Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,186,121.10 26,063.5600 122.24 NORTHERN 4,048,131.89 12,611.8600 320.98 FOOTHILL 0.00 0.0000 NIL -------- ------------- ------------ ---------- TOTAL : 7,234,252.99 38,675.4200 187.05 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 392,708.37 2,697.4800 145.58 NORTHERN 2,810,135.36 21,978.7400 127.86 FOOTHILL 1,790,781.44 6,400.0000 279.81 -------- ------------- ------------ ---------- TOTAL : 4,993,625.17 31,076.2200 160.69 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,578,829.47 28,761.0400 124.43 NORTHERN 6,858,267.25 34,590.6000 198.27 FOOTHILL 1,790,781.44 6,400.0000 279.81 -------- ------------- ------------ ---------- TOTAL : 12,227,878.16 69,751.6400 175.31 Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0001 100% CANADIAN LANDMASTERS RESOURCE SERVICES 66,883.00 261.26 LTD A0002 No Offers A0003 No Offers A0004 100% CRESTAR ENERGY INC 8,156.16 31.86 A0005 100% CANADIAN NATURAL RESOURCES LIMITED 3,468.80 13.55 A0006 100% CANADIAN LANDMASTERS RESOURCE SERVICES 1,682.00 6.57 LTD A0007 100% CANADIAN LANDMASTERS RESOURCE SERVICES 1,682.00 6.57 LTD A0008 100% BELLATOR EXPLORATION INC 1,218.56 4.76 A0009 100% BELLATOR EXPLORATION INC 1,218.56 4.76 A0010 50% CARAVAN OIL & GAS LTD. 31,998.00 124.99 50% MARKEDON ENERGY LTD. A0011 100% CARAVAN OIL & GAS LTD. 4,297.00 67.14 A0012 No Offers A0013 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,979.84 2.91 30% FIREFLY RESOURCES LTD A0014 100% ENCOUNTER ENERGY INC. 40,717.00 318.10 A0015 100% SWISS INVESTMENTS INC. 5,429.00 21.21 A0016 100% BONAVISTA PETROLEUM LTD. 16,590.00 350.00 A0017 100% FIRSTLAND ENERGY LIMITED 1,621.00 6.33 A0018 100% STANDARD LAND COMPANY INC. 21,888.00 85.50 A0019 100% STANDARD LAND COMPANY INC. 47,488.00 185.50 A0020 100% ENCOUNTER ENERGY INC. 13,696.00 107.00 A0021 100% ROZSA PETROLEUM LTD 39,557.12 309.04 A0022 100% MEDICINE HAT, CITY OF 6,784.00 53.00 A0023 100% MEDICINE HAT, CITY OF 14,080.00 110.00 A0024 100% MEDICINE HAT, CITY OF 455.00 132.27 A0025 100% INTERNATIONAL GRYPHON RESOURCES INC 30,604.00 119.55 A0026 50% GLENBRIAR DEVELOPMENTS LTD. 17,776.00 277.75 50% BRIDGETOWN ENERGY CORPORATION A0027 50% MERIT ENERGY LTD. 78,789.12 307.77 50% ATLAS ENERGY LTD. A0028 100% SWISS INVESTMENTS INC. 2,001.00 31.27 A0029 100% SWISS INVESTMENTS INC. 2,001.00 31.27 A0030 100% SWISS INVESTMENTS INC. 2,001.00 31.27 A0031 33.334% BLAZE ENERGY LTD. 61,444.44 240.02 33.333% CANYON OIL & GAS CORPORATION 33.333% DETECTOR EXPLORATION LTD A0032 100% RENAISSANCE ENERGY LTD. 13,168.00 51.44 A0033 100% MORAINE