**** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- --------------- ---------------- ---------- PLAINS 3,363,381.66 22,307.7280 150.77 NORTHERN 5,298,393.58 18,624.0000 284.49 FOOTHILL 217,313.28 1,536.0000 141.48 ----------------- ------------------ ----------------- ------------ TOTAL : 8,879,088.52 42,467.7280 209.08 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ---------------- ---------- PLAINS 753,344.96 6,143.0720 122.63 NORTHERN 2,773,347.05 19,712.0000 140.69 FOOTHILL 1,288,627.05 2,695.5600 478.06 ----------------- ------------------- ----------------- ---------- TOTAL : 4,815,319.06 28,550.6320 168.66 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ---------------- ---------- PLAINS 4,116,726.62 28,450.8000 144.70 NORTHERN 8,071,740.63 38,336.0000 210.55 FOOTHILL 1,505,940.33 4,231.5600 355.88 ----------------- ------------------- ----------------- ---------- TOTAL : 13,694,407.58 71,018.3600 192.83 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0169 100% BRISTOL LAND & LEASING LTD. 63,040.00 246.25 A0170 100% BRISTOL LAND & LEASING LTD. 82,905.60 323.85 A0171 100% ALTANA EXPLORATION LTD. 105,538.56 412.26 A0172 100% ALTANA EXPLORATION LTD. 106,823.80 417.28 A0173 100% ALTANA EXPLORATION LTD. 80,161.28 313.13 A0174 100% ALTANA EXPLORATION LTD. 112,069.12 437.77 A0175 100% BRISTOL LAND & LEASING LTD. 104,622.08 408.68 A0176 100% BRISTOL LAND & LEASING LTD. 70,778.88 276.48 A0177 100% BRISTOL LAND & LEASING LTD. 104,622.08 408.68 A0178 100% BUMPER DEVELOPMENT CORPORATION LTD 8,880.64 34.69 A0179 50% TRANS WORLD OIL & GAS LTD 10,588.16 41.36 50% MOXIE PETROLEUM LTD. A0180 70% HANNA OIL AND GAS COMPANY - CANADA, INC 4,720.64 18.44 30% FIREFLY RESOURCES LTD A0181 100% MAVERICK LAND CONSULTANTS (87) INC 30,087.68 117.53 A0182 100% SPHERE ENERGY CORP. 53,560.32 209.22 A0183 100% SPHERE ENERGY CORP. 70,912.00 277.00 A0184 100% MARATHON CANADA LIMITED 45,260.80 176.80 A0185 100% MARATHON CANADA LIMITED 39,116.80 152.80 A0186 100% THE SOO LINE RESOURCE GROUP LTD. 68,604.00 267.98 A0187 100% CANADIAN NATURAL RESOURCES LIMITED 2,621.44 10.24 A0188 100% COMPTON PETROLEUM CORPORATION 16,128.00 126.00 A0189 100% SCOTT LAND & LEASE LTD 10,177.28 160.00 A0190 100% DRAIG ENERGY LTD. 11,404.00 44.55 A0191 100% BONAVISTA PETROLEUM LTD. 150,720.00 785.00 A0192 100% DRAIG ENERGY LTD. 12,800.00 50.00 A0193 100% DRAIG ENERGY LTD. 12,800.00 50.00 A0194 100% WESTERN LAND SERVICES CO. LTD. 19,136.00 74.75 A0195 100% POCO PETROLEUMS LTD. 18,099.20 70.70 A0196 100% POCO PETROLEUMS LTD. 15,513.60 60.60 A0197 100% WESTERN LAND SERVICES CO. LTD. 19,264.00 75.25 A0198 100% POCO PETROLEUMS LTD. 14,220.80 55.55 A0199 100% CANADIAN 88 ENERGY CORP 107,104.00 