**** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 8,374,794.84 33,556.8000 249.57 NORTHERN 13,152,697.21 35,520.0000 370.29 FOOTHILL 61,386.24 1,536.0000 39.97 -------- ------------- ------------ ---------- TOTAL : 21,588,878.29 70,612.8000 305.74 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 0.00 0.0000 NIL NORTHERN 16,418,591.66 53,484.2000 306.98 FOOTHILL 609,947.55 2,048.0000 297.83 -------- ------------- ------------ ---------- TOTAL : 17,028,539.21 55,532.2000 306.64 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 8,374,794.84 33,556.8000 249.57 NORTHERN 29,571,288.87 89,004.2000 332.25 FOOTHILL 671,333.79 3,584.0000 187.31 -------- ------------- ------------ ---------- TOTAL : 38,617,417.50 126,145.0000 306.14 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0001 100% KETCH ENERGY LTD 5,788.16 22.61 A0002 100% KETCH ENERGY LTD 10,851.84 42.39 A0003 100% KETCH ENERGY LTD 10,851.84 42.39 A0004 100% KETCH ENERGY LTD 5,788.16 22.61 A0005 100% PANCANADIAN PETROLEUM LIMITED 1,443.84 22.56 A0006 100% WESTERN LAND SERVICES CO. LTD. 9,104.00 35.56 A0007 100% KEYWEST ENERGY CORPORATION 8,386.56 32.76 A0008 100% KEYWEST ENERGY CORPORATION 11,845.12 46.27 A0009 100% PANCANADIAN PETROLEUM LIMITED 27,804.16 108.61 A0010 100% KEYWEST ENERGY CORPORATION 106,155.36 2,211.57 A0011 100% KEYWEST ENERGY CORPORATION 26,532.28 103.64 A0012 100% KEYWEST ENERGY CORPORATION 26,532.28 103.64 A0013 100% KEYWEST ENERGY CORPORATION 75,765.76 295.96 A0014 100% KEYWEST ENERGY CORPORATION 75,765.76 295.96 A0015 100% KEYWEST ENERGY CORPORATION 75,765.76 295.96 A0016 50% NYCAN ENERGY CORP. 45,404.00 177.36 50% DIAZ RESOURCES LTD. A0017 100% KEYWEST ENERGY CORPORATION 27,256.32 106.47 A0018 100% BRITT RESOURCES LTD 91,000.32 355.47 A0019 100% BRITT RESOURCES LTD 45,498.88 177.73 A0020 100% BRITT RESOURCES LTD 65,000.96 253.91 A0021 100% BILMAC RESOURCES LTD. 12,160.00 190.00 A0022 100% BILMAC RESOURCES LTD. 15,968.00 249.50 A0023 50% NYCAN ENERGY CORP. 1,676.00 26.19 50% DIAZ RESOURCES LTD. A0024 100% C.C.C. MANAGEMENT LTD. 5,603.20 87.55 A0025 50% NYCAN ENERGY CORP. 22,852.00 178.53 50% DIAZ RESOURCES LTD. A0026 90% VIRACOCHA ENERGY INC 71,419.80 278.98 10% 696230 ALBERTA INC. A0027 100% C.C.C. MANAGEMENT LTD. 22,131.20 86.45 A0028 50% NYCAN ENERGY CORP. 77,404.00 302.36 50% DIAZ RESOURCES LTD. A0029 50% NYCAN ENERGY CORP. 6,904.00 26.97 50% DIAZ RESOURCES LTD. A0030 50% NYCAN ENERGY CORP. 77,404.00 302.36 50% DIAZ RESOURCES LTD. A0031 100% C.C.C. MANAGEMENT LTD. 22,412.80 87.55 A0032 50% NYCAN ENERGY CORP. 43,396.00 301.36 50% DIAZ RESOURCES LTD. A0033 50% NYCAN ENERGY CORP. 3,796.00 26.36 50% DIAZ RESOURCES LTD. A0034 100% ACANTHUS RESOURCES LTD. 10,808.00 42.22 A0035 50% NYCAN ENERGY CORP. 77,404.00 302.36 50% DIAZ RESOURCES LTD. A0036 50% NYCAN ENERGY CORP. 6,904.00 26.97 50% DIAZ RESOURCES LTD. A0037 100% RICHLAND PETROLEUM CORPORATION 6,839.04 106.86 A0038 100% CAVALIER LAND LTD 5,369.00 83.89 A0039 100% WRITERS OIL & GAS LIMITED 6,477.44 101.21 A0040 100% WRITERS OIL & GAS LIMITED 