A COPY OF THE SALES STATISTICS ARE NOW DISPLAYED AT THE TOP OF THE PAGE: **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,090,472.68 20,160.0000 54.09 NORTHERN 7,480,923.82 17,280.0000 432.92 FOOTHILL 26,154.00 256.0000 102.16 -------- ------------- ------------ ---------- TOTAL : 8,597,550.50 37,696.0000 228.08 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 117,811.20 768.0000 153.40 NORTHERN 5,803,513.60 14,784.0000 392.55 FOOTHILL 950,214.60 8,468.0000 112.21 -------- ------------- ------------ ---------- TOTAL : 6,871,539.40 24,020.0000 286.08 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,208,283.88 20,928.0000 57.74 NORTHERN 13,284,437.42 32,064.0000 414.31 FOOTHILL 976,368.60 8,724.0000 111.92 -------- ------------- ------------ ---------- TOTAL : 15,469,089.90 61,716.0000 250.65 &l2A&l6D ---------------------------------------------------------------------------- Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0138 100% STARTECH ENERGY INC. 9,604.00 37.52 A0139 100% STARTECH ENERGY INC. 12,828.00 66.81 A0140 100% STARTECH ENERGY INC. 17,052.00 133.22 A0141 100% MOXIE PETROLEUM LTD. 27,520.00 107.50 A0142 100% STARTECH ENERGY INC. 3,052.00 23.84 A0143 100% WASCANA ENERGY INC. 3,004.80 46.95 A0144 100% AEC OIL & GAS CO. LTD. 1,356.80 5.30 A0145 100% AEC OIL & GAS CO. LTD. 13,734.40 53.65 A0146 100% AEC OIL & GAS CO. LTD. 8,250.88 32.23 A0147 100% CYPRESS ENERGY INC. 11,104.00 43.38 A0148 100% CANADIAN 88 ENERGY CORP 18,604.00 72.67 A0149 50% MOBIL OIL CANADA, LTD 54,016.00 211.00 50% COMPTON PETROLEUM CORPORATION A0150 100% SCOTT LAND & LEASE LTD 58,889.86 230.04 A0151 100% CAVALIER LAND LTD 26,889.86 105.04 A0152 100% WESTERN LAND SERVICES CO. LTD. 41,889.28 163.63 A0153 70% HANNA OIL AND GAS COMPANY - CANADA, INC 788.48 3.08 30% FIREFLY RESOURCES LTD A0154 100% AVALANCHE ENERGY LIMITED 19,308.16 301.69 A0155 100% CANADIAN 88 ENERGY CORP 18,604.00 72.67 A0156 100% SWISS INVESTMENTS INC. 3,357.00 13.11 A0157 100% BRISTOL LAND & LEASING LTD. 13,227.52 51.67 A0158 100% BRISTOL LAND & LEASING LTD. 8,650.24 33.79 A0159 100% SCORPION ENERGY INC. 7,749.12 30.27 A0160 100% ZARGON OIL & GAS LTD 6,027.00 23.54 A0161 100% ZARGON OIL & GAS LTD 6,027.00 23.54 A0162 100% ZARGON OIL & GAS LTD 6,027.00 23.54 A0163 100% BUMPER DEVELOPMENT CORPORATION LTD 5,552.64 21.69 A0164 100% CANOL RESOURCES LTD 6,400.00 25.00 A0165 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0166 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0167 50% WHITEHAWK RESOURCES LTD. 2,816.00 11.00 50% AMIDON CREATIVE ENTERPRISES LTD. A0168 100% 771129 ALBERTA LTD. 7,104.00 27.75 A0169 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0170 100% CANOL RESOURCES