Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0122 100% RENAISSANCE ENERGY LTD. 2,138.00 66.81 A0123 100% CANADA SOUTHERN PETROLEUM LTD 928.00 14.50 A0124 100% CANADA SOUTHERN PETROLEUM LTD 1,992.00 31.13 A0125 100% CANADA SOUTHERN PETROLEUM LTD 778.00 12.16 A0126 100% CANADA SOUTHERN PETROLEUM LTD 2,527.00 39.48 A0127 100% CANADIAN 88 ENERGY CORP 33,604.00 131.27 A0128 100% BENCHMARK LAND & MINERAL COMPANY LTD 72,286.72 282.37 A0129 100% BENCHMARK LAND & MINERAL COMPANY LTD 91,176.96 356.16 A0130 100% ROZSA PETROLEUM LTD 9,742.72 152.23 A0131 100% ROZSA PETROLEUM LTD 7,082.88 110.67 A0132 100% ROZSA PETROLEUM LTD 7,184.64 112.26 A0133 100% ROZSA PETROLEUM LTD 39,726.08 620.72 A0134 100% CANADIAN 88 ENERGY CORP 8,604.00 33.61 A0135 66.67% CRESTAR ENERGY INC 23,011.84 89.89 22.22% ENERMARK INC. 11.11% PENCOR PETROLEUM LIMITED A0136 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,210.88 4.73 30% FIREFLY RESOURCES LTD A0137 100% MORAINE RESOURCES LTD 1,429.18 5.58 A0138 100% MORAINE RESOURCES LTD 1,429.18 5.58 A0139 100% MERIT ENERGY LTD. 19,712.00 77.00 A0140 100% CANADIAN NATURAL RESOURCES LIMITED 4,418.56 17.26 A0141 100% CANADIAN 88 ENERGY CORP 23,604.00 92.20 A0142 100% CANADIAN 88 ENERGY CORP 23,604.00 92.20 A0143 100% TORRINGTON RESOURCES LTD 5,916.16 23.11 A0144 100% TORRINGTON RESOURCES LTD 26,447.36 103.31 A0145 100% PENN WEST PETROLEUM LTD 5,635.84 44.03 A0146 100% OGY PETROLEUMS LTD 6,375.60 24.90 A0147 100% RENAISSANCE ENERGY LTD. 10,884.00 42.52 A0148 100% DRAIG ENERGY LTD. 3,276.00 51.19 A0149 100% DRAIG ENERGY LTD. 7,680.00 30.00 A0150 100% DRAIG ENERGY LTD. 15,360.00 60.00 A0151 100% NEWQUEST ENERGY INC. 28,651.52 111.92 A0152 100% PENN WEST PETROLEUM LTD 7,234.56 28.26 A0153 100% PENN WEST PETROLEUM LTD 9,111.04 35.59 A0154 100% ENERGY NORTH INC. 23,646.72 92.37 A0155 100% RIGEL OIL & GAS LTD. 5,130.88 80.17 A0156 100% RIGEL OIL & GAS LTD. 5,130.88 80.17 A0157 100% RIGEL OIL & GAS LTD. 10,777.60 168.40 A0158 100% PENN WEST PETROLEUM LTD 4,166.40 65.10 A0159 100% CALAHOO PETROLEUM LTD 5,937.28 92.77 A0160 100% PENN WEST PETROLEUM LTD 4,307.20 67.30 A0161 100% PENN WEST PETROLEUM LTD 4,377.60 68.40 A0162 100% POST ENERGY CORPORATION 119,552.00 467.00 A0163 100% FLETCHER CHALLENGE ENERGY CANADA INC. 26,199.04 102.34 A0164 100% LARIO OIL & GAS COMPANY 16,568.96 258.89 A0165 100% LARIO OIL & GAS COMPANY 16,568.96 258.89 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0166 100% LARIO OIL & GAS COMPANY 16,568.96 258.89 A0167 100% APACHE CANADA LTD. 20,113.00 157.13 A0168 100% APACHE CANADA LTD. 20,113.00 157.13 