**** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 9,880,189.08 54,832.2800 180.19 NORTHERN 4,567,786.99 14,282.6000 319.81 FOOTHILL 142,641.20 768.0000 185.73 -------- ------------- ------------ ---------- TOTAL : 14,590,617.27 69,882.8800 208.79 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,324,180.09 1,865.2000 709.94 NORTHERN 13,211,674.34 83,513.9600 158.20 FOOTHILL 721,255.36 5,120.0000 140.87 -------- ------------- ------------ ---------- TOTAL : 15,257,109.79 90,499.1600 168.59 **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 11,204,369.17 56,697.4800 197.62 NORTHERN 17,779,461.33 97,796.5600 181.80 FOOTHILL 863,896.56 5,888.0000 146.72 -------- ------------- ------------ ---------- TOTAL : 29,847,727.06 160,382.0400 186.10 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 1 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** A0525 100% SENTRA RESOURCES CORPORATION 1,651.00 25.80 A0526 100% CANADIAN LANDMASTERS RESOURCE SERVICES 13,088.00 25.56 LTD A0527 100% CANADIAN LANDMASTERS RESOURCE SERVICES 13,088.00 25.56 LTD A0528 100% DUNA RESOURCES LTD. 6,680.96 8.03 A0529 100% FIRSTLAND ENERGY LIMITED 3,718.00 7.26 A0530 100% DUNA RESOURCES LTD. 4,111.36 8.03 A0531 100% DUNA RESOURCES LTD. 6,167.04 8.03 A0532 100% FIRSTLAND ENERGY LIMITED 2,182.00 4.26 A0533 100% FIRSTLAND ENERGY LIMITED 5,576.00 7.26 A0534 100% FIRSTLAND ENERGY LIMITED 5,576.00 7.26 A0535 100% ATLAS ENERGY LTD. 15,667.20 61.20 A0536 70% HANNA OIL AND GAS COMPANY - CANADA, INC 4,290.56 8.38 30% FIREFLY RESOURCES LTD A0537 100% DIAMOND TREE RESOURCES LTD. 4,002.14 62.53 A0538 100% DIAMOND TREE RESOURCES LTD. 2,114.14 66.07 A0539 100% PRIMEWEST ENERGY INC. 14,400.00 225.00 A0540 100% AEC OIL & GAS CO. LTD. 843,038.72 411.64 A0541 100% AEC OIL & GAS CO. LTD. 141,070.08 367.37 A0542 100% AEC OIL & GAS CO. LTD. 23,511.68 367.37 A0543 100% AEC OIL & GAS CO. LTD. 47,023.36 367.37 A0544 100% MEOTA RESOURCES CORP. 107,808.00 421.13 A0545 100% SPHERE ENERGY CORP. 28,828.16 112.61 A0546 50% NYCAN ENERGY CORP. 31,744.00 124.00 50% DIAZ RESOURCES LTD. A0547 50% NYCAN ENERGY CORP. 31,744.00 124.00 50% DIAZ RESOURCES LTD. A0548 100% PETRO-CANADA 57,875.00 226.07 A0549 100% PETRO-CANADA 39,325.00 153.61 A0550 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,145.28 8.38 30% FIREFLY RESOURCES LTD A0551 100% AEC OIL & GAS CO. LTD. 11,691.52 45.67 A0552 70% HANNA OIL AND GAS COMPANY - CANADA, INC 3,169.28 12.38 30% FIREFLY RESOURCES LTD A0553 100% ATLAS ENERGY LTD. 4,310.40 22.45 A0554 100% REGENT LAND SERVICES LTD 20,124.16 78.61 A0555 100% PRIMEWEST OIL