LTD 7,680.00 30.00 A0171 100% 771129 ALBERTA LTD. 7,104.00 27.75 A0172 100% SCORPION ENERGY INC. 28,889.60 112.85 A0173 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0174 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0175 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0176 100% CANOL RESOURCES LTD 6,400.00 25.00 A0177 100% CANOL RESOURCES LTD 7,680.00 30.00 A0178 100% SIGNALTA RESOURCES LIMITED 21,111.11 82.47 A0179 100% ZARGON OIL & GAS LTD 8,110.00 31.68 A0180 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0181 100% BEST PACIFIC RESOURCES LTD. 12,001.28 46.88 Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0182 100% AVALANCHE ENERGY LIMITED 1,338.88 5.23 A0183 100% BEST PACIFIC RESOURCES LTD. 7,393.28 28.88 A0184 100% CAVALIER LAND LTD 4,608.00 18.00 A0185 100% BEST PACIFIC RESOURCES LTD. 12,001.28 46.88 A0186 100% BEST PACIFIC RESOURCES LTD. 7,393.28 28.88 A0187 100% BEST PACIFIC RESOURCES LTD. 7,393.28 28.88 A0188 100% SIGNALTA RESOURCES LIMITED 21,111.11 82.47 A0189 100% CAVALIER LAND LTD 12,800.00 50.00 A0190 100% AVALANCHE ENERGY LIMITED 334.72 5.23 A0191 100% CANADIAN 88 ENERGY CORP 20,154.00 78.73 A0192 90% EMBO PETROLEUM INC. 7,296.00 57.00 10% TRIPLE PACER RESOURCES LTD A0193 100% AVALANCHE ENERGY LIMITED 17,064.96 66.66 A0194 100% AVALANCHE ENERGY LIMITED 17,064.96 66.66 A0195 100% AVALANCHE ENERGY LIMITED 17,064.96 66.66 A0196 100% AVALANCHE ENERGY LIMITED 4,266.24 66.66 A0197 100% AVALANCHE ENERGY LIMITED 17,064.96 66.66 A0198 No Offers A0199 100% FLETCHER CHALLENGE ENERGY CANADA INC. 11,691.52 45.67 A0200 100% FLETCHER CHALLENGE ENERGY CANADA INC. 11,691.52 45.67 A0201 100% TRUE NORTH LAND SERVICES LTD. 77,724.16 303.61 A0202 100% CYPRESS ENERGY INC. 21,552.00 168.38 A0203 100% MAVERICK LAND CONSULTANTS (87) INC 7,479.92 29.22 A0204 100% MUTINY OIL & GAS LTD. 2,132.48 8.33 A0205 100% CANOIL ENERGY CORPORATION 13,703.68 53.53 A0206 100% BIG SKY RESOURCES INC 20,175.36 78.81 A0207 100% AEC OIL & GAS CO. LTD. 21,475.84 83.89 A0208 100% STANDARD LAND COMPANY INC. 16,555.52 64.67 A0209 100% WESTERN LAND SERVICES CO. LTD. 6,599.68 25.78 A0210 100% BIG SKY RESOURCES INC 32,000.00 125.00 A0211 100% BIG SKY RESOURCES INC 24,048.64 93.94 A0212 100% BIG SKY RESOURCES INC 12,154.88 47.48 A0213 100% WESTERN LAND SERVICES CO. LTD. 20,298.00 79.29 A0214 100% RENAISSANCE ENERGY LTD. 13,730.00 53.63 A0215 100% RENAISSANCE ENERGY LTD. 13,730.00 53.63 A0216 100% OMI RESOURCES LTD. 14,468.50 56.52 A0217 100% CANADIAN NATURAL RESOURCES LIMITED 7,342.08 28.68 A0218 100% RENAISSANCE ENERGY LTD. 5,837.00 22.80 A0219 100% RENAISSANCE ENERGY LTD. 5,837.00 22.80 A0220 100% BIG SKY RESOURCES INC 652.80 2.55 A0221 100% RENAISSANCE ENERGY