Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0334 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0335 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0336 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0337 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0338 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0339 100% SCOTT LAND & LEASE LTD 21,760.00 85.00 A0340 100% ESKER RESOURCES LTD. 28,048.00 109.56 A0341 70% HANNA OIL AND GAS COMPANY - CANADA, INC 334.08 2.61 30% FIREFLY RESOURCES LTD A0342 100% CANADA SOUTHERN PETROLEUM LTD 3,213.00 25.10 A0343 100% CANADA SOUTHERN PETROLEUM LTD 1,202.00 9.39 A0344 100% MAGRATH ENERGY CORPORATION 35,090.00 137.07 A0345 75% WESTERN STAR EXPLORATION LTD 58,437.12 228.27 25% REVELATION ENERGY LIMITED A0346 100% QUEST ENERGY INC. 4,086.00 63.84 A0347 100% FINESSE EXPLORATION INC. 19,683.84 76.89 A0348 50% BARNWELL OF CANADA, LIMITED 12,831.00 50.12 25% GREEN MAPLE ENERGY INC. 25% PEGAZ ENERGY INC. A0349 100% PANCANADIAN PETROLEUM LIMITED 6,830.08 26.68 A0350 100% COMPTON PETROLEUM CORPORATION 32,000.00 125.00 A0351 100% CANADIAN 88 ENERGY CORP 26,154.00 102.16 A0352 100% CANADIAN 88 ENERGY CORP 9,052.00 70.72 A0353 100% COMPTON PETROLEUM CORPORATION 32,000.00 125.00 A0354 100% CANADIAN 88 ENERGY CORP 26,154.00 102.16 A0355 100% CANADIAN 88 ENERGY CORP 9,045.70 69.69 A0356 100% RENAISSANCE ENERGY LTD. 13,882.00 108.45 A0357 100% PANCANADIAN PETROLEUM LIMITED 201.90 43.89 A0358 100% BRISTOL LAND & LEASING LTD. 161,772.00 777.75 A0359 100% PANCANADIAN PETROLEUM LIMITED 9,819.28 131.52 A0360 100% PANCANADIAN PETROLEUM LIMITED 4,929.22 66.31 A0361 100% PANCANADIAN PETROLEUM LIMITED 669.55 50.96 A0362 50% PANCANADIAN PETROLEUM LIMITED 35,740.80 558.45 25% MOBIL OIL CANADA, LTD 25% WASCANA ENERGY INC. A0363 100% CARAVAN OIL & GAS LTD. 3,980.00 15.55 A0364 100% CARAVAN OIL & GAS LTD. 13,063.00 25.51 A0365 100% NEWQUEST ENERGY INC. 45,996.16 718.69 A0366 100% CARAVAN OIL & GAS LTD. 3,980.00 15.55 A0367 100% HOOPP RESOURCES INC 13,776.68 53.82 A0368 100% CANADIAN NATURAL RESOURCES LIMITED 9,182.72 35.87 A0369 100% CANADIAN NATURAL RESOURCES LIMITED 4,037.12 15.77 A0370 100% CANADIAN 88 ENERGY CORP 54,104.00 211.34 A0371 100% FLETCHER CHALLENGE ENERGY CANADA INC. 18,291.20 71.45 A0372 100% PENN WEST PETROLEUM LTD 10,897.92 42.57 A0373 100% PENN WEST PETROLEUM LTD 10,465.28 40.88 A0374 100% PENN WEST PETROLEUM LTD 65,820.16 257.11 A0375 100% FLETCHER CHALLENGE ENERGY CANADA INC. 39,004.16 152.36 A0376 100% FLETCHER CHALLENGE ENERGY CANADA INC. 39,004.16 152.36 Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0377 100% BAYTEX ENERGY LTD. 7,777.00 30.38 A0378 100% HAMILTON, GRANT JAMES 7,786.00 121.66 A0379 100% RENAISSANCE ENERGY LTD. 27,754.00 108.41 A0380 100% EMBO PETROLEUM INC. 10,954.00 42.79 A0381 100% SCOTT LAND & LEASE LTD 205,154.00 801.38 A0382 100% MAGIN ENERGY INC. 32,678.40 127.65 A0383 100% BRITT RESOURCES LTD 48,462.72 757.23 A0384 100% APACHE CANADA LTD. 16,517.00 258.08 A0385 100% APACHE CANADA LTD. 