AND GAS CORP. 3,840.00 15.00 A0556 75% COMPTON PETROLEUM CORPORATION 103,278.08 403.43 25% CARP ENERGY LTD. A0557 100% PRIMEWEST OIL AND GAS CORP. 3,840.00 15.00 A0558 100% PETRO-CANADA 14,375.00 56.15 A0559 100% TOWNSHIP LAND CO. LTD. 63,569.92 248.32 A0560 100% SUNFIRE ENERGY CORPORATION 27,056.64 105.69 A0561 50% SIGA RESOURCES LIMITED 16,104.00 62.91 50% CAL-RANCH RESOURCES INC. A0562 100% COMPTON PETROLEUM CORPORATION 21,975.04 85.84 A0563 70% AEC OIL & GAS CO. LTD. 13,842.24 288.38 30% ANDERSON RESOURCES LTD. A0564 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,145.28 8.38 30% FIREFLY RESOURCES LTD Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 2 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0565 100% MAVERICK LAND CONSULTANTS (87) INC 55,769.60 217.85 A0566 100% MAVERICK LAND CONSULTANTS (87) INC 55,769.60 217.85 A0567 100% MAVERICK LAND CONSULTANTS (87) INC 55,769.60 217.85 A0568 100% PROMAX ENERGY INC. 17,275.52 269.93 A0569 100% PROMAX ENERGY INC. 10,775.68 168.37 A0570 100% PROMAX ENERGY INC. 6,250.24 97.66 A0571 100% PROMAX ENERGY INC. 22,025.60 344.15 A0572 70% HANNA OIL AND GAS COMPANY - CANADA, INC 2,401.28 9.38 30% FIREFLY RESOURCES LTD A0573 70% HANNA OIL AND GAS COMPANY - CANADA, INC 4,449.28 17.38 30% FIREFLY RESOURCES LTD A0574 50% TROODON ENERGY LTD. 63,489.00 248.00 26% QUESTAR ENERGY LTD. 24% INNOVA ENERGY LTD. A0575 70% HANNA OIL AND GAS COMPANY - CANADA, INC 3,169.28 12.38 30% FIREFLY RESOURCES LTD A0576 100% SASKATOON ASSETS INC 120,320.00 470.00 A0577 100% SCOTT LAND & LEASE LTD 131,712.00 514.50 A0578 100% PROMAX ENERGY INC. 17,500.16 68.36 A0579 100% KEYWEST ENERGY CORPORATION 67,141.28 262.27 A0580 100% SCOTT LAND & LEASE LTD 41,175.04 160.84 A0581 100% KEYWEST ENERGY CORPORATION 107,246.92 418.93 A0582 100% KEYWEST ENERGY CORPORATION 22,688.64 354.51 A0583 50% BAYTEX ENERGY LTD. 97,884.98 127.45 50% VELVET EXPLORATION LTD. A0584 100% CANADIAN CARDIUM OILS LIMITED 19,715.00 77.01 A0585 50% BAYTEX ENERGY LTD. 97,884.98 127.45 50% VELVET EXPLORATION LTD. A0586 100% CANADIAN NATURAL RESOURCES LIMITED 29,703.68 116.03 A0587 100% KEYWEST ENERGY CORPORATION 136,622.80 266.84 A0588 100% OMERS RESOURCES LIMITED 107,274.24 139.68 A0589 50% BAYTEX ENERGY LTD. 13,068.49 25.52 50% VELVET EXPLORATION LTD. A0590 82% BARNWELL OF CANADA, LIMITED 27,624.96 107.91 18% SPHERE ENERGY CORP. A0591 100% MAVERICK LAND CONSULTANTS (87) INC 27,107.84 105.89 A0592 100% CANADIAN SUPERIOR ENERGY INC 111,036.00 433.73 A0593 100% PENN WEST EXPLORATION LTD. 8,555.52 33.42 A0594 100% PENN WEST EXPLORATION LTD. 16,849.92 65.82 