A0169 100% RENAISSANCE ENERGY LTD. 59,172.00 462.28 A0170 100% BAYTEX ENERGY LTD. 32,677.00 127.64 A0171 100% CYPRESS ENERGY INC. 11,604.00 45.33 A0172 100% BRISTOL LAND & LEASING LTD. 15,316.48 59.83 A0173 100% PENN WEST PETROLEUM LTD 39,339.52 153.67 A0174 100% CABRE EXPLORATION LTD 25,272.96 131.63 A0175 100% CABRE EXPLORATION LTD 37,712.64 168.36 A0176 100% CABRE EXPLORATION LTD 35,371.52 138.17 A0177 100% MUTINY OIL & GAS LTD. 4,549.12 17.77 A0178 100% CANADIAN COASTAL RESOURCES LTD 38,720.00 151.25 A0179 100% CABRE EXPLORATION LTD 33,696.00 263.25 A0180 100% CABRE EXPLORATION LTD 33,697.28 131.63 A0181 100% CABRE EXPLORATION LTD 33,697.28 131.63 A0182 100% VELVET EXPLORATION LTD. 11,998.72 46.87 A0183 100% PROBE EXPLORATION INC 54,374.00 212.40 A0184 100% BANCROFT OIL AND GAS LTD 36,275.20 141.70 A0185 100% FLETCHER CHALLENGE ENERGY CANADA INC. 48,781.60 435.55 A0186 100% BRISTOL LAND & LEASING LTD. 34,644.48 135.33 A0187 100% HAWK OIL INC. 41,131.00 306.95 A0188 100% POST ENERGY CORPORATION 56,910.04 301.81 A0189 100% LANDEX EXPLORATION LTD. 1,804.00 7.05 A0190 100% IONIC ENERGY INC. 41,615.36 162.56 A0191 100% WINDFALL RESOURCES LTD 45,788.00 178.86 A0192 100% RENAISSANCE ENERGY LTD. 3,384.40 81.36 A0193 100% RENAISSANCE ENERGY LTD. 20,884.00 81.58 A0194 100% RENAISSANCE ENERGY LTD. 20,884.00 81.58 A0195 100% TIER ONE ENERGY CORP. 4,104.00 16.03 A0196 100% SUNOMA ENERGY CORP. 3,136.00 24.50 A0197 100% CANADIAN NATURAL RESOURCES LIMITED 21,240.32 82.97 ** NORTHERN ** A0198 100% ANTELOPE LAND SERVICES LTD 148,257.28 579.13 A0199 100% MAXX PETROLEUM LTD. 234,667.00 1,833.34 A0200 100% ANTELOPE LAND SERVICES LTD 40,798.72 159.37 A0201 100% ANTELOPE LAND SERVICES LTD 43,088.64 336.63 A0202 100% SCOTT LAND & LEASE LTD 8,780.16 137.19 A0203 100% SCOTT LAND & LEASE LTD 33,224.96 259.57 A0204 100% ANTELOPE LAND SERVICES LTD 43,831.04 342.43 A0205 100% CANADIAN COASTAL RESOURCES LTD 116,129.28 453.63 A0206 100% WESTERN LAND SERVICES CO. LTD. 477,867.52 1,866.67 A0207 100% SCOTT LAND & LEASE LTD 206,504.96 806.66 A0208 100% MAVERICK LAND CONSULTANTS (87) INC 149,888.00 1,171.00 A0209 100% TORRINGTON RESOURCES LTD 42,230.72 188.53 A0210 100% WINDFALL RESOURCES LTD 158,661.12 619.77 A0211 100% J. M. HUBER CANADA LIMITED 39,096.32 152.72 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0212 100% WINDFALL RESOURCES LTD 137,669.12 537.77 A0213 100% SCOTT LAND & LEASE LTD 169,569.28 662.38 A0214 50% GULF CANADA RESOURCES LIMITED 160,821.76 628.21 50% NORTHROCK RESOURCES LTD. A0215 100% CAVALIER LAND LTD 71,680.00 560.00 A0216 100% CAVALIER LAND