**** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 4,998,949.23 33,515.4000 149.15 NORTHERN 4,011,493.08 15,296.0000 262.26 FOOTHILL 0.00 0.0000 NIL -------- ------------- ------------ ---------- TOTAL : 9,010,442.31 48,811.4000 184.60 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 223,573.25 3,067.1440 72.89 NORTHERN 4,608,608.73 54,830.3200 84.05 FOOTHILL 5,209,774.72 26,368.0000 197.58 -------- ------------- ------------ ---------- TOTAL : 10,041,956.70 84,265.4640 119.17 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 5,222,522.48 36,582.5440 142.76 NORTHERN 8,620,101.81 70,126.3200 122.92 FOOTHILL 5,209,774.72 26,368.0000 197.58 -------- ------------- ------------ ---------- TOTAL : 19,052,399.01 133,076.8640 143.17 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0001 100% CANADIAN NATURAL RESOURCES LIMITED 17,848.32 23.24 A0002 100% CANADIAN LANDMASTERS RESOURCE SERVICES 540,123.00 210.99 LTD A0003 100% CANADIAN NATURAL RESOURCES LIMITED 60,108.80 23.48 A0004 100% CANADIAN LANDMASTERS RESOURCE SERVICES 416,307.00 162.62 LTD A0005 100% CANADIAN LANDMASTERS RESOURCE SERVICES 202,687.00 158.35 LTD A0006 100% BRISTOL LAND & LEASING LTD. 185,779.20 362.85 A0007 100% VAL VISTA ENERGY INC. 6,204.50 48.47 A0008 100% CANADIAN NATURAL RESOURCES LIMITED 10,521.60 6.85 A0009 100% CANADIAN NATURAL RESOURCES LIMITED 33,465.60 12.45 A0010 100% SPHERE ENERGY CORP. 56,686.08 221.43 A0011 50% NYCAN ENERGY CORP. 79,904.00 312.13 50% DIAZ RESOURCES LTD. A0012 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,063.36 8.06 30% FIREFLY RESOURCES LTD A0013 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,063.36 8.06 30% FIREFLY RESOURCES LTD A0014 100% STANDARD LAND COMPANY INC. 41,017.60 544.00 A0015 100% RIFE RESOURCES LTD 80,355.00 313.89 A0016 100% RIFE RESOURCES LTD 207,017.00 808.66 A0017 100% RIFE RESOURCES LTD 132,300.00 516.80 A0018 100% CHASE RESOURCES INC. 5,136.00 107.00 A0019 50% NYCAN ENERGY CORP. 32,352.00 252.75 50% DIAZ RESOURCES LTD. A0020 100% CANADIAN LANDMASTERS RESOURCE SERVICES 130,128.00 508.31 LTD A0021 100% CANADIAN LANDMASTERS RESOURCE SERVICES 130,128.00 508.31 LTD A0022 100% CANADIAN LANDMASTERS RESOURCE SERVICES 141,780.00 553.83 LTD A0023 50% SEVENTH ENERGY LTD. 6,702.00 52.36 50% ABINGDON RESOURCES LTD. A0024 100% NEWPORT PETROLEUM CORPORATION 33,968.64 176.92 A0025 100% RENAISSANCE ENERGY LTD. 27,717.00 108.27 A0026 50% NYCAN ENERGY CORP. 85,364.00 333.45 50% DIAZ RESOURCES LTD. A0027 50% NYCAN ENERGY CORP. 85,364.00 333.45 50% DIAZ RESOURCES LTD. A0028 100% COMPTON PETROLEUM CORPORATION 154,112.00 301.00 A0029 100% COMPTON PETROLEUM CORPORATION 170,496.00 333.00 A0030 100% COMPTON PETROLEUM CORPORATION 41,472.00 162.00 A0031 100% CANADIAN 88 ENERGY CORP 172,708.00 337.32 A0032 100% CANADIAN 88 ENERGY CORP 83,604.00 326.58 A0033 100% CANADIAN 88 ENERGY CORP 73,604.00 287.52 A0034 95% LIBERTY OIL & GAS LTD. 12,704.64 66.17 5% FARKAS OIL & GAS LTD. A0035 