12,493.44 195.21 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0041 100% NEW CENTURY PETROLEUM CORPORATION 34,489.60 538.90 A0042 100% SCOTT LAND & LEASE LTD 263,137.28 1,027.88 A0043 100% ACANTHUS RESOURCES LTD. 84,193.00 328.88 A0044 100% MERIDIAN LAND SERVICES (90) LTD 40,250.88 157.23 A0045 100% REAL RESOURCES INC. 13,611.52 53.17 A0046 100% REAL RESOURCES INC. 11,041.28 43.13 A0047 100% ATLAS ENERGY LTD. 20,848.64 81.44 A0048 100% POST ENERGY CORPORATION 117,000.00 457.03 A0049 100% WESTERN LAND SERVICES CO. LTD. 115,660.80 451.80 A0050 100% WESTERN LAND SERVICES CO. LTD. 107,520.00 420.00 A0051 100% BRISTOL LAND & LEASING LTD. 811,015.68 3,168.03 A0052 100% ATLAS ENERGY LTD. 22,755.84 88.89 A0053 100% WILD ROSE LAND SERVICES LTD. 108,369.92 423.32 A0054 100% WILD ROSE LAND SERVICES LTD. 108,369.92 423.32 A0055 100% STANDARD LAND COMPANY INC. 110,589.44 431.99 A0056 100% O & G RESOURCE GROUP LTD. 110,589.44 431.99 A0057 100% STANDARD LAND COMPANY INC. 68,121.60 266.10 A0058 100% CYPRESS ENERGY INC. 78,604.00 307.05 A0059 100% STANDARD LAND COMPANY INC. 68,121.60 266.10 A0060 100% STANDARD LAND COMPANY INC. 68,121.60 266.10 A0061 100% STANDARD LAND COMPANY INC. 68,121.60 266.10 A0062 100% SANDSTONE LAND & MINERAL COMPANY LTD. 57,059.84 222.89 A0063 100% TIVERTON PETROLEUMS LTD. 46,080.00 180.00 A0064 50% PANCANADIAN RESOURCES 52,992.00 207.00 50% SEVENTH ENERGY LTD. A0065 100% BRITT RESOURCES LTD 1,484.80 5.80 A0066 100% CONSTAR RESOURCES LTD. 13,603.84 53.14 A0067 100% GULF CANADA RESOURCES LIMITED 27,594.24 107.79 A0068 100% MAVERICK LAND CONSULTANTS (87) INC 28,833.28 112.63 A0069 100% PROMAX ENERGY INC. 57,377.28 224.13 A0070 100% PROMAX ENERGY INC. 24,327.68 95.03 A0071 60% DELTA RESOURCES INC. 116,604.00 455.48 40% STRIDE ENERGY LTD. A0072 100% BONAVISTA PETROLEUM LTD. 47,769.60 186.60 A0073 100% BONAVISTA PETROLEUM LTD. 27,532.80 107.55 A0074 100% PROMAX ENERGY INC. 60,480.00 236.25 A0075 100% BONAVISTA PETROLEUM LTD. 9,344.00 36.50 A0076 100% PROMAX ENERGY INC. 11,599.36 45.31 A0077 100% BRITT RESOURCES LTD 141,775.36 553.81 A0078 100% WESTERN LAND SERVICES CO. LTD. 119,470.06 466.68 A0079 100% BRISTOL LAND & LEASING LTD. 207,751.68 811.53 A0080 100% WESTERN LAND SERVICES CO. LTD. 142,220.80 555.55 A0081 100% WESTERN LAND SERVICES CO. LTD. 109,276.16 426.86 A0082 100% WESTERN LAND SERVICES CO. LTD. 119,470.08 466.68 A0083 100% PLAYER RESOURCES LTD 36,247.04 141.59 A0084 100% VELVET EXPLORATION LTD. 110,880.00 2,310.00 A0085 100% LIBERTY OIL & GAS LTD. 159,674.88 623.73 A0086 100% ACANTHUS RESOURCES LTD. 32,665.00 127.60 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0087 100% ACANTHUS RESOURCES LTD. 32,665.00 127.60 A0088 100% CANADIAN NATURAL RESOURCES LIMITED 20,697.60 80.85 A0089 100% CANADIAN NATURAL RESOURCES LIMITED 34,649.60 135.35 A0090 100% CANADIAN NATURAL RESOURCES LIMITED 34,649.60 135.35 A0091 100% LIBERTY OIL & GAS LTD. 14,666.24 57.29 A0092 100% COASTAL RESOURCES LIMITED 15,000.00 58.59 A0093 100% LIBERTY OIL & GAS LTD. 14,666.24 57.29 A0094 