RESOURCES LTD 1,839.96 9.58 A0034 100% STANDARD LAND COMPANY INC. 66,176.00 258.50 A0035 100% CYPRESS ENERGY INC. 25,604.00 100.02 A0036 100% CYPRESS ENERGY INC. 8,276.00 129.31 A0037 100% SCOTT LAND & LEASE LTD 20,992.00 328.00 A0038 100% CASHEL RESOURCES INC. 18,639.36 72.81 A0039 100% RENAISSANCE ENERGY LTD. 6,827.00 26.67 A0040 100% SCOTT LAND & LEASE LTD 72,448.00 283.00 A0041 100% TRAFINA ENERGY LTD 2,048.00 8.00 Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0042 100% MERIT ENERGY LTD. 14,430.72 56.37 A0043 100% MERIT ENERGY LTD. 7,215.36 56.37 A0044 100% MERIT ENERGY LTD. 2,756.48 43.07 A0045 100% HUSKY OIL OPERATIONS LIMITED 17,668.00 151.27 A0046 100% HUSKY OIL OPERATIONS LIMITED 2,573.00 85.77 A0047 60% CARAVAN OIL & GAS LTD. 14,718.00 57.49 20% STOCKWORK PROPERTIES LTD 20% CARP ENERGY LTD. A0048 60% CARAVAN OIL & GAS LTD. 4,104.00 16.03 20% STOCKWORK PROPERTIES LTD 20% CARP ENERGY LTD. A0049 60% CARAVAN OIL & GAS LTD. 6,398.00 24.99 20% STOCKWORK PROPERTIES LTD 20% CARP ENERGY LTD. A0050 60% CARAVAN OIL & GAS LTD. 31,998.00 124.99 20% STOCKWORK PROPERTIES LTD 20% CARP ENERGY LTD. A0051 100% SPIRE ENERGY LTD 3,934.72 15.37 A0052 70% HANNA OIL AND GAS COMPANY - CANADA, INC 744.96 2.91 30% FIREFLY RESOURCES LTD A0053 50% BARNWELL OF CANADA, LIMITED 128,924.00 503.61 50% CARAVAN OIL & GAS LTD. A0054 100% MAXWELL OIL & GAS LTD. 376.00 5.88 A0055 100% OMERS RESOURCES LIMITED 41,415.68 161.78 A0056 100% MERIDIAN LAND SERVICES (90) LTD 6,400.00 25.00 A0057 100% MERIDIAN LAND SERVICES (90) LTD 5,248.00 41.00 A0058 100% OMERS RESOURCES LIMITED 60,843.52 237.67 A0059 100% NUMAC ENERGY INC. 10,486.53 65.59 A0060 100% NUMAC ENERGY INC. 12,891.71 65.60 A0061 100% 790049 ALBERTA INC. 21,931.83 85.67 A0062 100% 790049 ALBERTA INC. 21,931.83 85.67 A0063 100% 790049 ALBERTA INC. 21,931.83 85.67 A0064 100% NUMAC ENERGY INC. 5,461.25 65.64 A0065 100% NUMAC ENERGY INC. 9,605.91 65.65 A0066 100% 790049 ALBERTA INC. 21,931.83 85.67 A0067 100% 790049 ALBERTA INC. 21,931.83 85.67 A0068 100% 790049 ALBERTA INC. 21,931.83 85.67 A0069 100% 790049 ALBERTA INC. 22,603.83 353.18 A0070 100% 790049 ALBERTA INC. 21,931.83 85.67 A0071 100% 790049 ALBERTA INC. 21,931.83 85.67 A0072 100% 790049 ALBERTA INC. 21,931.83 85.67 A0073 100% TRAFINA ENERGY LTD 768.00 6.00 A0074 70% HANNA OIL AND GAS COMPANY - CANADA, INC 1,076.48 8.41 30% FIREFLY RESOURCES LTD A0075 100% AVALANCHE ENERGY LIMITED 46,336.00 181.00 A0076 100% FOUNDERS ENERGY LTD. 133,888.00 523.00 A0077 100% AVALANCHE ENERGY LIMITED 20,608.00 161.00 A0078 100% AVALANCHE ENERGY LIMITED 9,600.00 