95% LIBERTY OIL & GAS LTD. 209.28 3.27 5% FARKAS OIL & GAS LTD. A0036 100% MERIT ENERGY LTD. 2,746.88 10.73 A0037 100% MERIT ENERGY LTD. 2,746.88 10.73 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0038 50% CRESTAR ENERGY INC 1,144.32 35.76 50% DUNDEE PETROLEUM PARTNERSHIP A0039 50% CRESTAR ENERGY INC 2,288.64 35.76 50% DUNDEE PETROLEUM PARTNERSHIP A0040 50% CRESTAR ENERGY INC 6,865.92 35.76 50% DUNDEE PETROLEUM PARTNERSHIP A0041 100% MERIT ENERGY LTD. 27,717.12 108.27 A0042 50% CRESTAR ENERGY INC 9,154.56 35.76 50% DUNDEE PETROLEUM PARTNERSHIP A0043 100% THE MARGRAVE CORPORATION 2,904.00 11.34 A0044 100% APF ENERGY INC. 4,825.60 37.70 A0045 100% MAVERICK LAND CONSULTANTS (87) INC 36,805.12 143.77 A0046 100% G R REID DEVELOPMENTS LTD 132,352.00 517.00 A0047 100% CANADIAN 88 ENERGY CORP 54,052.00 422.28 A0048 100% CARAVAN OIL & GAS LTD. 3,840.72 15.00 A0049 100% SCOTT LAND & LEASE LTD 52,821.12 206.33 A0050 100% DRAIG ENERGY LTD. 30,853.00 160.69 A0051 100% DRAIG ENERGY LTD. 8,604.00 33.61 A0052 100% SCOTT LAND & LEASE LTD 18,368.00 71.75 A0053 100% SIGNALTA RESOURCES LIMITED 43,333.33 169.27 A0054 100% SCOTT LAND & LEASE LTD 28,413.44 110.99 A0055 100% ANTELOPE LAND SERVICES LTD 90,777.60 354.60 A0056 100% ANTELOPE LAND SERVICES LTD 43,115.52 168.42 A0057 100% MAVERICK LAND CONSULTANTS (87) INC 80,156.16 313.11 A0058 100% CAVALIER LAND LTD 72,880.00 284.69 A0059 100% CAVALIER LAND LTD 37,628.00 146.98 A0060 100% NUMAC ENERGY INC. 12,953.60 50.60 A0061 100% MAGIN ENERGY INC. 23,528.96 91.91 A0062 47.5% ENERGY NORTH INC. 15,764.38 61.58 47.5% LIBERTY OIL & GAS LTD. 5.0% FARKAS OIL & GAS LTD. A0063 100% ZARGON OIL & GAS LTD 12,923.00 50.48 A0064 100% MAGIN ENERGY INC. 13,186.56 51.51 A0065 100% CANADIAN NATURAL RESOURCES LIMITED 7,846.40 30.65 A0066 100% CANADIAN LANDMASTERS RESOURCE SERVICES 14,070.00 73.28 LTD A0067 100% ANTELOPE LAND SERVICES LTD 15,528.00 80.88 A0068 100% CANADIAN LANDMASTERS RESOURCE SERVICES 40,164.00 627.56 LTD A0069 100% WINDFALL RESOURCES LTD 161,600.00 2,525.00 A0070 100% BRISTOL LAND & LEASING LTD. 47,088.64 183.94 A0071 100% CANADIAN NATURAL RESOURCES LIMITED 7,785.60 121.65 A0072 100% CABRE EXPLORATION LTD 7,217.92 112.78 A0073 100% CABRE EXPLORATION LTD 23,458.56 183.27 A0074 100% CANBERTA PETROLEUM LTD. 12,906.00 201.66 A0075 100% ANDERSON RESOURCES LTD. 41,369.60 161.60 A0076 100% MORAINE RESOURCES LTD 9,808.77 613.05 A0077 66.667% ENPRO RESOURCES LTD 2,004.00 7.83 33.333% ALEXCO GEOLOGICAL CORP A0078 100% DOMINION ENERGY CANADA LTD. 688.64 2.69 A0079 100% DOMINION ENERGY CANADA LTD. 172.16 2.69 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0080 100% DOMINION ENERGY CANADA LTD. 688.64 2.69 A0081 100% POST ENERGY CORPORATION 2,247.67 8.78 A0082 100% RENAISSANCE ENERGY LTD. 8,121.00 31.72 A0083 100% TIER ONE ENERGY CORP. 2,654.00 10.37 A0084 100% PROPHET PETROLEUMS LTD 4,961.00 15.50 A0085 100% HAWK OIL INC. 2,816.00 11.00 A0086 100% CANADIAN NATURAL RESOURCES