16,517.00 258.08 A0386 100% APACHE CANADA LTD. 16,517.00 258.08 A0387 100% BEAU CANADA EXPLORATION LTD 27,584.00 107.75 A0388 100% BEAU CANADA EXPLORATION LTD 158,144.00 617.75 A0389 100% ESKER RESOURCES LTD. 33,644.00 131.42 A0390 100% PENN WEST PETROLEUM LTD 14,620.16 57.11 A0391 100% POCO PETROLEUMS LTD. 7,756.80 30.30 A0392 100% VELVET EXPLORATION LTD. 7,121.92 27.82 A0393 100% PROBE EXPLORATION INC 15,604.00 60.95 A0394 100% HAWK OIL INC. 9,728.00 38.00 A0395 100% 580302 ALBERTA LTD 2,604.00 10.17 A0396 100% POCO PETROLEUMS LTD. 160.00 2.50 A0397 100% RENAISSANCE ENERGY LTD. 8,693.92 110.22 A0398 80% STONE PETROLEUMS LTD 710.00 2.77 20% SUPERNOVA RESOURCES LTD. A0399 100% RENAISSANCE ENERGY LTD. 5,586.00 87.28 A0400 80% STONE PETROLEUMS LTD 1,280.00 2.50 20% SUPERNOVA RESOURCES LTD. A0401 100% CANADIAN NATURAL RESOURCES LIMITED 7,902.72 30.87 A0402 100% CANADIAN NATURAL RESOURCES LIMITED 7,902.72 30.87 A0403 100% CANADIAN NATURAL RESOURCES LIMITED 7,902.72 30.87 A0404 100% CENTENNIAL LAND SERVICES LTD. 95,260.16 372.11 A0405 50% DRAIG ENERGY LTD. 50,127.00 195.81 50% SAWTOOTH INTERNATIONAL RESOURCES INC. A0406 100% BRISTOL LAND & LEASING LTD. 58,009.60 226.60 A0407 50% PANATLAS ENERGY INC. 92,288.00 360.50 50% SPHERE ENERGY CORP. A0408 90% CANADIAN ABRAXAS PETROLEUM LIMITED 52,480.00 205.00 10% GREY WOLF EXPLORATION INC. A0409 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,948.16 7.61 30% FIREFLY RESOURCES LTD A0410 100% LANDEX EXPLORATION LTD. 1,804.00 7.05 A0411 100% LANDEX EXPLORATION LTD. 1,804.00 7.05 A0412 100% LANDEX EXPLORATION LTD. 1,804.00 7.05 A0413 100% RENAISSANCE ENERGY LTD. 33,784.00 131.97 A0414 100% CANADIAN NATURAL RESOURCES LIMITED 10,462.72 40.87 A0415 100% CANADIAN NATURAL RESOURCES LIMITED 6,622.72 25.87 ** NORTHERN ** A0416 100% NUMAC ENERGY INC. 10,300.37 38.11 A0417 100% PIONEER LAND SERVICES LTD 312,650.00 1,156.76 A0418 100% CANADIAN 88 ENERGY CORP 54,602.00 426.58 Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0419 50% MAXX PETROLEUM LTD. 112,333.00 175.52 50% TUSK ENERGY INC A0420 100% WESTERN LAND SERVICES CO. LTD. 416,820.00 361.82 A0421 100% BRITT RESOURCES LTD 27,215.36 212.62 A0422 100% PENN WEST PETROLEUM LTD 31,188.48 243.66 A0423 100% CAVALIER LAND LTD 10,150.40 39.65 A0424 100% PENN WEST PETROLEUM LTD 52,594.56 273.93 A0425 100% CAVALIER LAND LTD 10,150.40 39.65 A0426 100% ENCAL ENERGY LTD 14,222.08 111.11 A0427 100% FOUR WEST LAND CONSULTANTS LTD 50,152.96 391.82 A0428 100% BRITT RESOURCES LTD 81,146.88 316.98 A0429 100% POCO PETROLEUMS LTD. 6,929.92 108.28 A0430 100% PENN WEST PETROLEUM LTD 2,375.68 37.12 A0431 80% STONE PETROLEUMS LTD 670.00 2.62 20% SUPERNOVA RESOURCES LTD. A0432 100% CANADIAN LANDMASTERS RESOURCE SERVICES 147,517.44 576.24 LTD A0433 80% STONE PETROLEUMS LTD 650.00 2.54 20% SUPERNOVA RESOURCES LTD. A0434 100% WESTERN LAND SERVICES CO. LTD. 110,138.88 430.23 A0435 100% WESTERN LAND SERVICES CO. LTD. 205,399.04 802.34 A0436 100% ARCHEAN ENERGY LTD. 65,159.68 254.53 A0437 100% POCO PETROLEUMS LTD. 13,255.68 51.78 