75.00 A0079 100% PENN WEST PETROLEUM LTD 11,338.24 44.29 A0080 100% SHENANDOAH RESOURCES LTD. 33,604.00 131.27 A0081 100% SHENANDOAH RESOURCES LTD. 28,604.00 111.73 A0082 100% SHENANDOAH RESOURCES LTD. 52,604.00 205.48 Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0083 100% SHENANDOAH RESOURCES LTD. 46,604.00 182.05 A0084 100% FOUR WEST LAND CONSULTANTS LTD 61,790.72 241.37 A0085 100% NORTHSTAR ENERGY CORPORATION 33,013.76 128.96 A0086 100% VELVET EXPLORATION LTD. 64,998.40 253.90 A0087 100% CRESTAR ENERGY INC 111,889.92 437.07 A0088 100% CRESTAR ENERGY INC 109,491.20 427.70 A0089 100% CANADIAN LANDMASTERS RESOURCE SERVICES 56,872.96 222.16 LTD A0090 100% CANADIAN LANDMASTERS RESOURCE SERVICES 20,062.72 78.37 LTD A0091 100% WESTERN LAND SERVICES CO. LTD. 24,422.22 95.40 A0092 100% ZARGON OIL & GAS LTD 47,246.00 184.55 A0093 100% CANADIAN LANDMASTERS RESOURCE SERVICES 57,771.52 225.67 LTD A0094 100% CANADIAN LANDMASTERS RESOURCE SERVICES 57,118.72 223.12 LTD A0095 100% SCOTT LAND & LEASE LTD 61,288.11 239.41 A0096 100% CANADIAN LANDMASTERS RESOURCE SERVICES 20,055.04 78.34 LTD A0097 100% WESTERN LAND SERVICES CO. LTD. 48,352.03 188.88 A0098 100% MAVERICK LAND CONSULTANTS (87) INC 84,519.00 330.15 A0099 100% MAVERICK LAND CONSULTANTS (87) INC 84,519.00 330.15 A0100 50% GREEN MAPLE ENERGY INC. 34,798.00 135.93 50% PEGAZ ENERGY INC. A0101 100% TIER ONE ENERGY CORP. 19,604.00 76.58 A0102 100% OGY PETROLEUMS LTD 19,356.16 75.61 A0103 50% GREEN MAPLE ENERGY INC. 7,378.00 28.82 50% PEGAZ ENERGY INC. A0104 100% ANDERSON RESOURCES LTD. 13,175.04 205.86 A0105 100% ANDERSON OIL & GAS INC. 32,968.96 257.57 A0106 100% FIRSTLAND ENERGY LIMITED 51,480.00 201.09 A0107 100% OGY PETROLEUMS LTD 38,556.16 150.61 A0108 100% POCO PETROLEUMS LTD. 16,030.72 62.62 A0109 100% CANMAX PROPERTIES LTD. 9,013.76 35.21 A0110 100% CANMAX PROPERTIES LTD. 28,293.12 110.52 A0111 100% TOREX RESOURCES INC. 1,292.80 5.05 A0112 100% TOREX RESOURCES INC. 39,109.12 152.77 A0113 100% MERIDIAN LAND SERVICES (90) LTD 3,526.72 55.11 A0114 100% TOREX RESOURCES INC. 35,269.12 137.77 A0115 100% MERIDIAN LAND SERVICES (90) LTD 14,112.72 55.13 A0116 100% MERIDIAN LAND SERVICES (90) LTD 7,056.72 55.13 A0117 100% TOREX RESOURCES INC. 14,789.12 57.77 A0118 100% PETRO-REEF RESOURCES LTD 50,567.15 395.06 A0119 100% CANADIAN NATURAL RESOURCES LIMITED 8,665.60 33.85 A0120 100% CANADIAN NATURAL RESOURCES LIMITED 18,342.40 71.65 A0121 100% CANADIAN NATURAL RESOURCES LIMITED 3,059.20 11.95 A0122 100% GREY WOLF EXPLORATION INC. 17,922.41 70.01 A0123 100% ISH ENERGY LTD 2,604.00 10.17 ** NORTHERN ** A0124 66.67% NUMAC ENERGY INC. 101,199.36 1,581.24 33.33% CRESTAR ENERGY Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0125 100% BRITT RESOURCES LTD 145,648.64 568.94 A0126 100% STANDARD LAND COMPANY INC. 273,840.64 1,069.69 A0127 100% SCOTT LAND & LEASE LTD 160,340.48 626.33 A0128 100% POCO PETROLEUMS LTD. 41,219.00 161.01 A0129 100% POCO PETROLEUMS LTD. 14,001.00 54.69 A0130 100% POCO PETROLEUMS LTD. 14,001.00 54.69 A0131 100% PIONEER LAND SERVICES LTD 188,894.72 737.87 A0132 100% KENSINGTON ENERGY LTD. 30,512.00 476.75 A0133 100% CHARTER LAND SERVICES LTD. 106,467.84 415.89 A0134 100% SASKATOON ASSETS INC 112,125.44 437.99 A0135 100% CANADIAN LANDMASTERS RESOURCE SERVICES 88,312.32 344.97 LTD A0136 100% CHARTER LAND SERVICES LTD. 9,758.72 38.12 A0137 100% CHARTER LAND SERVICES LTD. 4,879.36 38.12 A0138 100% CHARTER LAND SERVICES LTD. 9,758.72 38.12 A0139 100% POCO PETROLEUMS LTD. 65,256.96 254.91 A0140 100% POCO PETROLEUMS LTD. 65,256.96 254.91 A0141 100% ZAPATA ENERGY CORPORATION 3,552.00 27.75 A0142 100% PIONEER LAND SERVICES LTD 104,384.00 407.75 A0143 100% REGENT LAND SERVICES LTD 237,084.16 926.11 A0144 100% CANADA WEST LAND SERVICES LTD. 259,847.68 1,015.03 A0145 100% ANDERSON RESOURCES LTD. 260,085.76 1,015.96 A0146 100% PIONEER LAND SERVICES LTD 152,158.72 594.37 A0147 100% PARAMOUNT RESOURCES LTD. 156,788.00 612.45 A0148 100% PIONEER LAND SERVICES LTD 8,865.28 34.63 A0149 100% SCOTT LAND & LEASE LTD 187,622.40 366.45 A0150 100% DELEK RESOURCES LTD. 1,604.00 6.27 A0151 100% SCOTT LAND & LEASE LTD 84,449.28 439.84 A0152 100% COMPTON PETROLEUM CORPORATION 37,376.00 73.00 A0153 50% COMPTON PETROLEUM CORPORATION 201,413.12 786.77 50% BIG HORN RESOURCES LTD. A0154 100% AEC OIL & GAS CO. LTD. 88,038.40 343.90 A0155 100% BRISTOL LAND & LEASING LTD. 115,934.72 452.87 A0156 100% ALBERTA LAND & LEASE LTD. 91,648.00 358.00 A0157 100% COMPTON PETROLEUM CORPORATION 30,720.00 120.00 A0158 100% BENCHMARK LAND & MINERAL COMPANY LTD 90,752.00 709.00 A0159 100% CAVALIER LAND LTD 21,189.12 82.77 A0160 100% CAVALIER LAND LTD 85,189.12 332.77 A0161 100% FIRSTLAND ENERGY LIMITED 1,579.00 12.34 A0162 100% SCOTT LAND & LEASE LTD 16,343.04 63.84 A0163 100% ANTELOPE LAND SERVICES LTD 20,788.00 81.20 A0164 100% COASTAL RESOURCES LIMITED 78,592.00 307.00 A0165 100% ANTELOPE LAND SERVICES LTD 132,167.68 258.14 A0166 100% SCOTT LAND & LEASE LTD 32,765.44 127.99 A0167 100% CANADIAN NATURAL RESOURCES LIMITED 9,024.00 35.25 A0168 100% CANADIAN NATURAL RESOURCES LIMITED 9,024.00 35.25 Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0169 