LTD 108,289.92 564.01 A0217 100% CAVALIER LAND LTD 47,232.00 369.00 A0218 100% CAVALIER LAND LTD 41,896.96 163.66 A0219 100% PROPHET PETROLEUMS LTD 10,781.00 42.11 A0220 100% PROPHET PETROLEUMS LTD 10,781.00 42.11 A0221 100% MAVERICK LAND CONSULTANTS (87) INC 85,760.00 335.00 A0222 100% CANADIAN LANDMASTERS RESOURCE SERVICES 133,603.84 521.89 LTD A0223 100% CHARTER LAND SERVICES LTD. 161,052.16 629.11 A0224 100% CHARTER LAND SERVICES LTD. 58,334.72 227.87 A0225 100% PETRO-CANADA 420,500.48 1,642.58 A0226 100% BENSON PETROLEUM LTD. 159,472.64 311.47 A0227 50% PANATLAS ENERGY INC. 108,375.04 423.34 50% BLUE RANGE RESOURCE CORPORATION A0228 70% OMERS RESOURCES LIMITED 141,697.69 1,107.01 30% SUPERMAN RESOURCES INC. A0229 50% ENERPLUS RESOURCES CORPORATION 57,600.00 112.50 50% ENERMARK INC. A0230 100% SCOTT LAND & LEASE LTD 53,184.00 207.75 A0231 100% CAVALIER LAND LTD 32,734.72 127.87 A0232 100% CHARTER LAND SERVICES LTD. 63,111.68 246.53 A0233 100% MAVERICK LAND CONSULTANTS (87) INC 10,281.00 40.16 A0234 100% PETROMET RESOURCES LIMITED 10,664.96 41.66 A0235 100% CHARTER LAND SERVICES LTD. 6,464.00 25.25 A0236 100% CHARTER LAND SERVICES LTD. 5,117.44 19.99 A0237 100% CHARTER LAND SERVICES LTD. 2,557.44 9.99 A0238 100% PETROMET RESOURCES LIMITED 10,664.96 41.66 A0239 100% CHARTER LAND SERVICES LTD. 63,111.68 246.53 A0240 100% CHARTER LAND SERVICES LTD. 63,111.68 246.53 A0241 100% STANDARD LAND COMPANY INC. 64,156.16 250.61 A0242 100% STANDARD LAND COMPANY INC. 51,356.16 200.61 A0243 100% CHARTER LAND SERVICES LTD. 6,430.72 25.12 A0244 100% SCOTT LAND & LEASE LTD 106,734.08 416.93 A0245 100% CANADIAN HUNTER EXPLORATION LTD 39,336.96 153.66 A0246 58.33325% CRESTAR ENERGY INC 26,671.36 208.37 33.33350% ADECO EXPLORATION COMPANY LTD 8.33325% SHAMAN ENERGY CORPORATION A0247 100% PROGRESS ENERGY LTD. 11,136.00 87.00 A0248 100% PROGRESS ENERGY LTD. 11,136.00 87.00 A0249 100% SCOTT LAND & LEASE LTD 111,191.04 434.34 A0250 100% WESTERN LAND SERVICES CO. LTD. 21,608.96 168.82 A0251 100% MAVERICK LAND CONSULTANTS (87) INC 35,257.00 137.72 A0252 100% TRIUMPH ENERGY CORPORATION 867.00 6.77 A0253 100% SCOTT LAND & LEASE LTD 111,191.04 434.34 A0254 100% CANADIAN HUNTER EXPLORATION LTD 32,724.48 255.66 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0255 100% CANADIAN HUNTER EXPLORATION LTD 19,924.48 155.66 A0256 100% UNION PACIFIC RESOURCES INC. 14,336.00 56.00 A0257 100% AGADIR RESOURCES INC 155,617.28 607.88 A0258 100% DANOIL ENERGY LTD 79,604.00 310.95 A0259 100% DANOIL ENERGY LTD 39,828.00 207.44 A0260 100% PIONEER LAND SERVICES LTD 31,708.16 