A0438 100% AMOCO CANADA PETROLEUM COMPANY LTD. 15,168.00 79.00 A0439 80% STONE PETROLEUMS LTD 280.00 8.75 20% SUPERNOVA RESOURCES LTD. A0440 100% RAVEN RESOURCES LTD 1,461.00 5.71 A0441 100% TORRINGTON RESOURCES LTD 76,800.00 400.00 A0442 100% RIO ALTO EXPLORATION LTD. 10,690.56 41.76 A0443 100% STANDARD LAND COMPANY INC. 55,031.04 429.93 A0444 100% CAVALIER LAND LTD 145,556.48 568.58 A0445 100% CAVALIER LAND LTD 220,833.28 862.63 A0446 100% CAVALIER LAND LTD 220,833.28 862.63 A0447 100% CAVALIER LAND LTD 145,556.48 568.58 A0448 100% TORRINGTON RESOURCES LTD 81,664.00 319.00 A0449 100% MAVERICK LAND CONSULTANTS (87) INC 302,673.92 1,182.32 A0450 100% ANTELOPE LAND SERVICES LTD 110,062.08 429.93 A0451 100% BEAU CANADA EXPLORATION LTD 41,664.00 162.75 A0452 100% BEAU CANADA EXPLORATION LTD 41,664.00 162.75 A0453 100% BEAU CANADA EXPLORATION LTD 45,696.00 178.50 A0454 100% ENCAL ENERGY LTD 39,363.84 205.02 A0455 40.000% STELLARTON RESOURCE MANAGEMENT INC. 21,878.88 113.95 20.250% ISH ENERGY LTD 15.000% TRANS WORLD OIL & GAS LTD 12.375% HIGHRIDGE EXPLORATION LTD. 12.375% NORTHRIDGE EXPLORATION LTD A0456 100% CANADIAN LANDMASTERS RESOURCE SERVICES 80,372.48 627.91 LTD A0457 100% CANADIAN LANDMASTERS RESOURCE SERVICES 385,792.00 1,507.00 LTD A0458 100% CANADIAN LANDMASTERS RESOURCE SERVICES 80,256.00 627.00 LTD Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0459 100% STANDARD LAND COMPANY INC. 80,372.48 627.91 A0460 100% CANADIAN LANDMASTERS RESOURCE SERVICES 16,976.00 132.63 LTD A0461 100% ANTELOPE LAND SERVICES LTD 9,967.36 77.87 A0462 100% ANTELOPE LAND SERVICES LTD 21,392.64 111.42 A0463 100% ANTELOPE LAND SERVICES LTD 9,669.12 37.77 A0464 100% AMOCO CANADA PETROLEUM COMPANY LTD. 3,504.00 54.75 A0465 100% CANADIAN LANDMASTERS RESOURCE SERVICES 183,749.12 717.77 LTD A0466 100% CHARTER LAND SERVICES LTD. 72,918.40 227.87 A0467 100% CROWNJOULE EXPLORATION LTD. 12,800.00 50.00 A0468 100% ANTELOPE LAND SERVICES LTD 67,230.72 262.62 A0469 50% WINTERSHALL CANADA LTD 42,895.36 167.56 50% ELK POINT RESOURCES INC. A0470 50% WINTERSHALL CANADA LTD 6,776.32 26.47 50% ELK POINT RESOURCES INC. A0471 100% ANTELOPE LAND SERVICES LTD 67,230.72 262.62 A0472 100% DANOIL ENERGY LTD 20,076.00 313.69 A0473 100% DANOIL ENERGY LTD 31,052.00 242.59 A0474 100% DANOIL ENERGY LTD 40,652.00 317.59 A0475 100% PIONEER LAND SERVICES LTD 43,192.32 168.72 A0476 100% ANTELOPE LAND SERVICES LTD 105,750.00 826.17 A0477 100% BOUNTY DEVELOPMENTS LTD 80,500.00 2,515.63 A0478 100% SCOTT LAND & LEASE LTD 5,419.52 21.17 A0479 100% STANDARD LAND COMPANY INC. 20,072.96 78.41 A0480 100% POCO PETROLEUMS LTD. 14,169.60 55.35 A0481 100% CHARTER LAND SERVICES LTD. 71,659.52 279.92 A0482 100% WESTERN LAND SERVICES CO. LTD. 65,367.04 255.34 A0483 100% WESTERN LAND SERVICES CO. LTD. 103,738.88 405.23 A0484 100% CHARTER LAND SERVICES LTD. 548,823.04 2,143.84 A0485 100% FOUR WEST LAND CONSULTANTS LTD 464,128.00 1,813.00 A0486 100% PIONEER LAND SERVICES LTD 9,704.96 37.91 A0487 100% ANDERSON RESOURCES LTD. 10,718.72 41.87 A0488 