A0595 100% PENN WEST EXPLORATION LTD. 82,716.16 323.11 A0596 100% PENN WEST EXPLORATION LTD. 5,767.68 22.53 A0597 100% PENN WEST EXPLORATION LTD. 4,579.20 23.85 A0598 100% PENN WEST EXPLORATION LTD. 7,239.68 28.28 A0599 100% PENN WEST EXPLORATION LTD. 10,792.96 42.16 A0600 100% PENN WEST EXPLORATION LTD. 6,758.40 26.40 A0601 100% PENN WEST EXPLORATION LTD. 73,822.72 288.37 A0602 100% PENN WEST EXPLORATION LTD. 73,830.40 288.40 A0603 100% PENN WEST EXPLORATION LTD. 11,591.68 45.28 A0604 100% PENN WEST EXPLORATION LTD. 47,677.44 186.24 A0605 100% SHAPCO RESOURCES LTD 20,337.28 317.77 A0606 100% SHAPCO RESOURCES LTD 81,349.12 317.77 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 3 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0607 100% PENN WEST EXPLORATION LTD. 43,793.92 171.07 A0608 100% SHAPCO RESOURCES LTD 81,349.12 317.77 A0609 100% KEYWEST ENERGY CORPORATION 33,387.68 130.42 A0610 100% KEYWEST ENERGY CORPORATION 51,331.76 267.35 A0611 100% CANADIAN LANDMASTERS RESOURCE SERVICES 96,709.12 377.77 LTD A0612 100% STANDARD LAND COMPANY INC. 21,493.76 83.96 A0613 100% PENN WEST EXPLORATION LTD. 18,869.76 73.71 A0614 100% PENN WEST EXPLORATION LTD. 31,680.00 123.75 A0615 100% PENN WEST EXPLORATION LTD. 31,713.28 123.88 A0616 100% PENN WEST EXPLORATION LTD. 18,219.52 71.17 A0617 100% PENN WEST EXPLORATION LTD. 18,769.92 73.32 A0618 100% PENN WEST EXPLORATION LTD. 33,103.36 129.31 A0619 100% PENN WEST EXPLORATION LTD. 18,723.84 73.14 A0620 100% PENN WEST EXPLORATION LTD. 18,828.80 73.55 A0621 100% PENN WEST EXPLORATION LTD. 16,801.28 65.63 A0622 100% PENN WEST EXPLORATION LTD. 33,838.08 132.18 A0623 100% PENN WEST EXPLORATION LTD. 22,704.64 88.69 A0624 100% PENN WEST EXPLORATION LTD. 31,774.72 124.12 A0625 100% PENN WEST EXPLORATION LTD. 22,566.40 88.15 A0626 100% PENN WEST EXPLORATION LTD. 18,777.60 73.35 A0627 100% PENN WEST EXPLORATION LTD. 32,719.36 127.81 A0628 100% PENN WEST EXPLORATION LTD. 43,591.68 170.28 A0629 100% PENN WEST EXPLORATION LTD. 33,689.60 131.60 A0630 100% HUSKY OIL OPERATIONS LIMITED 19,704.32 153.94 A0631 100% PENN WEST EXPLORATION LTD. 10,357.76 80.92 A0632 100% PENN WEST EXPLORATION LTD. 31,664.64 123.69 A0633 100% PENN WEST EXPLORATION LTD. 72,366.08 282.68 A0634 100% PENN WEST EXPLORATION LTD. 73,556.48 287.33 A0635 100% PENN WEST EXPLORATION LTD. 55,738.88 217.73 A0636 100% SLAVE RIVER EXPLORATION LTD. 10,730.24 83.83 A0637 100% STANDARD LAND COMPANY INC. 41,208.32 160.97 A0638 100% PENN WEST EXPLORATION LTD. 42,388.48 165.58 A0639 100% HUSKY OIL OPERATIONS LIMITED 32,222.72 125.87 A0640 100% HUSKY OIL