123.86 A0261 100% GENESIS EXPLORATION LTD 8,373.76 32.71 A0262 100% PIONEER LAND SERVICES LTD 7,134.72 27.87 A0263 100% SPHERE ENERGY CORP. 45,824.00 179.00 A0264 100% SUMMIT RESOURCES LIMITED 54,000.00 210.94 A0265 100% PETROLAND SERVICES (1986) LTD 32,143.36 125.56 A0266 100% PETROLAND SERVICES (1986) LTD 32,343.04 126.34 A0267 100% ULSTER PETROLEUMS LTD. 20,720.00 323.75 A0268 100% WESTERN LAND SERVICES CO. LTD. 221,895.68 866.78 A0269 100% CHARTER LAND SERVICES LTD. 47,720.96 186.41 A0270 100% SCOTT LAND & LEASE LTD 41,835.52 163.42 A0271 100% SOUTHWARD ENERGY LTD 6,756.00 26.39 A0272 100% SOUTHWARD ENERGY LTD 6,756.00 26.39 A0273 100% ANTELOPE LAND SERVICES LTD 6,080.00 23.75 A0274 100% ANTELOPE LAND SERVICES LTD 6,080.00 23.75 A0275 100% ANTELOPE LAND SERVICES LTD 162,183.68 633.53 A0276 100% POCO PETROLEUMS LTD. 73,753.60 288.10 A0277 100% POCO PETROLEUMS LTD. 73,753.60 288.10 A0278 100% WESTERN LAND SERVICES CO. LTD. 15,708.16 61.36 A0279 100% SCOTT LAND & LEASE LTD 15,815.68 61.78 A0280 100% SCOTT LAND & LEASE LTD 15,905.28 62.13 A0281 100% WESTERN LAND SERVICES CO. LTD. 15,953.92 62.32 A0282 100% SCOTT LAND & LEASE LTD 20,948.48 81.83 A0283 100% SCOTT LAND & LEASE LTD 20,948.48 81.83 A0284 100% ANDERSON RESOURCES LTD. 80,558.08 314.68 A0285 100% BENCHMARK LAND & MINERAL COMPANY LTD 42,055.68 164.28 A0286 100% BENCHMARK LAND & MINERAL COMPANY LTD 66,526.72 259.87 A0287 100% AEC OIL & GAS CO. LTD. 88,814.08 346.93 A0288 100% AEC OIL & GAS CO. LTD. 44,407.04 346.93 A0289 100% RENAISSANCE ENERGY LTD. 157,884.00 616.73 A0290 100% DEVON ENERGY CANADA CORPORATION 6,400.00 100.00 A0291 100% DEVON ENERGY CANADA CORPORATION 72,489.60 1,132.65 A0292 100% J. M. HUBER CANADA LIMITED 64,860.16 126.68 A0293 100% STAR OIL & GAS LTD. 30,266.88 118.23 A0294 100% STAR OIL & GAS LTD. 40,389.12 157.77 A0295 100% WESTERN LAND SERVICES CO. LTD. 44,999.68 175.78 A0296 100% WESTERN LAND SERVICES CO. LTD. 33,514.24 523.66 A0297 100% WESTERN LAND SERVICES CO. LTD. 7,765.76 121.34 A0298 100% BRITT RESOURCES LTD 3,217.92 12.57 A0299 100% CAVALIER LAND LTD 15,772.16 61.61 A0300 100% BRITT RESOURCES LTD 2,984.96 11.66 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0301 80% STONE PETROLEUMS LTD 480.00 7.50 20% SUPERNOVA RESOURCES LTD. A0302 50% LOMALTA PETROLEUMS LTD 6,476.00 101.19 25% BIRCHILL RESOURCES LIMITED 25% REAL RESOURCES INC. A0303 50% LOMALTA PETROLEUMS LTD 32,076.00 501.19 25% BIRCHILL RESOURCES LIMITED 25% REAL RESOURCES INC. A0304 100% WESTERN LAND SERVICES CO. LTD. 42,158.72 658.73 A0305 100% CYPRESS ENERGY INC. 3,276.00 51.19 A0306 100% BRISTOL