418.38 A0200 100% CANADIAN 88 ENERGY CORP 131,104.00 512.13 A0201 100% DRAIG ENERGY LTD. 55,040.55 215.00 A0202 100% QUESTAR ENERGY LTD. 6,889.00 26.91 A0203 100% TAURUS EXPLORATION LTD. 5,683.20 22.20 A0204 100% TAURUS EXPLORATION LTD. 9,523.20 37.20 A0205 100% PENN WEST PETROLEUM LTD 9,254.40 36.15 A0206 100% TAURUS EXPLORATION LTD. 14,643.20 57.20 A0207 100% FLETCHER CHALLENGE ENERGY CANADA INC. 18,403.84 71.89 A0208 100% TAURUS EXPLORATION LTD. 3,660.80 57.20 A0209 100% FLETCHER CHALLENGE ENERGY CANADA INC. 17,840.64 69.69 A0210 100% QUESTAR ENERGY LTD. 3,678.00 14.37 A0211 100% QUESTAR ENERGY LTD. 3,678.00 14.37 A0212 100% QUESTAR ENERGY LTD. 3,678.00 14.37 A0213 100% FLETCHER CHALLENGE ENERGY CANADA INC. 7,111.68 27.78 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0214 100% KB RESOURCES INC. 10,200.00 79.69 A0215 100% BIG HORN RESOURCES LTD. 20,933.12 81.77 A0216 50% REAL RESOURCES INC. 89,909.76 351.21 50% SPHERE ENERGY CORP. A0217 50% REAL RESOURCES INC. 5,916.16 23.11 50% SPHERE ENERGY CORP. A0218 100% PENN WEST PETROLEUM LTD 7,334.40 28.65 A0219 100% BRISTOL LAND & LEASING LTD. 32,000.00 125.00 A0220 No Offers A0221 100% BRISTOL LAND & LEASING LTD. 24,614.00 96.15 A0222 100% RENAISSANCE ENERGY LTD. 8,143.00 31.81 A0223 100% RENAISSANCE ENERGY LTD. 11,118.00 43.43 A0224 100% CAMPION RESOURCES LTD. 117,515.89 459.05 A0225 100% FLETCHER CHALLENGE ENERGY CANADA INC. 4,855.68 75.87 A0226 100% FLETCHER CHALLENGE ENERGY CANADA INC. 12,741.12 49.77 A0227 100% MAVERICK LAND CONSULTANTS (87) INC 28,606.80 197.67 A0228 No Offers A0229 No Offers A0230 100% BIG HORN RESOURCES LTD. 41,925.12 163.77 A0231 50% STELLARTON ENERGY CORPORATION 4,549.12 17.77 50% MAGIN ENERGY INC. A0232 100% BIG HORN RESOURCES LTD. 15,813.12 61.77 A0233 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,435.58 12.44 30% FIREFLY RESOURCES LTD A0234 100% RENAISSANCE ENERGY LTD. 5,088.00 19.88 A0235 100% CANADIAN NATURAL RESOURCES LIMITED 11,686.40 45.65 A0236 No Offers A0237 100% CANADIAN NATURAL RESOURCES LIMITED 10,713.60 41.85 A0238 No Offers A0239 100% CANADIAN NATURAL RESOURCES LIMITED 2,621.44 10.24 A0240 100% INTERNATIONAL GRYPHON RESOURCES INC 645.00 2.52 A0241 100% CANADIAN NATURAL RESOURCES LIMITED 5,619.20 21.95 A0242 No Offers A0243 100% CANADIAN NATURAL RESOURCES LIMITED 4,006.40 15.65 A0244 100% COMETRA ENERGY (CANADA) LTD. 3,749.12 58.58 A0245 100% EBOC ENERGY LTD 54,727.68 213.78 A0246 100% SEARCH ENERGY CORP. 171,093.76 1,336.67 A0247 100% ANTELOPE LAND SERVICES LTD 107,025.92 418.07 A0248 100% KINTAIL ENERGY INC. 52,876.00 206.55 A0249 100% DOMINION ENERGY CANADA LTD. 102,704.64 401.19 A0250 100% ASCOT ENERGY RESOURCES LTD. 19,909.12 77.77 A0251 100% TALISMAN ENERGY