OPERATIONS LIMITED 32,222.72 125.87 A0641 100% PENN WEST EXPLORATION LTD. 31,672.32 123.72 A0642 100% PENN WEST EXPLORATION LTD. 16,789.76 131.17 A0643 100% PENN WEST EXPLORATION LTD. 35,655.68 139.28 A0644 100% PENN WEST EXPLORATION LTD. 35,719.68 139.53 A0645 100% PENN WEST EXPLORATION LTD. 68,065.28 265.88 A0646 100% PENN WEST EXPLORATION LTD. 42,588.16 166.36 A0647 100% PENN WEST EXPLORATION LTD. 45,616.64 178.19 A0648 100% PENN WEST EXPLORATION LTD. 45,672.96 178.41 A0649 100% PENN WEST EXPLORATION LTD. 45,598.72 178.12 A0650 100% PENN WEST EXPLORATION LTD. 4,577.28 71.52 A0651 100% PENN WEST EXPLORATION LTD. 4,579.20 71.55 A0652 100% LELAND ENERGY CANADA LTD. 103,006.72 402.37 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 4 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0653 100% GAUNTLET ENERGY CORPORATION 40,318.84 556.89 A0654 100% STANDARD LAND COMPANY INC. 41,208.32 160.97 A0655 100% BRISTOL LAND & LEASING LTD. 72,184.32 281.97 A0656 100% MCNALLY LAND SERVICES LTD 5,487.36 85.74 A0657 100% CALPINE CANADA RESOURCES LTD 3,087.36 12.06 A0658 100% CALPINE CANADA RESOURCES LTD 5,826.56 22.76 A0659 100% CALPINE CANADA RESOURCES LTD 35,560.96 138.91 A0660 100% CALPINE CANADA RESOURCES LTD 17,600.00 68.75 A0661 100% CALPINE CANADA RESOURCES LTD 7,285.76 56.92 A0662 100% CALPINE CANADA RESOURCES LTD 47,152.64 184.19 A0663 100% CALPINE CANADA RESOURCES LTD 47,152.64 184.19 A0664 100% CALPINE CANADA RESOURCES LTD 7,132.16 27.86 A0665 100% CALPINE CANADA RESOURCES LTD 3,566.08 27.86 A0666 100% CALPINE CANADA RESOURCES LTD 1,365.12 21.33 A0667 100% CALPINE CANADA RESOURCES LTD 5,460.48 21.33 A0668 100% GULF CANADA RESOURCES LIMITED 31,449.60 245.70 A0669 100% CALPINE CANADA RESOURCES LTD 4,065.28 31.76 A0670 100% CALPINE CANADA RESOURCES LTD 46,735.36 182.56 A0671 100% CALPINE CANADA RESOURCES LTD 11,809.28 46.13 A0672 100% CALPINE CANADA RESOURCES LTD 5,460.48 21.33 A0673 100% CALPINE CANADA RESOURCES LTD 2,730.24 21.33 A0674 100% CANADIAN LANDMASTERS RESOURCE SERVICES 9,896.00 154.63 LTD A0675 100% CALPINE CANADA RESOURCES LTD 5,460.48 21.33 A0676 100% CALPINE CANADA RESOURCES LTD 11,809.28 46.13 A0677 100% SHAPCO RESOURCES LTD 77,777.77 303.82 A0678 100% SHAPCO RESOURCES LTD 77,777.77 303.82 A0679 100% CALPINE CANADA RESOURCES LTD 96,366.08 376.43 A0680 100% CALPINE CANADA RESOURCES LTD 11,809.28 46.13 A0681 100% CANADIAN CARDIUM OILS LIMITED 6,639.00 51.87 A0682 100% PENN WEST EXPLORATION LTD. 9,576.96 37.41 A0683 100% HIGHPINE OIL & GAS LIMITED 14,676.85 539.59 A0684 70% CHIRRIPO RESOURCES INC. 33,536.00 131.00 30% CONSTAR