% SCOTT LAND & LEASE LTD 156,587.52 611.67 A0465 100% SAMSON CANADA, LTD. 14,080.00 55.00 A0466 70% HANNA OIL AND GAS COMPANY - CANADA, INC 3,023.36 11.81 30% FIREFLY RESOURCES LTD A0467 100% SCOTT LAND & LEASE LTD 70,261.76 274.46 A0468 100% WESTERN LAND SERVICES CO. LTD. 106,312.96 830.57 A0469 100% PHILLIPS PETROLEUM RESOURCES, LTD. 19,880.96 77.66 A0470 100% PHILLIPS PETROLEUM RESOURCES, LTD. 19,880.96 77.66 A0471 100% PHILLIPS PETROLEUM RESOURCES, LTD. 13,480.00 52.66 A0472 100% PENN WEST PETROLEUM LTD 5,818.88 22.73 A0473 100% PHILLIPS PETROLEUM RESOURCES, LTD. 6,312.96 24.66 A0474 100% WESTERN LAND SERVICES CO. LTD. 29,148.16 113.86 A0475 100% WESTERN LAND SERVICES CO. LTD. 40,547.84 158.39 A0476 100% WESTERN LAND SERVICES CO. LTD. 28,613.12 111.77 A0477 100% WESTERN LAND SERVICES CO. LTD. 57,766.40 225.65 A0478 100% WESTERN LAND SERVICES CO. LTD. 58,063.36 226.81 A0479 100% SCOTT LAND & LEASE LTD 90,485.76 353.46 A0480 100% PHILLIPS PETROLEUM RESOURCES, LTD. 21,928.96 85.66 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0481 100% PHILLIPS PETROLEUM RESOURCES, LTD. 21,928.96 85.66 A0482 100% PHILLIPS PETROLEUM RESOURCES, LTD. 3,752.96 14.66 A0483 100% PHILLIPS PETROLEUM RESOURCES, LTD. 3,752.96 14.66 A0484 100% SCOTT LAND & LEASE LTD 60,021.76 234.46 A0485 100% PHILLIPS PETROLEUM RESOURCES, LTD. 13,480.96 52.66 A0486 100% PHILLIPS PETROLEUM RESOURCES, LTD. 13,480.96 52.66 A0487 100% AMBER ENERGY INC 3,878.40 15.15 A0488 100% PHILLIPS PETROLEUM RESOURCES, LTD. 3,752.96 14.66 ** FOOTHILLS ** A0489 100% CANADIAN 88 ENERGY CORP 18,654.00 72.87 A0490 100% SCOTT LAND & LEASE LTD 53,355.52 208.42 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 2,905,134.84 12,945.2200 224.42 NORTHERN 9,250,498.51 43,026.9080 214.99 FOOTHILL 72,009.52 512.0000 140.64 -------- ------------- ------------ ---------- TOTAL : 12,227,642.87 56,484.1280 216.48 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 8 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0081 100% CENTENNIAL LAND SERVICES LTD. 38,619.80 30.33 B0082 100% FOUNDERS ENERGY LTD. 156,633.00 67.98 B0083 80% VELVET EXPLORATION CO. LTD. 242,426.88 157.83 20% INUVIALUIT ENERGY INC. B0084 100% CYPRESS ENERGY INC. 18,828.00 98.06 B0085 100% REGENT LAND SERVICES LTD 97,706.88 508.89 B0086 100% RENAISSANCE ENERGY LTD. 12,888.00 25.17 B0087 100% RENAISSANCE ENERGY LTD. 40,882.00 53.23 B0088 100% HIGHRIDGE EXPLORATION LTD. 20,896.90 40.81 B0089 100% TIER ONE ENERGY CORP. 1,304.00 5.09 B0090 100% TIER ONE ENERGY CORP. 8,708.00 17.01 B0091 100% TIER ONE ENERGY CORP. 12,808.00 25.02 B0092 100% GOLDEN TREND PETROLEUM LTD. 48,637.44 63.33 B0093 100% RENAISSANCE ENERGY LTD. 8,278.00 16.17 B0094 100% UNION PACIFIC RESOURCES INC. 21,949.44 42.87 B0095 100% TIER ONE ENERGY CORP. 88,192.00 81.06 B0096 100% RENAISSANCE ENERGY LTD. 7,758.00 15.15 B0097 100% RUSTUM PETROLEUMS (1993) LIMITED 15,412.00 20.07 B0098 100% TIER ONE ENERGY CORP. 8,192.00 7.53 B0099 100% TIER ONE ENERGY CORP. 5,812.00 7.57 B0100 No Offers B0101 50% NEW CACHE PETROLEUMS LTD 85,904.00 167.78 50% CROWNJOULE EXPLORATION LTD. B0102 100% CANADIAN LANDMASTERS RESOURCE SERVICES 227,891.20 222.55 LTD B0103 50% NEW CACHE PETROLEUMS LTD 85,904.00 167.78 50% CROWNJOULE EXPLORATION LTD. B0104 50% NEW CACHE PETROLEUMS LTD 62,715.00 81.66 50% CROWNJOULE EXPLORATION LTD. B0105 100% CANADIAN LANDMASTERS RESOURCE SERVICES 202,086.40 157.88 LTD B0106 100% ARCHER RESOURCES LTD 2,647.04 3.76 B0107 100% ARCHER RESOURCES LTD 28,108.80 36.60 ** NORTHERN ** B0108 100% FOUR WEST LAND CONSULTANTS LTD 216,652.80 423.15 B0109 100% CONOCO CANADA LIMITED 30,848.00 60.25 B0110 100% CANADIAN HUNTER EXPLORATION LTD 341,309.44 333.31 B0111 100% WESTERN LAND SERVICES CO. LTD. 238,996.48 466.79 B0112 100% BANCROFT OIL AND GAS LTD 216,064.00 422.00 B0113 100% CANADIAN HUNTER EXPLORATION LTD 271,342.08 353.31 B0114 100% POCO PETROLEUMS LTD. 16,512.00 32.25 B0115 100% POCO PETROLEUMS LTD. 14,412.80 28.15 B0116 100% BARRINGTON PETROLEUM LTD. 31,114.24 60.77 B0117 52% NEWPORT PETROLEUM CORPORATION 213,007.36 416.03 48% NORTHROCK RESOURCES LTD. B0118 100% PARAMOUNT RESOURCES LTD. 157,750.00 154.05 B0119 100% STANDARD LAND COMPANY INC. 316,999.68 412.76 B0120 100% CROWNJOULE EXPLORATION LTD. 21,405.00 23.89 B0121 100% LANDEX EXPLORATION LTD. 2,016.00 6.30 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 9 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0122 100% LANDEX EXPLORATION LTD. 2,426.00 6.32 B0123 100% CHARTER LAND SERVICES LTD. 212,298.24 276.43 B0124 100% SUNOMA ENERGY CORP. 180,096.00 234.50 B0125 100% SASKATOON ASSETS INC 182,046.72 177.78 B0126 100% CHARTER LAND SERVICES LTD. 77,056.00 75.25 B0127 100% GASCAN RESOURCES LTD 208,000.00 162.50 B0128 100% ANDERSON RESOURCES LTD. 16,046.08 15.67 B0129 100% S. E. SIM & ASSOCIATES LAND CONSULTANTS 128,908.80 167.85 LTD B0130 100% SCOTT LAND & LEASE LTD 144,240.64 140.86 B0131 100% UNION PACIFIC RESOURCES INC. 190,464.00 372.00 B0132 100% NUMAC ENERGY INC. 167,848.96 327.83 B0133 100% BONAVISTA PETROLEUM LTD. 97,536.00 127.00 B0134 100% CANADIAN LANDMASTERS RESOURCE SERVICES 78,704.64 76.86 LTD B0135 100% CAVALIER LAND LTD 10,915.84 10.66 B0136 100% PETROLAND SERVICES (1986) LTD 181,196.80 176.95 B0137 100% CAVALIER LAND LTD 180,300.80 140.86 B0138 100% PETROLAND SERVICES (1986) LTD 108,180.48 140.86 B0139 100% SCOTT LAND & LEASE LTD 108,180.48 140.86 B0140 100% SCOTT LAND & LEASE LTD 72,120.32 140.86 B0141 100% PETROLAND SERVICES (1986) LTD 565,478.40 1,104.45 B0142 100% SCOTT LAND & LEASE LTD 565,591.04 1,104.67 B0143 100% PETROLAND SERVICES (1986) LTD 412,277.76 805.23 B0144 100% SCOTT LAND & LEASE LTD 65,254.40 127.45 B0145 50% FINA RESOURCES INC 223,232.00 218.00 30% CANADIAN ABRAXAS PETROLEUM LIMITED 20% CASCADE OIL & GAS LTD. B0146 50% FINA RESOURCES INC 38,400.00 50.00 30% CANADIAN ABRAXAS PETROLEUM LIMITED 20% CASCADE OIL & GAS LTD. B0147 50% FINA RESOURCES INC 49,920.00 65.00 30% CANADIAN ABRAXAS PETROLEUM LIMITED 20% CASCADE OIL & GAS LTD. B0148 100% CANADIAN LANDMASTERS RESOURCE SERVICES 115,379.20 225.35 LTD B0149 100% PANCANADIAN PETROLEUM LIMITED 1,280.00 1.25 B0150 100% PANCANADIAN PETROLEUM LIMITED 960.00 1.25 B0151 100% PHILLIPS PETROLEUM RESOURCES, LTD. 59,043.84 57.66 B0152 100% AMBER ENERGY INC 32,522.00 31.76 ** FOOTHILLS ** B0153 75% BERKLEY PETROLEUM CORP. 107,897.56 421.47 25% ELK POINT RESOURCES INC. B0154 100% CENTENNIAL LAND SERVICES LTD. 371,911.68 242.13 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,551,188.78 20,153.3200 76.97 NORTHERN 6,564,335.32 34,112.0000 192.43 FOOTHILL 479,809.24 1,792.0000 267.75 -------- ------------- ------------ ---------- TOTAL : 8,595,333.34 56,057.3200 153.33 Petroleum & Natural Gas Sales Results For MAY 27, 1998 PAGE 10 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 4,456,323.62 33,098.5400 134.64 NORTHERN 15,814,833.83 77,138.9080 205.02 FOOTHILL 551,818.76 2,304.0000 239.50 -------- ------------- ------------ ---------- TOTAL : 20,822,976.21 112,541.4480 185.02 &l2A&l6D