LIMITED 2,803.20 10.95 A0087 50% BIG HORN RESOURCES LTD. 71,109.12 277.77 50% PROWLER ENERGY CORPORATION A0088 50% BIG HORN RESOURCES LTD. 74,109.12 289.49 50% PROWLER ENERGY CORPORATION A0089 100% BRISTOL LAND & LEASING LTD. 65,011.00 253.95 A0090 100% TOUCHWOOD PETROLEUM LTD. 9,984.00 39.00 A0091 50% NOR-ALTA ENERGY CORPORATION 15,777.78 61.63 50% PALLISER ENERGY CORP. A0092 100% FIRSTLAND ENERGY LIMITED 1,590.00 6.21 A0093 100% RENAISSANCE ENERGY LTD. 10,617.00 41.47 ** NORTHERN ** A0094 100% SCOTT LAND & LEASE LTD 150,668.80 588.55 A0095 100% POCO PETROLEUMS LTD. 43,512.00 339.94 A0096 100% CRESTAR ENERGY INC 23,613.44 92.24 A0097 50% POCO PETROLEUMS LTD. 29,101.00 227.35 50% JET ENERGY CORP A0098 100% POCO PETROLEUMS LTD. 105,261.00 411.18 A0099 100% REGENT LAND SERVICES LTD 31,912.96 124.66 A0100 100% POCO PETROLEUMS LTD. 21,909.00 85.58 A0101 100% WESTERN LAND SERVICES CO. LTD. 72,358.40 282.65 A0102 100% MAXX PETROLEUM LTD. 26,565.12 103.77 A0103 100% MAXX PETROLEUM LTD. 15,045.12 58.77 A0104 100% COMPTON PETROLEUM CORPORATION 101,120.00 395.00 A0105 100% ISH ENERGY LTD 16,104.00 62.91 A0106 100% CANADIAN LANDMASTERS RESOURCE SERVICES 144,704.00 565.25 LTD A0107 100% MERIDIAN LAND SERVICES (90) LTD 107,156.48 418.58 A0108 100% MAVERICK LAND CONSULTANTS (87) INC 158,113.28 617.63 A0109 100% MAVERICK LAND CONSULTANTS (87) INC 158,113.28 617.63 A0110 100% MAVERICK LAND CONSULTANTS (87) INC 71,042.56 277.51 A0111 100% FIRSTLAND ENERGY LIMITED 1,193.00 6.21 A0112 100% RICHLAND PETROLEUM CORPORATION 4,658.56 72.79 A0113 100% RICHLAND PETROLEUM CORPORATION 26,570.24 103.79 A0114 100% RICHLAND PETROLEUM CORPORATION 18,634.24 72.79 A0115 100% SWISS INVESTMENTS INC. 3,971.00 15.51 A0116 100% CAVALIER LAND LTD 83,655.68 326.78 A0117 100% STANDARD LAND COMPANY INC. 66,816.00 261.00 A0118 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,795.84 28.06 30% FIREFLY RESOURCES LTD A0119 100% STANDARD LAND COMPANY INC. 15,488.00 121.00 A0120 100% STANDARD LAND COMPANY INC. 30,976.00 121.00 A0121 100% PARAMOUNT RESOURCES LTD. 7,106.56 27.76 A0122 100% PARAMOUNT RESOURCES LTD. 7,106.56 27.76 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0123 100% PARAMOUNT RESOURCES LTD. 7,106.56 27.76 A0124 100% PARAMOUNT RESOURCES LTD. 28,879.36 112.81 A0125 100% PARAMOUNT RESOURCES LTD. 13,519.36 52.81 A0126 100% SCOTT LAND & LEASE LTD 60,815.36 237.56 A0127 100% TAURUS EXPLORATION LTD. 6,963.20 27.20 A0128 100% TAURUS EXPLORATION LTD. 6,963.20 27.20 A0129 100% KB RESOURCES INC. 8,200.00 32.03 A0130 100% FIRSTLAND ENERGY LIMITED 873.00 3.41 A0131 100% STANDARD LAND COMPANY INC. 859,435.52 3,357.17 A0132 100% BRISTOL LAND & LEASING LTD. 30,124.80 235.35 A0133 100% AEC OIL & GAS CO. LTD. 102,784.00 401.50 A0134 100% ANTELOPE LAND SERVICES LTD 14,167.04 55.34 A0135 100% SCOTT LAND & LEASE LTD 317,931.52 1,241.92 A0136 100% SCOTT LAND & LEASE LTD 41,579.52 324.84 A0137 100% CANADIAN LANDMASTERS RESOURCE SERVICES 14,195.20 