100% COASTAL RESOURCES LIMITED 21,000.00 82.03 A0095 100% GULF CANADA RESOURCES LIMITED 32,824.32 512.88 A0096 80% STONE PETROLEUMS LTD 650.00 2.54 20% SUPERNOVA RESOURCES LTD. A0097 100% MERIDIAN LAND SERVICES (90) LTD 16,111.36 125.87 A0098 70% HANNA OIL AND GAS COMPANY - CANADA, INC 509.44 3.98 30% FIREFLY RESOURCES LTD A0099 100% FOUR WEST LAND CONSULTANTS LTD 13,355.52 139.12 A0100 100% FOUR WEST LAND CONSULTANTS LTD 36,019.20 140.70 A0101 100% STANDARD LAND COMPANY INC. 145,121.28 566.88 A0102 100% FOUR WEST LAND CONSULTANTS LTD 36,096.00 141.00 A0103 100% PIONEER LAND SERVICES LTD 15,253.12 238.33 A0104 100% REAL RESOURCES INC. 45,391.36 177.31 A0105 100% FOUR WEST LAND CONSULTANTS LTD 35,215.36 137.56 A0106 100% FLETCHER CHALLENGE OIL AND GAS INC. 11,486.72 44.87 A0107 100% FLETCHER CHALLENGE OIL AND GAS INC. 11,486.72 44.87 A0108 100% FLETCHER CHALLENGE OIL AND GAS INC. 16,348.80 255.45 A0109 100% ANDERSON RESOURCES LTD. 66,008.32 515.69 A0110 100% SCOTT LAND & LEASE LTD 26,974.72 105.37 A0111 100% MAVERICK LAND CONSULTANTS (87) INC 133,419.52 521.17 A0112 100% ANTELOPE LAND SERVICES LTD 182,005.76 710.96 A0113 100% SAMSON CANADA, LTD. 67,553.28 263.88 A0114 100% WINDFALL RESOURCES LTD 7,604.00 29.70 A0115 100% SCOTT LAND & LEASE LTD 39,604.00 154.70 A0116 100% STORM ENERGY INC. 23,808.00 93.00 A0117 100% PETROLAND SERVICES (1986) LTD 40,360.96 157.66 A0118 100% PETROLAND SERVICES (1986) LTD 40,417.28 157.88 A0119 100% CANADIAN COASTAL RESOURCES LTD 154,368.00 201.00 A0120 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD 109,025.28 425.88 A0121 100% CAVALIER LAND LTD 28,643.84 111.89 A0122 100% MAVERICK LAND CONSULTANTS (87) INC 59,898.88 233.98 A0123 100% CAVALIER LAND LTD 28,643.84 111.89 A0124 51.72% TALISMAN ENERGY INC. 41,604.00 162.52 48.28% OGY PETROLEUMS LTD A0125 100% MCNALLY LAND SERVICES LTD 42,081.28 164.38 A0126 100% THE SOO LINE RESOURCE GROUP LTD. 12,604.00 49.23 A0127 100% CANADIAN HUNTER EXPLORATION LTD 92,702.72 362.12 A0128 100% THE SOO LINE RESOURCE GROUP LTD. 45,331.00 177.07 A0129 100% BAYTEX ENERGY LTD. 1,144.00 35.75 A0130 100% MUTINY OIL & GAS LTD. 497.28 7.77 A0131 80% STONE PETROLEUMS LTD 4,720.00 18.44 20% SUPERNOVA RESOURCES LTD. Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0132 100% CHARTER LAND SERVICES LTD. 20,139.20 812.06 A0133 100% CANADIAN LANDMASTERS RESOURCE SERVICES 16,520.38 590.01 LTD A0134 100% SCOTT LAND & LEASE LTD 211,782.15 827.27 A0135 100% ANTELOPE LAND SERVICES LTD 54,396.00 212.48 A0136 100% ANTELOPE LAND SERVICES LTD 61,877.00 241.71 A0137 100% SOUTHWARD ENERGY LTD 29,392.56 114.81 A0138 100% CANADIAN LANDMASTERS RESOURCE SERVICES 122,497.00 478.50 LTD A0139 100% SOUTHWARD ENERGY LTD 29,821.00 116.49 A0140 100% PETROLAND SERVICES (1986) LTD 52,480.00 410.00 A0141 100% CAVALIER LAND LTD 7,104.00 111.00 A0142 100% CAVALIER LAND LTD 7,104.00 111.00 A0143 100% CANADIAN LANDMASTERS RESOURCE SERVICES 8,399.17 131.24 LTD A0144 100% STOCKWORK PROPERTIES LTD 5,538.00 173.06 A0145 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD 61,150.72 238.87 A0146 100% SCOTT LAND & LEASE LTD 33,104.00 129.31 A0147 100% ALBERTA LAND & LEASE LTD. 21,216.00 110.50 A0148 100% SCOTT LAND & LEASE LTD 184,627.20 721.20 A0149 100% ANTELOPE LAND SERVICES LTD 68,198.40 266.40 A0150 100% BELAIR ENERGY CORPORATION 32,424.96 126.66 A0151 100% BELAIR ENERGY CORPORATION 32,424.96 126.66 A0152 100% REGENT LAND SERVICES LTD 7,104.00 111.00 ** NORTHERN ** A0153 100% PROPHET PETROLEUMS LTD 10,329.00 80.70 A0154 100% ZAPATA ENERGY CORPORATION 145,986.00 570.26 A0155 100% PETROLAND SERVICES (1986) LTD 310,044.16 1,211.11 A0156 100% NORTHROCK RESOURCES LTD. 51,458.56 402.02 A0157 100% PETROLAND SERVICES (1986) LTD 46,932.48 366.66 A0158 100% ALBERTA LAND & LEASE LTD. 202,565.12 791.27 A0159 100% CANADIAN COASTAL RESOURCES LTD 128,688.64 502.69 A0160 100% WESTERN LAND SERVICES CO. LTD. 167,304.00 653.53 A0161 100% WESTERN LAND SERVICES CO. LTD. 273,346.56 1,067.76 A0162 100% BURLINGTON RESOURCES CANADA ENERGY LTD 91,031.04 711.18 A0163 100% CAVALIER LAND LTD 411,481.60 1,607.35 A0164 100% PIONEER LAND SERVICES LTD 194,393.60 759.35 A0165 100% PIONEER LAND SERVICES LTD 116,640.00 607.50 A0166 100% BENCHMARK LAND & MINERAL COMPANY LTD 327,626.24 1,279.79 A0167 100% TOM BROWN RESOURCES LTD. 200,748.80 1,045.57 A0168 100% FOUR WEST LAND CONSULTANTS LTD 17,356.80 67.80 A0169 100% CANSCOT RESOURCES LTD. 15,227.00 237.92 A0170 100% BURLINGTON RESOURCES CANADA ENERGY LTD 101,160.96 395.16 A0171 100% O & G RESOURCE GROUP LTD. 60,047.36 234.56 A0172 100% TOM BROWN RESOURCES LTD. 40,104.96 156.66 A0173 100% BURLINGTON RESOURCES CANADA ENERGY LTD 183,964.16 718.61 A0174 100% BURLINGTON RESOURCES CANADA ENERGY LTD 183,964.16 718.61 A0175 100% VERMILION RESOURCES LTD 51,498.24 402.33 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0176 100% PETROLAND SERVICES (1986) LTD 32,288.00 252.25 A0177 100% STANDARD LAND COMPANY INC. 168,632.58 658.72 A0178 100% JUDELLE RESOURCES INC 124,103.68 484.78 A0179 100% CALPINE CANADA TRIGAS LTD. 7,536.64 58.88 A0180 100% PARAMOUNT RESOURCES LTD. 142,297.60 555.85 A0181 100% MERIDIAN LAND SERVICES (90) LTD 313,175.04 1,223.34 A0182 100% TALISMAN ENERGY INC. 15,093.76 58.96 A0183 100% WESTERN LAND SERVICES CO. LTD. 106,776.00 1,668.38 A0184 100% MAVERICK LAND CONSULTANTS (87) INC 93,137.92 363.82 A0185 100% COASTAL RESOURCES LIMITED 221,000.00 863.28 A0186 100% MERIDIAN LAND SERVICES (90) LTD 80,977.92 316.32 A0187 100% MERIDIAN LAND SERVICES (90) LTD 107,778.56 421.01 A0188 66.67% PROGRESS ENERGY LTD. 94,976.00 371.00 33.33% CANSCOT RESOURCES LTD. A0189 100% TALISMAN ENERGY INC. 96,739.84 377.89 A0190 100% TALISMAN ENERGY INC. 40,419.84 157.89 A0191 70% TAURUS EXPLORATION CANADA LTD 56,883.20 222.20 30% TAURUS EXPLORATION LTD. A0192 100% WESTERN LAND SERVICES CO. LTD. 57,169.92 111.66 A0193 100% PETROLAND SERVICES (1986) LTD 28,584.96 111.66 A0194 100% CANADIAN LANDMASTERS RESOURCE SERVICES 328,609.28 1,283.63 LTD A0195 100% WESTERN LAND SERVICES CO. LTD. 28,584.96 111.66 A0196 100% TALISMAN ENERGY INC. 100,579.84 