LTD. 13,730.00 53.63 A0222 100% RENAISSANCE ENERGY LTD. 13,730.00 53.63 ** NORTHERN ** A0223 100% TRIUMPH ENERGY CORPORATION 9,956.00 38.89 A0224 100% ANTELOPE LAND SERVICES LTD 58,329.60 227.85 A0225 100% FLETCHER CHALLENGE ENERGY CANADA INC. 170,119.68 664.53 Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0226 100% BRITT RESOURCES LTD 131,258.88 512.73 A0227 100% CAVALIER LAND LTD 162,293.76 633.96 A0228 100% WESTERN LAND SERVICES CO. LTD. 32,599.04 127.34 A0229 100% PETROLAND SERVICES (1986) LTD 158,003.20 1,234.40 A0230 100% COMPTON PETROLEUM CORPORATION 54,016.00 211.00 A0231 100% CHARTER LAND SERVICES LTD. 70,955.52 277.17 A0232 100% CHARTER LAND SERVICES LTD. 125,127.68 488.78 A0233 100% VERMILION RESOURCES LTD 8,532.50 66.66 A0234 100% BENSON PETROLEUM LTD. 45,667.84 356.78 A0235 100% BENSON PETROLEUM LTD. 9,364.48 73.16 A0236 70% HANNA OIL AND GAS COMPANY - CANADA, INC 9,492.48 37.08 30% FIREFLY RESOURCES LTD A0237 80% PROGRESS ENERGY LTD. 28,774.40 112.40 20% BRIALTO ENERGY CORPORATION A0238 100% ULSTER PETROLEUMS LTD. 22,727.68 88.78 A0239 100% PRIZE ENERGY INC 3,840.00 15.00 A0240 100% CHRISDALL RESOURCES LAND MANAGEMENT 112,275.00 438.57 LTD. A0241 100% CHRISDALL RESOURCES LAND MANAGEMENT 112,275.00 438.57 LTD. A0242 100% PIONEER LAND SERVICES LTD 5,114.24 79.91 A0243 100% TRANS WORLD OIL & GAS LTD 13,447.00 210.11 A0244 100% TRANS WORLD OIL & GAS LTD 16,455.00 257.11 A0245 100% BTU RESOURCES LTD. 22,627.84 353.56 A0246 100% WESTERN LAND SERVICES CO. LTD. 92,787.20 362.45 A0247 100% WESTERN LAND SERVICES CO. LTD. 65,830.40 257.15 A0248 100% REGENT LAND SERVICES LTD 36,254.72 141.62 A0249 100% STANDARD LAND COMPANY INC. 55,523.84 216.89 A0250 100% REGENT LAND SERVICES LTD 36,254.72 141.62 A0251 100% FOUR WEST LAND CONSULTANTS LTD 56,668.16 221.36 A0252 100% KB RESOURCES INC. 28,800.00 150.00 A0253 100% PENN WEST PETROLEUM LTD 3,664.64 28.63 A0254 100% PENN WEST PETROLEUM LTD 5,539.20 28.85 A0255 100% KB RESOURCES INC. 11,200.00 175.00 A0256 100% KB RESOURCES INC. 9,600.00 150.00 A0257 100% KB RESOURCES INC. 3,200.00 50.00 A0258 100% KB RESOURCES INC. 9,600.00 150.00 A0259 100% PENN WEST PETROLEUM LTD 2,261.76 35.34 A0260 100% FOUR WEST LAND CONSULTANTS LTD 287,214.08 1,121.93 A0261 100% REGENT LAND SERVICES LTD 286,184.96 1,117.91 A0262 100% STANDARD LAND COMPANY INC. 421,534.72 1,646.62 A0263 100% SCOTT LAND & LEASE LTD 610,972.16 2,386.61 A0264 100% FOUR WEST LAND CONSULTANTS LTD 235,312.64 1,838.38 A0265 100% STANDARD LAND COMPANY INC. 464,944.64 1,816.19 A0266 100% SCOTT LAND & LEASE LTD 610,974.72 2,386.62 A0267 100% FOUR WEST LAND CONSULTANTS LTD 363,491.84 1,419.89 A0268 100% REGENT LAND SERVICES LTD 576,394.24 2,251.54 A0269 100% STANDARD