55.45 LTD A0138 100% CAVALIER LAND LTD 14,423.04 56.34 A0139 100% AEC OIL & GAS CO. LTD. 1,351.68 5.28 A0140 87.6667% AMOCO CANADA PETROLEUM COMPANY 5,544.96 21.66 12.3333% NORTHSTAR ENERGY CORPORATION A0141 100% AEC OIL & GAS CO. LTD. 1,351.68 5.28 A0142 100% AEC OIL & GAS CO. LTD. 1,351.68 5.28 A0143 100% AEC OIL & GAS CO. LTD. 1,351.68 5.28 A0144 100% ANDERSON RESOURCES LTD. 64,806.40 253.15 A0145 100% ANDERSON RESOURCES LTD. 640.00 2.50 A0146 50% UNION PACIFIC RESOURCES INC. 21,210.00 331.41 50% BIG SKY RESOURCES INC A0147 50% UNION PACIFIC RESOURCES INC. 26,260.00 410.31 50% BIG SKY RESOURCES INC A0148 50% UNION PACIFIC RESOURCES INC. 51,712.00 808.00 50% BIG SKY RESOURCES INC A0149 50% UNION PACIFIC RESOURCES INC. 36,800.00 575.00 50% BIG SKY RESOURCES INC A0150 50% FOUNDERS ENERGY LTD. 10,213.12 79.79 50% TALON PETROLEUMS LTD. A0151 100% DEVON ENERGY CANADA CORPORATION 20,259.84 79.14 A0152 100% BRISTOL LAND & LEASING LTD. 64,748.80 505.85 A0153 100% SCOTT LAND & LEASE LTD 86,231.04 168.42 A0154 100% MAVERICK LAND CONSULTANTS (87) INC 72,157.00 281.86 A0155 100% SCOTT LAND & LEASE LTD 20,472.32 79.97 A0156 100% STELLARTON ENERGY CORPORATION 36,288.00 141.75 A0157 100% SPHERE ENERGY CORP. 23,929.60 373.90 A0158 100% PHILLIPS PETROLEUM RESOURCES, LTD. 57,812.48 451.66 A0159 100% CANADIAN LANDMASTERS RESOURCE SERVICES 125,228.16 652.23 LTD A0160 100% PHILLIPS PETROLEUM RESOURCES, LTD. 57,684.48 450.66 A0161 100% CANADIAN LANDMASTERS RESOURCE SERVICES 55,111.68 861.12 LTD A0162 100% PHILLIPS PETROLEUM RESOURCES, LTD. 30,186.24 471.66 A0163 100% PHILLIPS PETROLEUM RESOURCES, LTD. 5,162.24 80.66 A0164 100% PHILLIPS PETROLEUM RESOURCES, LTD. 5,162.24 80.66 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0165 100% PHILLIPS PETROLEUM RESOURCES, LTD. 20,074.24 313.66 A0166 100% PHILLIPS PETROLEUM RESOURCES, LTD. 20,074.24 313.66 A0167 No Offers A0168 100% PHILLIPS PETROLEUM RESOURCES, LTD. 16,084.48 125.66 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 4,998,949.23 33,515.4000 149.15 NORTHERN 4,011,493.08 15,296.0000 262.26 FOOTHILL 0.00 0.0000 NIL -------- ------------- ------------ ---------- TOTAL : 9,010,442.31 48,811.4000 184.60 Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0001 50% ZORIN EXPLORATION LTD. 17,600.00 22.92 22% BUMPER DEVELOPMENT CORPORATION LTD 11% REDWOOD ENERGY, LTD. 7% SILVER STRAND ENERGY CORPORATION 5% BOLTER RESOURCE CONSULTING LTD 5% WESTERN SQUIRE HOLDINGS LTD B0002 100% CANADIAN LANDMASTERS RESOURCE SERVICES 103,796.25 67.79 LTD B0003 100% RENAISSANCE ENERGY LTD. 102,177.00 133.04 ** NORTHERN ** B0004 100% MAVERICK LAND CONSULTANTS (87) INC 550,149.12 238.78 B0005 60% POCO PETROLEUMS LTD. 109,912.00 78.06 40% JET ENERGY CORP B0006 100% HIGHRIDGE EXPLORATION LTD. 61,849.93 120.80 B0007 100% CANADIAN COASTAL RESOURCES LTD 209,571.84 102.33 B0008 100% THE SOO LINE RESOURCE GROUP LTD. 217,954.00 212.85 B0009 100% STANDARD LAND COMPANY INC. 59,136.00 77.00 B0010 