INC. 70,592.00 275.75 A0252 100% CYPRESS ENERGY INC. 66,104.00 258.22 A0253 100% CYPRESS ENERGY INC. 18,104.00 70.72 A0254 100% WESTERN LAND SERVICES CO. LTD. 22,558.72 88.12 A0255 100% PETROLAND SERVICES (1986) LTD 2,872.32 11.22 A0256 100% FIREFLY RESOURCES LTD 4,184.52 32.69 A0257 100% PROBE EXPLORATION INC 19,276.00 301.19 A0258 100% POCO PETROLEUMS LTD. 47,577.60 185.85 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0259 100% PETROLAND SERVICES (1986) LTD 1,390.08 5.43 A0260 100% BANCROFT OIL AND GAS LTD 32,455.68 126.78 A0261 100% BANCROFT OIL AND GAS LTD 26,421.76 103.21 A0262 No Offers A0263 100% BENSON PETROLEUM LTD. 3,269.12 102.16 A0264 100% POGO CANADA LTD. 19,584.00 76.50 A0265 100% POGO CANADA LTD. 7,134.72 27.87 A0266 100% TAURUS EXPLORATION LTD. 54,323.20 212.20 A0267 100% TAURUS EXPLORATION LTD. 28,723.20 112.20 A0268 100% TAURUS EXPLORATION LTD. 5,683.20 22.20 A0269 100% IONIC ENERGY INC. 32,967.68 128.78 A0270 100% BRISTOL LAND & LEASING LTD. 47,613.44 185.99 ** NORTHERN ** A0271 100% POCO PETROLEUMS LTD. 123,956.00 484.20 A0272 100% TRIUMPH ENERGY CORPORATION 9,842.00 76.89 A0273 100% TRIUMPH ENERGY CORPORATION 11,185.00 43.69 A0274 100% ANTELOPE LAND SERVICES LTD 54,448.64 212.69 A0275 100% TRIUMPH ENERGY CORPORATION 5,592.00 43.69 A0276 100% ANDERSON RESOURCES LTD. 65,713.92 1,026.78 A0277 100% TRIUMPH ENERGY CORPORATION 11,185.00 43.69 A0278 100% COMPTON PETROLEUM CORPORATION 52,480.00 205.00 A0279 100% BRITT RESOURCES LTD 50,598.40 197.65 A0280 100% BRITT RESOURCES LTD 21,493.76 83.96 A0281 100% WESTERN LAND SERVICES CO. LTD. 33,625.86 131.35 A0282 100% AMOCO CANADA PETROLEUM COMPANY 38,842.88 151.73 A0283 100% AMOCO CANADA PETROLEUM COMPANY 38,842.88 151.73 A0284 100% AMOCO CANADA PETROLEUM COMPANY 813,089.28 3,176.13 A0285 100% JET ENERGY CORP 6,144.00 48.00 A0286 50% CANOL RESOURCES LTD 13,253.12 51.77 50% ENCOUNTER ENERGY INC. A0287 100% JET ENERGY CORP 26,624.00 208.00 A0288 100% IONIC ENERGY INC. 27,535.36 107.56 A0289 100% CAVALIER LAND LTD 104,391.68 407.78 A0290 100% POCO PETROLEUMS LTD. 60,879.36 237.81 A0291 100% BOLT ENERGY LTD. 132,322.56 1,033.77 A0292 100% PARAMOUNT RESOURCES LTD. 59,099.52 307.81 A0293 100% CANADIAN COASTAL RESOURCES LTD 21,107.20 82.45 A0294 80% PROGRESS ENERGY LTD. 91,494.40 357.40 20% BRIALTO ENERGY CORPORATION A0295 100% PARAMOUNT RESOURCES LTD. 27,586.56 107.76 A0296 100% TOWNSHIP LAND CO. LTD. 162,618.88 635.23 A0297 100% PETROLAND SERVICES (1986) LTD 163,015.68 636.78 A0298 100% CANADIAN COASTAL RESOURCES LTD 162,472.96 634.66 A0299 50% CRESTAR ENERGY INC 270,336.00 1,056.00 50% NAL RESOURCES LIMITED A0300 100% BRISTOL LAND & LEASING LTD. 15,904.00 62.13 A0301 100% TOWNSHIP LAND CO. LTD. 