100% SCOTT LAND & LEASE LTD 16,103.55 37.88 A0170 100% HAWK OIL INC. 32,768.00 128.00 A0171 100% HAWK OIL INC. 32,768.00 128.00 A0172 86.9565% PIONEER NATURAL RESOURCES CANADA INC. 4,032.00 31.50 13.0435% TRIUMPH ENERGY CORPORATION A0173 100% STANDARD LAND COMPANY INC. 12,002.26 54.87 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,186,121.10 26,063.5600 122.24 NORTHERN 4,048,131.89 12,611.8600 320.98 FOOTHILL 0.00 0.0000 NIL -------- ------------- ------------ ---------- TOTAL : 7,234,252.99 38,675.4200 187.05 Petroleum & Natural Gas Sales Results For AUGUST 11, 1999 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0001 50% ZORIN EXPLORATION LTD. 2,420.00 1.89 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 50% BIRCHILL RESOURCES LIMITED 160,235.44 212.12 50% GLACIER RIDGE RESOURCES LTD. B0003 50% BIRCHILL RESOURCES LIMITED 230,052.93 347.47 50% GLACIER RIDGE RESOURCES LTD. ** NORTHERN ** B0004 100% PANCANADIAN PETROLEUM LIMITED 163,069.44 212.33 B0005 100% PANCANADIAN PETROLEUM LIMITED 91,033.60 88.90 B0006 100% PANCANADIAN PETROLEUM LIMITED 4,044.80 7.90 B0007 100% POCO PETROLEUMS LTD. 137,797.00 134.57 B0008 50% APACHE CANADA LTD. 257,808.00 335.69 50% TRIUMPH ENERGY CORPORATION B0009 100% CANADIAN COASTAL RESOURCES LTD 33,940.48 37.88 B0010 100% TRIUMPH ENERGY CORPORATION 35,259.00 137.73 B0011 100% CANADIAN LANDMASTERS RESOURCE SERVICES 103,424.00 101.00 LTD B0012 100% FOUR WEST LAND CONSULTANTS LTD 186,773.76 162.13 B0013 100% MCNALLY LAND SERVICES LTD 60,298.24 117.77 B0014 100% SCOTT LAND & LEASE LTD 163,215.36 212.52 B0015 100% ANTELOPE LAND SERVICES LTD 36,341.76 23.66 B0016 100% APACHE CANADA LTD. 237,451.00 309.18 B0017 100% AGADIR RESOURCES INC 173,436.00 75.28 B0018 100% BONAVISTA PETROLEUM LTD. 94,208.00 46.00 B0019 100% SCOTT LAND & LEASE LTD 485,003.87 1,021.62 B0020 100% JOLI FOU PETROLEUMS LTD. 340,285.45 110.77 B0021 100% CANADIAN COASTAL RESOURCES LTD 206,745.60 67.30 ** FOOTHILLS ** B0022 100% MILLPORT HYDROCARBONS INC 11,970.56 11.69 B0023 100% CANADIAN COASTAL RESOURCES LTD 1,778,810.88 330.88 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 392,708.37 2,697.4800 145.58 NORTHERN 2,810,135.36 21,978.7400 127.86 FOOTHILL 1,790,781.44 6,400.0000 279.81 -------- ------------- ------------ ---------- TOTAL : 4,993,625.17 31,076.2200 160.69 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 3,578,829.47 28,761.0400 124.43 NORTHERN 6,858,267.25 34,590.6000 198.27 FOOTHILL 1,790,781.44 6,400.0000 279.81 -------- ------------- ------------ ---------- TOTAL : 12,227,878.16 69,751.6400 175.31 &l2A&l6D