LAND COMPANY INC. 122,078.72 476.87 A0270 100% CABRE EXPLORATION LTD 40,069.12 156.52 Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0271 100% PRIZE ENERGY INC 3,840.00 15.00 A0272 100% PRIZE ENERGY INC 3,840.00 15.00 A0273 100% PRIZE ENERGY INC 3,840.00 15.00 A0274 100% ANTELOPE LAND SERVICES LTD 6,528.00 51.00 A0275 100% ANTELOPE LAND SERVICES LTD 9,792.00 51.00 A0276 100% ANTELOPE LAND SERVICES LTD 6,528.00 51.00 A0277 100% ANTELOPE LAND SERVICES LTD 3,264.00 51.00 A0278 100% PRIZE ENERGY INC 960.00 15.00 A0279 100% ANDERSON RESOURCES LTD. 65,013.76 253.96 A0280 100% ANDERSON RESOURCES LTD. 26,288.64 102.69 A0281 100% ANTELOPE LAND SERVICES LTD 26,585.60 103.85 A0282 100% PRIZE ENERGY INC 3,840.00 15.00 A0283 50% NORTHSTAR ENERGY CORPORATION 26,375.68 412.12 50% NEUTRINO RESOURCES INC. A0284 50% NORTHSTAR ENERGY CORPORATION 30,389.76 158.28 50% NEUTRINO RESOURCES INC. A0285 50% NORTHSTAR ENERGY CORPORATION 10,277.12 160.58 50% NEUTRINO RESOURCES INC. A0286 50% NORTHSTAR ENERGY CORPORATION 70,730.24 552.58 50% NEUTRINO RESOURCES INC. A0287 100% ANTELOPE LAND SERVICES LTD 22,400.00 175.00 A0288 50% NORTHSTAR ENERGY CORPORATION 35,621.12 556.58 50% NEUTRINO RESOURCES INC. A0289 50% NORTHSTAR ENERGY CORPORATION 35,621.12 556.58 50% NEUTRINO RESOURCES INC. A0290 50% NORTHSTAR ENERGY CORPORATION 26,375.68 412.12 50% NEUTRINO RESOURCES INC. A0291 50% NORTHSTAR ENERGY CORPORATION 26,375.68 412.12 50% NEUTRINO RESOURCES INC. A0292 100% ANTELOPE LAND SERVICES LTD 22,400.00 175.00 A0293 50% NORTHSTAR ENERGY CORPORATION 5,358.08 83.72 50% NEUTRINO RESOURCES INC. A0294 50% NORTHSTAR ENERGY CORPORATION 5,358.08 83.72 50% NEUTRINO RESOURCES INC. A0295 100% ANTELOPE LAND SERVICES LTD 3,200.00 50.00 A0296 100% BEAVER LAKE RESOURCES CORPORATION 640.00 10.00 A0297 100% ANTELOPE LAND SERVICES LTD 160.00 2.50 A0298 100% ANTELOPE LAND SERVICES LTD 3,200.00 50.00 A0299 100% ANTELOPE LAND SERVICES LTD 160.00 2.50 A0300 100% ANTELOPE LAND SERVICES LTD 160.00 2.50 A0301 100% ANTELOPE LAND SERVICES LTD 3,200.00 50.00 A0302 100% ANTELOPE LAND SERVICES LTD 320.00 2.50 A0303 100% ANTELOPE LAND SERVICES LTD 3,200.00 50.00 A0304 100% STANDARD LAND COMPANY INC. 111,861.76 436.96 A0305 50% MURPHY OIL COMPANY LTD 26,095.36 203.87 50% RIGEL OIL & GAS LTD. A0306 100% BIG HORN RESOURCES LTD. 83,417.60 651.70 A0307 100% STORM ENERGY INC. 5,120.00 40.00 A0308 100% REAL RESOURCES INC. 6,557.44 51.23 A0309 100% STORM ENERGY INC. 43,200.00 225.00 A0310 100% REAL RESOURCES INC. 6,775.68 35.29 A0311 100% STORM ENERGY INC. 5,120.00 40.00 Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0312 100% CANADIAN LANDMASTERS RESOURCE SERVICES 207,810.56 811.76 LTD A0313 100% CANADIAN LANDMASTERS