LAND & LEASING LTD. 56,545.28 220.88 A0307 100% TALISMAN ENERGY INC. 85,987.84 335.89 A0308 100% AEC OIL & GAS CO. LTD. 164,858.88 643.98 A0309 100% WESTERN LAND SERVICES CO. LTD. 52,367.36 204.56 A0310 100% STORM ENERGY INC. 1,191.30 18.61 A0311 100% NUMAC ENERGY INC. 20,088.32 313.88 A0312 100% NUMAC ENERGY INC. 20,088.32 313.88 A0313 100% FORTE ENERGY LTD. 45,466.00 710.41 A0314 100% STORM ENERGY INC. 1,185.60 18.53 A0315 100% BAYTEX ENERGY LTD. 2,177.00 34.02 A0316 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0317 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0318 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0319 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0320 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0321 100% PARAMOUNT RESOURCES LTD. 4,175.00 16.31 A0322 100% HUSKY OIL OPERATIONS LIMITED 6,647.68 103.87 A0323 100% CAVALIER LAND LTD 260,410.88 1,017.23 ** FOOTHILLS ** A0324 100% NORTHSTAR ENERGY CORPORATION 13,582.72 212.23 A0325 100% PETRO-CANADA 10,137.60 79.20 A0326 100% WESTERN LAND SERVICES CO. LTD. 55,542.40 173.57 A0327 100% WESTERN LAND SERVICES CO. LTD. 55,777.28 871.52 A0328 100% CANADIAN 88 ENERGY CORP 23,604.00 92.20 A0329 100% CANADIAN 88 ENERGY CORP 18,604.00 72.67 A0330 100% CANADIAN 88 ENERGY CORP 17,708.00 34.59 A0331 100% BENSON PETROLEUM LTD. 125,783.04 245.67 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,649,702.12 14,172.1600 116.40 NORTHERN 7,702,032.95 27,360.0000 281.51 FOOTHILL 320,739.04 2,112.0000 151.87 -------- ------------- ------------ ---------- TOTAL : 9,672,474.11 43,644.1600 221.62 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0051 100% CYPRESS ENERGY INC. 26,052.00 203.53 B0052 100% MAVERICK LAND CONSULTANTS (87) INC 20,815.36 162.62 B0053 100% RENAISSANCE ENERGY LTD. 204,888.81 292.56 B0054 100% GOLDEN TREND PETROLEUM LTD. 31,288.32 61.11 B0055 91.73% CANADIAN ABRAXAS PETROLEUM LIMITED 77,760.00 81.00 8.27% GREY WOLF EXPLORATION INC. ** NORTHERN ** B0056 100% SCOTT LAND & LEASE LTD 165,615.36 431.29 B0057 100% MAVERICK LAND CONSULTANTS (87) INC 739,584.00 963.00 B0058 100% FLETCHER CHALLENGE ENERGY CANADA INC. 347,240.96 285.56 B0059 33.34% NORTHROCK RESOURCES LTD. 376,606.72 367.78 33.33% AMOCO CANADA PETROLEUM COMPANY LTD. 33.33% GULF CANADA RESOURCES LIMITED B0060 100% CABRE EXPLORATION LTD 50,188.80 65.35 B0061 100% CHARTER LAND SERVICES LTD. 12,861.44 25.12 B0062 100% CHARTER LAND SERVICES LTD. 12,861.44 25.12 B0063 100% CHARTER LAND SERVICES LTD. 136,069.12 132.88 B0064 100% SASKATOON ASSETS INC 562,556.16 488.33 B0065 100% CANRISE