91,223.04 356.34 A0302 100% PETROLAND SERVICES (1986) LTD 65,651.20 256.45 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0303 100% AEC OIL & GAS CO. LTD. 73,725.44 287.99 A0304 100% AEC OIL & GAS CO. LTD. 35,543.04 138.84 A0305 100% AEC OIL & GAS CO. LTD. 7,144.96 27.91 A0306 100% AEC OIL & GAS CO. LTD. 35,543.04 138.84 A0307 100% AEC OIL & GAS CO. LTD. 73,725.44 287.99 A0308 100% SCOTT LAND & LEASE LTD 77,455.36 302.56 A0309 100% BRISTOL LAND & LEASING LTD. 109,760.00 428.75 A0310 100% ULSTER PETROLEUMS LTD. 87,774.72 342.87 A0311 100% SCOTT LAND & LEASE LTD 15,774.72 61.62 A0312 100% TALISMAN ENERGY INC. 91,865.60 358.85 A0313 100% AEC OIL & GAS CO. LTD. 73,725.44 287.99 A0314 100% AEC OIL & GAS CO. LTD. 86,502.40 337.90 A0315 100% AEC OIL & GAS CO. LTD. 112,102.40 437.90 A0316 100% TALISMAN ENERGY INC. 27,640.32 107.97 A0317 100% CRESTAR ENERGY INC 91,609.60 357.85 A0318 100% WESTERN LAND SERVICES CO. LTD. 4,563.84 23.77 A0319 100% TALISMAN ENERGY INC. 22,471.68 87.78 A0320 100% ANDERSON RESOURCES LTD. 90,521.60 353.60 A0321 100% GENESIS EXPLORATION LTD 4,162.56 16.26 A0322 100% PRIZE ENERGY INC 3,840.00 15.00 A0323 100% ANDERSON RESOURCES LTD. 16,281.60 63.60 A0324 100% ANDERSON RESOURCES LTD. 41,804.80 163.30 A0325 100% PARAMOUNT RESOURCES LTD. 20,788.00 81.20 A0326 100% FOUR WEST LAND CONSULTANTS LTD 41,556.48 162.33 A0327 100% FOUR WEST LAND CONSULTANTS LTD 55,744.00 217.75 A0328 100% FOUR WEST LAND CONSULTANTS LTD 30,108.16 117.61 A0329 100% FOUR WEST LAND CONSULTANTS LTD 11,343.36 44.31 A0330 100% MAVERICK LAND CONSULTANTS (87) INC 30,080.00 235.00 A0331 100% RENAISSANCE ENERGY LTD. 54,613.00 106.67 A0332 100% RENAISSANCE ENERGY LTD. 54,308.00 212.14 A0333 100% SCOTT LAND & LEASE LTD 18,674.63 72.95 A0334 100% MERIDIAN LAND SERVICES (90) LTD 55,287.77 215.97 A0335 50% TALISMAN ENERGY INC. 25,143.68 392.87 50% ANDERSON RESOURCES LTD. A0336 100% MARATHON CANADA LIMITED 68,825.60 268.85 A0337 100% ANDERSON RESOURCES LTD. 220,830.72 862.62 A0338 100% ANTELOPE LAND SERVICES LTD 78,256.64 305.69 A0339 100% MAVERICK LAND CONSULTANTS (87) INC 365,557.76 1,427.96 A0340 100% CYPRESS ENERGY INC. 16,552.00 129.31 A0341 100% CYPRESS ENERGY INC. 33,304.00 130.09 A0342 100% CALAHOO PETROLEUM LTD 8,012.80 31.30 A0343 100% CALAHOO PETROLEUM LTD 8,012.80 31.30 A0344 100% PENN WEST PETROLEUM LTD 7,111.68 27.78 A0345 100% ANTELOPE LAND SERVICES LTD 27,223.04 106.34 A0346 100% PENN WEST PETROLEUM LTD 7,142.40 27.90 A0347 100% PENN WEST PETROLEUM LTD 7,557.12 29.52 A0348 100% PHILLIPS PETROLEUM RESOURCES, LTD. 36,266.24 566.66 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** FOOTHILLS ** A0349 100% PETRO-CANADA 121,277.44 236.87 A0350 100% PETRO-CANADA 17,054.72 