50% OLYMPIA ENERGY INC 544.64 8.51 50% BIG SKY RESOURCES INC A0489 50% OLYMPIA ENERGY INC 544.64 8.51 50% BIG SKY RESOURCES INC A0490 100% BIG SKY RESOURCES INC 10,624.00 166.00 A0491 50% OLYMPIA ENERGY INC 544.64 8.51 50% BIG SKY RESOURCES INC A0492 100% ROCKY LAYMAN ENERGY INC. 377.00 5.89 A0493 100% DEVON ENERGY CANADA CORPORATION 80,276.48 1,254.32 A0494 100% ANTELOPE LAND SERVICES LTD 109,817.60 1,715.90 A0495 100% MAVERICK LAND CONSULTANTS (87) INC 58,030.08 226.68 A0496 100% ROCKY LAYMAN ENERGY INC. 1,377.00 21.52 A0497 100% DEVON ENERGY CANADA CORPORATION 80,276.48 1,254.32 A0498 100% CANADIAN COASTAL RESOURCES LTD 158,448.00 825.25 A0499 100% SCOTT LAND & LEASE LTD 41,499.52 648.43 A0500 100% CHARTER LAND SERVICES LTD. 164,272.64 641.69 A0501 100% PETROLAND SERVICES (1986) LTD 73,203.20 285.95 Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0502 100% CENTENNIAL LAND SERVICES LTD. 284,181.12 1,480.11 A0503 100% CHARTER LAND SERVICES LTD. 87,511.04 341.84 A0504 100% UNION PACIFIC RESOURCES INC. 199,040.00 1,555.00 A0505 100% MAVERICK LAND CONSULTANTS (87) INC 53,159.68 415.31 A0506 100% MAVERICK LAND CONSULTANTS (87) INC 15,067.52 235.43 A0507 100% MAVERICK LAND CONSULTANTS (87) INC 15,067.52 235.43 A0508 100% CANSEIS EXPLORATION INC. 3,328.00 13.00 A0509 100% NUMAC ENERGY INC. 83,410.56 434.43 A0510 100% CANSEIS EXPLORATION INC. 3,328.00 13.00 A0511 100% WESTERN LAND SERVICES CO. LTD. 61,120.00 238.75 A0512 100% STANDARD LAND COMPANY INC. 55,208.96 215.66 A0513 100% THE SOO LINE RESOURCE GROUP LTD. 69,124.00 270.02 A0514 100% THE SOO LINE RESOURCE GROUP LTD. 32,251.00 125.98 A0515 50% TALISMAN ENERGY INC. 56,174.08 219.43 50% GULF CANADA RESOURCES LIMITED A0516 50% FINA RESOURCES INC 6,982.00 27.27 50% FIRSTLAND ENERGY LIMITED A0517 50% FINA RESOURCES INC 6,982.00 27.27 50% FIRSTLAND ENERGY LIMITED A0518 100% CANADIAN LANDMASTERS RESOURCE SERVICES 11,660.80 45.55 LTD A0519 100% CANADIAN LANDMASTERS RESOURCE SERVICES 13,381.12 52.27 LTD A0520 100% CANADIAN LANDMASTERS RESOURCE SERVICES 91,456.00 357.25 LTD A0521 100% INUVIALUIT ENERGY INC. 3,627.52 56.68 A0522 50% HUSKY OIL OPERATIONS LIMITED 308,202.88 4,815.67 50% MOBIL OIL CANADA, LTD A0523 50% HUSKY OIL OPERATIONS LIMITED 115,895.68 1,810.87 50% MOBIL OIL CANADA, LTD ** FOOTHILLS ** A0524 100% CANADIAN 88 ENERGY CORP 272,708.00 532.63 A0525 100% CANADIAN 88 ENERGY CORP 54,154.00 211.54 A0526 100% ARCH PETROLEUM LTD. 15,813.12 61.77 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 2,106,794.57 17,735.4160 118.79 NORTHERN 8,445,422.33 22,300.5600 378.71 FOOTHILL 342,675.12 1,024.0000 334.64 -------- ------------- ------------ ---------- TOTAL : 10,894,892.02 41,059.9760 265.34 Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0053 100% ANTELOPE LAND SERVICES LTD 154,880.00 121.00 B0054 No Offers B0055 100% ANTELOPE LAND SERVICES LTD 163,840.00 160.00 B0056 100% BONAVISTA PETROLEUM LTD. 8,320.00 10.00 B0057 100% BONAVISTA PETROLEUM LTD. 11,520.00 15.00 B0058 100% CANADIAN NATURAL RESOURCES LIMITED 13,575.28 12.87 