392.89 A0197 100% BRITT RESOURCES LTD 61,409.28 239.88 A0198 100% TALISMAN ENERGY INC. 50,403.84 196.89 A0199 100% TALISMAN ENERGY INC. 120,291.84 469.89 A0200 100% MAVERICK LAND CONSULTANTS (87) INC 407,694.72 2,123.41 A0201 100% BELAIR ENERGY CORPORATION 77,480.96 302.66 A0202 100% BELAIR ENERGY CORPORATION 31,121.66 121.57 A0203 100% PARAMOUNT RESOURCES LTD. 583,106.56 2,277.76 A0204 100% BELAIR ENERGY CORPORATION 52,100.65 203.52 A0205 100% TRIUMPH ENERGY CORPORATION 99,812.00 389.89 A0206 60% PARAMOUNT RESOURCES LTD. 91,330.56 356.76 40% TRIUMPH ENERGY CORPORATION A0207 60% PARAMOUNT RESOURCES LTD. 55,777.28 217.88 40% TRIUMPH ENERGY CORPORATION A0208 60% PARAMOUNT RESOURCES LTD. 55,777.28 217.88 40% TRIUMPH ENERGY CORPORATION A0209 100% COASTAL RESOURCES LIMITED 190,000.00 742.19 A0210 100% COASTAL RESOURCES LIMITED 205,000.00 800.78 A0211 100% CANADIAN LANDMASTERS RESOURCE SERVICES 45,114.88 176.23 LTD A0212 100% GASCAN RESOURCES LTD 25,954.56 202.77 A0213 100% SCOTT LAND & LEASE LTD 10,626.56 41.51 A0214 100% SCOTT LAND & LEASE LTD 10,626.56 41.51 A0215 100% CANADIAN NATURAL RESOURCES LIMITED 29,655.04 115.84 A0216 100% CANADIAN NATURAL RESOURCES LIMITED 6,284.80 24.55 A0217 100% CANADIAN NATURAL RESOURCES LIMITED 43,005.44 167.99 A0218 100% SCOTT LAND & LEASE LTD 84,032.00 328.25 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0219 100% TOWNSHIP LAND CO. LTD. 141,376.00 552.25 A0220 100% MCNALLY LAND SERVICES LTD 20,252.16 158.22 A0221 100% STANDARD LAND COMPANY INC. 67,230.72 525.24 A0222 100% WINDFALL RESOURCES LTD 110,519.04 575.62 A0223 100% CAVALIER LAND LTD 10,897.92 85.14 A0224 100% CANADIAN COASTAL RESOURCES LTD 54,207.36 282.33 A0225 100% SANDSTONE LAND & MINERAL COMPANY LTD. 43,680.00 341.25 A0226 100% LITTLE GENERAL RESOURCES LTD 15,718.67 122.80 A0227 100% LITTLE GENERAL RESOURCES LTD 7,609.33 118.90 A0228 100% LITTLE GENERAL RESOURCES LTD 24,276.00 379.31 A0229 100% TOWNSHIP LAND CO. LTD. 85,826.56 335.26 A0230 100% MCNALLY LAND SERVICES LTD 90,173.44 352.24 A0231 100% STANDARD LAND COMPANY INC. 90,173.44 352.24 A0232 100% BXL ENERGY LTD. 37,632.00 147.00 A0233 100% BXL ENERGY LTD. 35,072.00 137.00 A0234 100% SCOTT LAND & LEASE LTD 110,630.40 432.15 A0235 100% CANADIAN NATURAL RESOURCES LIMITED 7,385.60 28.85 A0236 100% NORTHSTAR ENERGY CORPORATION 16,325.12 63.77 A0237 100% NORTHSTAR ENERGY CORPORATION 59,358.72 231.87 A0238 100% KETCH ENERGY LTD 7,326.72 28.62 A0239 100% RICHANN RESOURCES LTD. 2,700.00 42.19 A0240 100% REGENT LAND SERVICES LTD 316,042.24 1,234.54 A0241 100% BIG SKY RESOURCES INC 31,198.72 121.87 A0242 100% ANTELOPE LAND SERVICES LTD 86,753.28 338.88 A0243 100% CAVALIER LAND LTD 120,860.16 472.11 A0244 100% CANADIAN LANDMASTERS RESOURCE SERVICES 337,582.00 1,318.68 LTD A0245 100% CAMPION RESOURCES LTD. 116,564.48 910.66 A0246 50% FORTE ENERGY LTD. 81,042.00 316.57 25% GREY WOLF EXPLORATION INC. 25% CANADIAN ABRAXAS PETROLEUM LIMITED A0247 100% CANADIAN LANDMASTERS RESOURCE SERVICES 337,582.00 1,318.68 LTD A0248 100% MERIDIAN LAND SERVICES (90) LTD 