100% ANTELOPE LAND SERVICES LTD 60,787.20 237.45 B0011 100% CANADIAN LANDMASTERS RESOURCE SERVICES 33,066.24 86.11 LTD B0012 100% SHELL CANADA LIMITED 56,064.00 73.00 B0013 100% TOWNSHIP LAND CO. LTD. 167,485.44 163.56 B0014 100% TAURUS EXPLORATION LTD. 143,001.60 186.20 B0015 100% ANDERSON RESOURCES LTD. 58,844.16 114.93 B0016 100% CARAVAN OIL & GAS LTD. 40,504.75 79.11 B0017 100% CHARTER LAND SERVICES LTD. 124,636.16 243.43 B0018 100% CHRISDALL RESOURCES LAND MANAGEMENT 393,932.80 307.76 LTD. B0019 100% ANDERSON RESOURCES LTD. 93,667.84 52.27 B0020 50% MARATHON CANADA LIMITED 58,470.40 45.68 50% CABRE EXPLORATION LTD B0021 100% ALLIED LAND SERVICES (1978) LTD 355,092.48 231.18 B0022 100% ALLIED LAND SERVICES (1978) LTD 382,066.91 221.37 B0023 100% ANDERSON RESOURCES LTD. 48,514.81 27.59 B0024 100% CANADIAN LANDMASTERS RESOURCE SERVICES 95,723.33 22.34 LTD B0025 100% PENN WEST PETROLEUM LTD 20,567.04 26.78 B0026 100% PENN WEST PETROLEUM LTD 43,356.16 21.17 B0027 100% PENN WEST PETROLEUM LTD 33,472.00 26.15 B0028 100% PENN WEST PETROLEUM LTD 51,353.60 20.06 B0029 100% WESTERN LAND SERVICES CO. LTD. 63,559.68 41.38 B0030 100% PENN WEST PETROLEUM LTD 21,795.84 28.38 B0031 100% PENN WEST PETROLEUM LTD 20,582.40 20.10 B0032 100% PENN WEST PETROLEUM LTD 35,589.12 23.17 B0033 100% TOWNSHIP LAND CO. LTD. 60,800.86 26.76 B0034 100% ANTELOPE LAND SERVICES LTD 182,041.60 71.11 B0035 100% CANADIAN LANDMASTERS RESOURCE SERVICES 171,323.10 135.00 LTD B0036 100% PARAMOUNT RESOURCES LTD. 176,179.20 68.82 B0037 100% PARAMOUNT RESOURCES LTD. 58,009.60 22.66 B0038 100% CANADIAN LANDMASTERS RESOURCE SERVICES 285,696.00 111.60 LTD Petroleum & Natural Gas Sales Results For MAY 5, 1999 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0039 100% PARAMOUNT RESOURCES LTD. 52,208.64 22.66 B0040 100% PHILLIPS PETROLEUM RESOURCES, LTD. 11,642.88 15.16 ** FOOTHILLS ** B0041 100% CANADIAN 88 ENERGY CORP 181,444.00 30.16 B0042 100% CANADIAN 88 ENERGY CORP 1,200,000.00 130.21 B0043 100% CANADIAN 88 ENERGY CORP 117,708.00 229.90 B0044 100% CHARTER LAND SERVICES LTD. 164,487.68 91.79 B0045 100% CANADIAN COASTAL RESOURCES LTD 2,103,495.68 746.98 B0046 100% CANADIAN COASTAL RESOURCES LTD 103,505.92 50.54 B0047 100% NEWPORT PETROLEUM CORPORATION 437,491.20 341.79 B0048 100% NEWPORT PETROLEUM CORPORATION 437,491.20 341.79 B0049 100% CAVALIER LAND LTD 37,089.28 36.22 B0050 100% CANADIAN COASTAL RESOURCES LTD 427,061.76 1,112.14 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 223,573.25 3,067.1440 72.89 NORTHERN 4,608,608.73 54,830.3200 84.05 FOOTHILL 5,209,774.72 26,368.0000 197.58 -------- ------------- ------------ ---------- TOTAL : 10,041,956.70 84,265.4640 119.17 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 5,222,522.48 36,582.5440 142.76 NORTHERN 8,620,101.81 70,126.3200 122.92 FOOTHILL 5,209,774.72 26,368.0000 197.58 -------- ------------- ------------ ---------- TOTAL : 19,052,399.01 133,076.8640 143.17 &l2A&l6D