B0059 100% HIGHRIDGE EXPLORATION LTD. 42,567.89 41.57 B0060 100% CANADIAN NATURAL RESOURCES LIMITED 36,628.48 35.77 B0061 No Offers B0062 100% CANADIAN NATURAL RESOURCES LIMITED 71,820.80 56.11 B0063 100% RENAISSANCE ENERGY LTD. 16,588.00 32.40 B0064 100% RENAISSANCE ENERGY LTD. 38,758.00 75.70 B0065 100% CANADIAN NATURAL RESOURCES LIMITED 13,245.44 25.87 ** NORTHERN ** B0066 100% AMOCO CANADA PETROLEUM COMPANY LTD. 164,864.00 322.00 B0067 100% ANTELOPE LAND SERVICES LTD 136,102.40 75.95 B0068 100% J. M. HUBER CANADA LIMITED 301,209.60 235.32 B0069 100% ANTELOPE LAND SERVICES LTD 403,960.32 525.99 B0070 100% ANTELOPE LAND SERVICES LTD 154,900.48 151.27 B0071 100% MERIDIAN LAND SERVICES (90) LTD 451,799.04 588.28 B0072 100% MAVERICK LAND CONSULTANTS (87) INC 672,389.12 656.63 B0073 100% CHRISDALL RESOURCES LAND MANAGEMENT 78,750.00 102.54 LTD. B0074 100% POCO PETROLEUMS LTD. 78,412.80 102.10 B0075 100% POCO PETROLEUMS LTD. 101,483.52 132.14 B0076 100% POCO PETROLEUMS LTD. 104,550.40 102.10 B0077 100% BRISTOL LAND & LEASING LTD. 58,152.96 75.72 B0078 100% POCO PETROLEUMS LTD. 104,550.40 102.10 B0079 100% POCO PETROLEUMS LTD. 130,688.00 102.10 B0080 50% COURAGE ENERGY INC. 18,201.60 35.55 50% PEGAZ ENERGY INC. B0081 100% BXL ENERGY LTD. 7,821.00 15.28 B0082 100% BXL ENERGY LTD. 51,819.05 67.47 B0083 100% FOUR WEST LAND CONSULTANTS LTD 162,132.48 211.11 B0084 100% CANADIAN NATURAL RESOURCES LIMITED 39,700.48 38.77 B0085 100% KENSINGTON ENERGY LTD. 8,069.12 15.76 B0086 100% KENSINGTON ENERGY LTD. 25,446.40 39.76 B0087 100% JUDELLE RESOURCES INC 327,648.00 213.31 B0088 100% WINDFALL RESOURCES LTD 156,840.96 306.33 B0089 100% CANADIAN NATURAL RESOURCES LIMITED 62,433.28 60.97 B0090 100% CANADIAN NATURAL RESOURCES LIMITED 40,450.56 52.67 B0091 50% TALISMAN ENERGY INC. 168,522.24 219.43 50% GULF CANADA RESOURCES LIMITED B0092 100% RENAISSANCE ENERGY LTD. 155,864.00 62.45 B0093 80% STONE PETROLEUMS LTD 1,490.00 1.94 20% SUPERNOVA RESOURCES LTD. B0094 100% SCOTT LAND & LEASE LTD 317,952.00 207.00 Petroleum & Natural Gas Sales Results For JULY 22, 1998 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0095 100% CENTENNIAL LAND SERVICES LTD. 169,072.64 165.11 B0096 100% SCOTT LAND & LEASE LTD 115,161.60 89.97 B0097 100% CANADIAN LANDMASTERS RESOURCE SERVICES 45,324.80 35.41 LTD B0098 100% CABRE EXPLORATION LTD 105,876.48 68.93 B0099 100% CABRE EXPLORATION LTD 159,206.40 103.65 B0100 100% CABRE EXPLORATION LTD 88,230.40 68.93 ** FOOTHILLS ** B0101 100% WESTERN LAND SERVICES CO. LTD. 326,205.44 318.56 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 571,743.89 9,822.7960 58.21 NORTHERN 5,169,076.53 35,648.0000 145.00 FOOTHILL 326,205.44 1,024.0000 318.56 -------- ------------- ------------ ---------- TOTAL : 6,067,025.86 46,494.7960 130.49 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 2,678,538.46 27,558.2120 97.20 NORTHERN 13,614,498.86 57,948.5600 234.94 FOOTHILL 668,880.56 2,048.0000 326.60 -------- ------------- ------------ ---------- TOTAL : 16,961,917.88 87,554.7720 193.73