33,018.88 128.98 A0249 100% MERIDIAN LAND SERVICES (90) LTD 43,002.88 167.98 A0250 100% CAVALIER LAND LTD 86,727.68 338.78 A0251 100% CAVALIER LAND LTD 119,802.88 467.98 A0252 100% CAVALIER LAND LTD 41,315.84 161.39 A0253 100% SCOTT LAND & LEASE LTD 90,595.84 353.89 A0254 100% MURPHY OIL COMPANY LTD 177,121.28 691.88 A0255 100% CANADIAN COASTAL RESOURCES LTD 52,067.84 203.39 A0256 100% CANADIAN COASTAL RESOURCES LTD 116,579.84 455.39 A0257 100% MADISON LAND CO. LTD 91,553.28 357.63 A0258 100% CANADIAN LANDMASTERS RESOURCE SERVICES 105,643.52 412.67 LTD A0259 100% NUMAC ENERGY INC. 16,881.92 131.89 A0260 100% NUMAC ENERGY INC. 37,528.32 293.19 A0261 100% WINDFALL RESOURCES LTD 9,049.60 35.35 A0262 100% COMPTON PETROLEUM CORPORATION 28,628.48 111.83 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0263 100% BONAVISTA PETROLEUM LTD. 2,688.00 10.50 A0264 100% BONAVISTA PETROLEUM LTD. 11,232.00 58.50 A0265 100% BONAVISTA PETROLEUM LTD. 24,192.00 126.00 A0266 100% BONAVISTA PETROLEUM LTD. 2,688.00 10.50 A0267 100% BONAVISTA PETROLEUM LTD. 14,284.80 111.60 A0268 100% BONAVISTA PETROLEUM LTD. 24,064.00 376.00 A0269 100% STANDARD LAND COMPANY INC. 122,772.48 479.58 A0270 100% STANDARD LAND COMPANY INC. 13,434.88 52.48 A0271 100% CANADIAN COASTAL RESOURCES LTD 37,498.88 146.48 A0272 100% STANDARD LAND COMPANY INC. 60,823.04 237.59 A0273 100% BONAVISTA PETROLEUM LTD. 42,496.00 166.00 A0274 100% BONAVISTA PETROLEUM LTD. 14,208.00 55.50 A0275 100% PETROLAND SERVICES (1986) LTD 35,450.88 138.48 A0276 100% PETROLAND SERVICES (1986) LTD 35,450.88 138.48 A0277 100% BONAVISTA PETROLEUM LTD. 38,809.60 151.60 A0278 100% CANADIAN COASTAL RESOURCES LTD 22,689.28 88.63 A0279 100% PETROLAND SERVICES (1986) LTD 123,796.48 483.58 A0280 100% NORTHSTAR ENERGY CORPORATION 13,194.24 25.77 A0281 100% NORTHSTAR ENERGY CORPORATION 86,760.96 112.97 A0282 100% GULF CANADA RESOURCES LIMITED 130,677.76 255.23 A0283 100% GULF CANADA RESOURCES LIMITED 20,615.68 80.53 A0284 100% GULF CANADA RESOURCES LIMITED 185,994.24 363.27 A0285 100% CANADIAN COASTAL RESOURCES LTD 5,657.60 22.10 A0286 100% GULF CANADA RESOURCES LIMITED 62,430.72 243.87 A0287 100% CANADIAN COASTAL RESOURCES LTD 5,657.60 22.10 A0288 100% CANADIAN COASTAL RESOURCES LTD 13,721.60 53.60 A0289 100% CANADIAN COASTAL RESOURCES LTD 68,761.60 268.60 A0290 100% CANADIAN COASTAL RESOURCES LTD 58,265.60 227.60 A0291 100% CANADIAN COASTAL RESOURCES LTD 20,121.60 78.60 A0292 100% CANADIAN COASTAL RESOURCES LTD 26,521.60 103.60 A0293 100% CANADIAN COASTAL RESOURCES LTD 8,217.60 32.10 A0294 100% STANDARD LAND COMPANY INC. 19,906.00 311.03 A0295 100% STANDARD LAND COMPANY INC. 19,906.00 311.03 A0296 80% STONE PETROLEUMS LTD 4,770.00 18.63 20% SUPERNOVA RESOURCES LTD. A0297 100% MAVERICK LAND CONSULTANTS (87) INC 42,368.00 662.00 A0298 100% CANADIAN LANDMASTERS RESOURCE SERVICES 24,576.00 128.00 LTD A0299 100% BANCROFT OIL AND GAS LTD 51,456.00 268.00 A0300 100% BANCROFT OIL AND GAS LTD 33,536.00 131.00 A0301 100% CANADIAN LANDMASTERS RESOURCE SERVICES 155,904.00 609.00 