33.31 A0351 100% PETRO-CANADA 78,981.12 154.26 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,363,381.66 22,307.7280 150.77 NORTHERN 5,298,393.58 18,624.0000 284.49 FOOTHILL 217,313.28 1,536.0000 141.48 -------- ------------- ------------ ---------- TOTAL : 8,879,088.52 42,467.7280 209.08 Petroleum & Natural Gas Sales Results For MAY 19, 1999 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0051 100% SANDSTONE LAND & MINERAL COMPANY LTD. 164,452.00 91.77 B0052 100% RENAISSANCE ENERGY LTD. 65,372.00 127.68 B0053 100% SCOTT LAND & LEASE LTD 255,768.00 250.00 B0054 100% ANTELOPE LAND SERVICES LTD 112,179.20 87.64 B0055 100% WESTERN LAND SERVICES CO. LTD. 43,699.20 56.90 B0056 100% MAVERICK LAND CONSULTANTS (87) INC 111,874.56 145.67 ** NORTHERN ** B0057 100% SCOTT LAND & LEASE LTD 5,657.60 11.05 B0058 100% MAVERICK LAND CONSULTANTS (87) INC 125,998.08 82.03 B0059 100% SCOTT LAND & LEASE LTD 8,486.40 11.05 B0060 100% CHARTER LAND SERVICES LTD. 27,985.92 18.22 B0061 100% CHARTER LAND SERVICES LTD. 129,116.16 252.18 B0062 100% PIONEER LAND SERVICES LTD 77,895.68 152.14 B0063 50% MOBIL OIL CANADA, LTD 155,278.49 121.31 50% THE WISER OIL COMPANY OF CANADA B0064 100% BRISTOL LAND & LEASING LTD. 141,043.20 183.65 B0065 100% D. R. HURL & ASSOCIATES LTD 211,517.44 206.56 B0066 100% ANTELOPE LAND SERVICES LTD 122,311.68 238.89 B0067 100% STANDARD LAND COMPANY INC. 408,330.24 531.68 B0068 100% BRISTOL LAND & LEASING LTD. 571,207.68 557.82 B0069 100% POCO PETROLEUMS LTD. 211,276.80 275.10 B0070 100% RENAISSANCE ENERGY LTD. 13,228.00 12.92 B0071 100% NORTHSTAR ENERGY CORPORATION 23,669.76 46.23 B0072 100% STAR OIL & GAS LTD. 130,007.04 253.92 B0073 100% RENAISSANCE ENERGY LTD. 46,118.00 36.03 B0074 100% CANADIAN NATURAL RESOURCES LIMITED 15,168.00 11.85 B0075 50% RIGEL OIL & GAS LTD. 81,223.68 52.88 50% NORTHSTAR ENERGY CORPORATION B0076 100% POCO PETROLEUMS LTD. 151,321.60 295.55 B0077 100% STANDARD LAND COMPANY INC. 116,505.60 75.85 ** FOOTHILLS ** B0078 100% SCOTT LAND & LEASE LTD 40,023.04 78.17 B0079 100% CHARTER LAND SERVICES LTD. 539,172.65 761.78 B0080 100% CHARTER LAND SERVICES LTD. 631,650.88 517.84 B0081 100% MSL LAND SERVICES (90) LTD. 77,780.48 303.83 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 753,344.96 6,143.0720 122.63 NORTHERN 2,773,347.05 19,712.0000 140.69 FOOTHILL 1,288,627.05 2,695.5600 478.06 -------- ------------- ------------ ---------- TOTAL : 4,815,319.06 28,550.6320 168.66 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 4,116,726.62 28,450.8000 144.70 NORTHERN 8,071,740.63 38,336.0000 210.55 FOOTHILL 1,505,940.33 4,231.5600 355.88 -------- ------------- ------------ ---------- TOTAL : 13,694,407.58 71,018.3600 192.83