RESOURCES LTD. 130,321.92 169.69 B0066 100% POCO PETROLEUMS LTD. 20,531.20 40.10 B0067 100% POCO PETROLEUMS LTD. 38,604.80 75.40 B0068 100% KAISER ENERGY LTD. 11,714.56 22.88 B0069 100% CANADIAN HUNTER EXPLORATION LTD 97,620.48 127.11 B0070 100% POCO PETROLEUMS LTD. 230,502.40 225.10 B0071 100% CANRISE RESOURCES LTD. 216,770.56 211.69 B0072 100% UNION PACIFIC RESOURCES INC. 62,289.92 121.66 B0073 100% SCOTT LAND & LEASE LTD 653,657.60 510.67 B0074 100% GENESIS EXPLORATION LTD 33,495.04 32.71 B0075 60% PETRO-CANADA 26,579.20 207.65 40% ULSTER PETROLEUMS LTD. B0076 100% PETROLAND SERVICES (1986) LTD 36,188.16 23.56 B0077 100% ANTELOPE LAND SERVICES LTD 41,856.00 81.75 B0078 100% ANTELOPE LAND SERVICES LTD 441,164.80 861.65 B0079 100% RENAISSANCE ENERGY LTD. 53,878.00 105.23 B0080 No Offers B0081 100% ULSTER PETROLEUMS LTD. 81,346.56 158.88 B0082 100% SASKATOON ASSETS INC 1,261,280.00 703.84 B0083 100% BRISTOL LAND & LEASING LTD. 64,020.00 50.02 B0084 100% ANTELOPE LAND SERVICES LTD 32,640.00 21.25 B0085 100% SCOTT LAND & LEASE LTD 2,304.00 4.50 B0086 100% SCOTT LAND & LEASE LTD 150,080.00 83.75 B0087 100% CANOR ENERGY LTD. 667,422.72 325.89 B0088 100% CANOR ENERGY LTD. 358,991.36 200.33 B0089 100% HORIZON LAND SERVICES LTD 237,314.56 132.43 B0090 100% MURPHY OIL COMPANY LTD 213,606.40 208.60 B0091 100% CANOR ENERGY LTD. 231,521.28 150.73 B0092 100% PETROLAND SERVICES (1986) LTD 91,404.80 71.41 Petroleum & Natural Gas Sales Results For JUNE 24, 1998 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0093 100% SCOTT LAND & LEASE LTD 4,608.00 4.50 B0094 100% CANADIAN CONQUEST EXPLORATION INC 25,856.00 25.25 B0095 100% RENAISSANCE ENERGY LTD. 105,858.00 206.75 B0096 100% RENAISSANCE ENERGY LTD. 585,876.00 572.14 B0097 100% RENAISSANCE ENERGY LTD. 108,782.00 141.64 ** FOOTHILLS ** B0098 100% PETRO-CANADA 55,603.20 36.20 B0099 100% PETRO-CANADA 616,732.16 219.01 B0100 100% PETRO-CANADA 164,380.16 91.73 B0101 50% PETRO-CANADA 54,241.28 52.97 50% CONOCO CANADA LIMITED B0102 100% MAVERICK LAND CONSULTANTS (87) INC 1,824,092.16 323.88 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 360,804.49 2,428.3400 148.58 NORTHERN 8,721,670.32 39,744.0000 219.45 FOOTHILL 2,715,048.96 12,800.0000 212.11 -------- ------------- ------------ ---------- TOTAL : 11,797,523.77 54,972.3400 214.61 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 2,010,506.61 16,600.5000 121.11 NORTHERN 16,423,703.27 67,104.0000 244.75 FOOTHILL 3,035,788.00 14,912.0000 203.58 -------- ------------- ------------ ---------- TOTAL : 21,469,997.88 98,616.5000 217.71 &l2A&l6D