LTD A0302 100% BANCROFT OIL AND GAS LTD 32,256.00 126.00 A0303 100% KAM'S SAND COATING LTD. 5,476.00 85.56 ** FOOTHILLS ** A0304 100% ENCAL ENERGY LTD 8,261.12 32.27 A0305 100% WESTERN LAND SERVICES CO. LTD. 2,324.48 9.08 A0306 100% WESTERN LAND SERVICES CO. LTD. 18,342.40 71.65 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 8 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0307 100% WESTERN LAND SERVICES CO. LTD. 18,342.40 71.65 A0308 100% WESTERN LAND SERVICES CO. LTD. 5,678.08 22.18 A0309 100% WESTERN LAND SERVICES CO. LTD. 8,437.76 32.96 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 8,374,794.84 33,556.8000 249.57 NORTHERN 13,152,697.21 35,520.0000 370.29 FOOTHILL 61,386.24 1,536.0000 39.97 -------- ------------- ------------ ---------- TOTAL : 21,588,878.29 70,612.8000 305.74 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 9 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** NORTHERN ** B0001 100% PIONEER LAND SERVICES LTD 441,512.83 1,724.66 B0002 100% CANADIAN LANDMASTERS RESOURCE SERVICES 425,741.87 1,663.05 LTD B0003 100% BRISTOL LAND & LEASING LTD. 227,116.81 887.18 B0004 100% BENSON PETROLEUM LTD. 200,235.52 782.17 B0005 100% TOWNSHIP LAND CO. LTD. 1,135,790.08 2,218.34 B0006 100% SANDSTONE LAND & MINERAL COMPANY LTD. 430,420.48 1,681.33 B0007 100% CANADIAN HUNTER EXPLORATION LTD 90,557.44 176.87 B0008 100% SCOTT LAND & LEASE LTD 579,896.32 2,265.22 B0009 100% TOWNSHIP LAND CO. LTD. 110,909.44 433.24 B0010 100% MCNALLY LAND SERVICES LTD 40,558.08 158.43 B0011 100% BRITT RESOURCES LTD 57,338.88 223.98 B0012 100% WINDFALL RESOURCES LTD 110,960.64 433.44 B0013 100% CAVALIER LAND LTD 83,627.52 326.67 B0014 100% CANADIAN COASTAL RESOURCES LTD 40,535.04 158.34 B0015 100% SANDSTONE LAND & MINERAL COMPANY LTD. 40,535.04 158.34 B0016 100% ANDERSON RESOURCES LTD. 103,649.28 404.88 B0017 100% HORIZON LAND SERVICES LTD 87,767.04 342.84 B0018 100% HORIZON LAND SERVICES LTD 87,767.04 342.84 B0019 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD 142,218.24 277.77 B0020 100% CANADIAN LANDMASTERS RESOURCE SERVICES 96,192.00 125.25 LTD B0021 100% STANDARD LAND COMPANY INC. 66,760.96 74.51 B0022 100% CANADIAN NATURAL RESOURCES LIMITED 18,240.00 71.25 B0023 100% CHARTER LAND SERVICES LTD. 258,805.76 126.37 B0024 100% PIONEER LAND SERVICES LTD 286,720.00 112.00 B0025 100% PIONEER LAND SERVICES LTD 290,560.00 113.50 B0026 100% TOWNSHIP LAND CO. LTD. 112,158.72 438.12 B0027 100% CANADIAN LANDMASTERS RESOURCE SERVICES 231,014.40 225.60 LTD B0028 75% SPEARHEAD RESOURCES INC. 190,297.60 148.67 20% SEGUE ENERGY CORPORATION 5% B & S EXPLORATION LTD. B0029 100% ENCAL ENERGY LTD 54,712.32 53.43 B0030 75% SPEARHEAD RESOURCES INC. 132,416.00 103.45 20% SEGUE ENERGY CORPORATION 5% B & S EXPLORATION LTD. B0031 100% CAVALIER LAND LTD 215,603.20 210.55 B0032 100% ENCAL ENERGY LTD 94,387.20 61.45 B0033 75% SPEARHEAD RESOURCES INC. 82,767.36 107.77 20% SEGUE ENERGY CORPORATION 5% B & S EXPLORATION LTD. B0034 50% SUMMIT RESOURCES LIMITED 164,000.00 128.13 50% REAL RESOURCES