RESOURCE SERVICES 260,190.72 1,016.37 LTD A0314 100% CANADIAN LANDMASTERS RESOURCE SERVICES 285,058.56 1,113.51 LTD A0315 100% FIRSTLAND ENERGY LIMITED 590.00 9.22 A0316 100% FIRSTLAND ENERGY LIMITED 1,179.00 9.21 A0317 100% WINDFALL RESOURCES LTD 26,736.64 208.88 A0318 100% WINDFALL RESOURCES LTD 13,144.32 102.69 A0319 100% WINDFALL RESOURCES LTD 19,340.80 75.55 A0320 100% ANTELOPE LAND SERVICES LTD 27,304.96 426.64 A0321 100% STONE PETROLEUMS LTD 160.00 2.50 A0322 100% SPHERE ENERGY CORP. 16,384.00 64.00 A0323 100% STONE PETROLEUMS LTD 670.00 2.62 A0324 100% PHILLIPS PETROLEUM RESOURCES, LTD. 22,754.56 177.77 ** FOOTHILLS ** A0325 100% THE SOO LINE RESOURCE GROUP LTD. 26,154.00 102.16 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,090,472.68 20,160.0000 54.09 NORTHERN 7,480,923.82 17,280.0000 432.92 FOOTHILL 26,154.00 256.0000 102.16 -------- ------------- ------------ ---------- TOTAL : 8,597,550.50 37,696.0000 228.08 Petroleum & Natural Gas Sales Results For DECEMBER 16, 1998 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0037 50% BIRCHILL RESOURCES LIMITED 39,270.40 153.40 50% THUNDER ENERGY INC. B0038 50% BIRCHILL RESOURCES LIMITED 78,540.80 153.40 50% THUNDER ENERGY INC. ** NORTHERN ** B0039 100% CHARTER LAND SERVICES LTD. 158,274.56 309.13 B0040 100% PIONEER LAND SERVICES LTD 3,893,619.20 3,041.89 B0041 45% CABRE EXPLORATION LTD 115,097.60 112.40 45% PROGRESS ENERGY LTD. 10% BRIALTO ENERGY CORPORATION B0042 100% AEC OIL & GAS CO. LTD. 177,571.84 346.82 B0043 100% REAL RESOURCES INC. 51,717.12 33.67 B0044 100% TRANS WORLD OIL & GAS LTD 47,745.00 67.82 B0045 100% NUMAC ENERGY INC. 332,380.16 324.59 B0046 100% CABRE EXPLORATION LTD 344,140.80 268.86 B0047 100% CABRE EXPLORATION LTD 238,172.16 310.12 B0048 100% CABRE EXPLORATION LTD 107,745.28 105.22 B0049 100% ANTELOPE LAND SERVICES LTD 141,312.00 138.00 B0050 100% ANTELOPE LAND SERVICES LTD 63,775.00 62.28 B0051 100% COMPTON PETROLEUM CORPORATION 106,024.96 51.77 B0052 100% COMPTON PETROLEUM CORPORATION 25,937.92 25.33 ** FOOTHILLS ** B0053 100% STANDARD LAND COMPANY INC. 45,258.00 88.39 B0054 100% MURPHY OIL COMPANY LTD 250,968.76 107.99 B0055 100% BRITT RESOURCES LTD 653,987.84 116.12 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 117,811.20 768.0000 153.40 NORTHERN 5,803,513.60 14,784.0000 392.55 FOOTHILL 950,214.60 8,468.0000 112.21 -------- ------------- ------------ ---------- TOTAL : 6,871,539.40 24,020.0000 286.08 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,208,283.88 20,928.0000 57.74 NORTHERN 13,284,437.42 32,064.0000 414.31 FOOTHILL 976,368.60 8,724.0000 111.92 -------- ------------- ------------ ---------- TOTAL : 15,469,089.90 61,716.0000 250.65 &l2A&l6D