INC. B0035 100% ALBERTA LAND & LEASE LTD. 22,978.56 22.44 B0036 100% CAVALIER LAND LTD 77,312.00 75.50 B0037 100% PIONEER LAND SERVICES LTD 24,320.00 23.75 B0038 100% FIRSTLAND ENERGY LIMITED 6,493.00 6.34 B0039 100% MCNALLY LAND SERVICES LTD 416,821.76 1,628.21 B0040 100% WESTERN LAND SERVICES CO. LTD. 466,828.80 1,823.55 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 10 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0041 100% CANADIAN LANDMASTERS RESOURCE SERVICES 371,553.28 725.69 LTD B0042 100% BIG SKY RESOURCES INC 46,798.08 121.87 B0043 100% AGADIR RESOURCES INC 54,511.15 110.75 B0044 100% BIG SKY RESOURCES INC 62,397.44 121.87 B0045 100% BIG SKY RESOURCES INC 325,985.28 636.69 B0046 100% SASKATOON ASSETS INC 2,711,710.72 10,592.62 B0047 100% MERIDIAN LAND SERVICES (90) LTD 73,978.88 288.98 B0048 100% MERIDIAN LAND SERVICES (90) LTD 199,157.76 388.98 B0049 100% SANDSTONE LAND & MINERAL COMPANY LTD. 14,876.16 58.11 B0050 100% ANTELOPE LAND SERVICES LTD 14,648.32 57.22 B0051 100% CANADIAN LANDMASTERS RESOURCE SERVICES 14,881.28 58.13 LTD B0052 100% SCOTT LAND & LEASE LTD 65,369.60 255.35 B0053 100% TOWNSHIP LAND CO. LTD. 14,392.32 56.22 B0054 100% CANADIAN COASTAL RESOURCES LTD 646,784.00 505.30 B0055 100% CANADIAN COASTAL RESOURCES LTD 163,520.00 127.75 B0056 100% CANADIAN COASTAL RESOURCES LTD 228,851.20 178.79 B0057 100% PIONEER LAND SERVICES LTD 651,980.80 636.70 B0058 100% AGADIR RESOURCES INC 1,186,291.20 772.32 B0059 100% BONAVISTA PETROLEUM LTD. 170,598.40 166.60 B0060 100% BONAVISTA PETROLEUM LTD. 182,784.00 238.00 B0061 100% CYPRESS ENERGY INC. 93,916.00 91.71 B0062 100% BONAVISTA PETROLEUM LTD. 108,544.00 106.00 B0063 100% BONAVISTA PETROLEUM LTD. 108,544.00 106.00 B0064 100% BONAVISTA PETROLEUM LTD. 171,136.00 133.70 B0065 100% BONAVISTA PETROLEUM LTD. 119,577.60 155.70 B0066 100% BONAVISTA PETROLEUM LTD. 329,728.00 322.00 B0067 100% SANDSTONE LAND & MINERAL COMPANY LTD. 21,411.84 27.88 B0068 100% BONAVISTA PETROLEUM LTD. 108,544.00 106.00 B0069 100% STANDARD LAND COMPANY INC. 61,854.72 80.54 B0070 100% STANDARD LAND COMPANY INC. 22,223.36 86.81 B0071 100% FOUR WEST LAND CONSULTANTS LTD 90,877.44 118.33 B0072 100% CYPRESS ENERGY INC. 101,812.00 132.57 B0073 50% LIBERTY OIL & GAS LTD. 132,825.60 103.77 50% CIGAR OIL & GAS LTD. ** FOOTHILLS ** B0074 100% WESTERN LAND SERVICES CO. LTD. 178,063.36 347.78 B0075 100% CHARTER LAND SERVICES LTD. 206,264.32 402.86 B0076 100% ANTELOPE LAND SERVICES LTD 225,619.87 220.33 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 0.00 0.0000 NIL NORTHERN 16,418,591.66 53,484.2000 306.98 FOOTHILL 609,947.55 2,048.0000 297.83 -------- ------------- ------------ ---------- TOTAL : 17,028,539.21 55,532.2000 306.64 Petroleum & Natural Gas Sales Results For FEBRUARY 7, 2001 PAGE 11 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 8,374,794.84 33,556.8000 249.57 NORTHERN 29,571,288.87 89,004.2000 332.25 FOOTHILL 671,333.79 3,584.0000 187.31 -------- ------------- ------------ ---------- TOTAL : 38,617,417.50 126,145.0000 306.14