RESOURCES LTD. A0685 75% TRANSGLOBE ENERGY CORPORATION 115,527.68 451.28 25% GLENCOE RESOURCES LTD A0686 100% BRISTOL LAND & LEASING LTD. 122,350.08 477.93 A0687 100% DIAMOND TREE RESOURCES LTD. 130,003.61 507.83 A0688 100% MSL LAND SERVICES LTD 120,655.36 471.31 A0689 100% GULF CANADA RESOURCES LIMITED 118,896.00 123.85 A0690 100% GULF CANADA RESOURCES LIMITED 32,709.12 127.77 A0691 100% GULF CANADA RESOURCES LIMITED 314,121.60 377.55 A0692 100% BRISTOL LAND & LEASING LTD. 57,576.96 224.91 A0693 100% GULF CANADA RESOURCES LIMITED 32,709.12 127.77 A0694 100% GULF CANADA RESOURCES LIMITED 32,709.12 127.77 A0695 100% GULF CANADA RESOURCES LIMITED 109,185.60 454.94 A0696 100% GULF CANADA RESOURCES LIMITED 13,849.60 54.10 A0697 100% GULF CANADA RESOURCES LIMITED 13,849.60 54.10 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 5 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0698 100% GULF CANADA RESOURCES LIMITED 13,849.60 54.10 A0699 100% GULF CANADA RESOURCES LIMITED 32,709.12 127.77 A0700 40% OUTLOOK ENERGY CORP. 288,768.00 1,128.00 35% REGENT RESOURCES LTD. 15% PALISADE RESOURCES LTD. 10% LOOKOUT ENTERPRISES LTD. A0701 100% DOMCAN EAST ALBERTA LTD 20,544.00 321.00 A0702 100% CANADIAN NATURAL RESOURCES LIMITED 36,805.12 143.77 A0703 100% PANCANADIAN PETROLEUM LIMITED 143,037.44 558.74 A0704 100% PANCANADIAN PETROLEUM LIMITED 143,037.44 558.74 A0705 100% BURLINGTON RESOURCES CANADA ENERGY LTD 219,991.00 429.67 A0706 100% ENERMARK INC. 12,411.32 387.85 A0707 100% RAVEN ENERGY LTD. 20,697.40 877.01 A0708 100% SOUTHWARD ENERGY LTD 69,632.63 272.00 A0709 100% SOUTHWARD ENERGY LTD 45,568.89 178.00 A0710 100% SCOTT LAND & LEASE LTD 222,208.78 868.00 A0711 100% DOMCAN EAST ALBERTA LTD 207,872.00 812.00 A0712 100% SCOTT LAND & LEASE LTD 141,568.78 553.00 A0713 100% SCOTT LAND & LEASE LTD 119,808.78 468.00 A0714 100% TRANSGLOBE ENERGY CORPORATION 55,208.52 2,619.00 A0715 100% KETCH ENERGY LTD 11,159.04 43.59 A0716 100% KETCH ENERGY LTD 70,652.16 367.98 A0717 100% KETCH ENERGY LTD 12,263.04 63.87 A0718 100% MORAINE RESOURCES LTD 2,301.13 35.96 A0719 100% KETCH ENERGY LTD 16,023.04 62.59 A0720 100% KETCH ENERGY LTD 114,414.08 446.93 A0721 100% CANADIAN NATURAL RESOURCES LIMITED 19,719.68 77.03 A0722 50% CARCAJOU RESOURCES CORP. 21,159.00 82.65 50% GEO2000 CONSULTING SERVICES LTD. A0723 No Offers A0724 100% ALLIED LAND SERVICES (1978) LTD 64,512.00 252.00 A0725 100% ALLIED LAND SERVICES (1978) LTD 83,456.00 326.00 A0726 100% ALLIED LAND SERVICES (1978) LTD 201,984.00 263.00 A0727 100% ALLIED LAND SERVICES (1978) LTD 90,112.00 352.00 ** NORTHERN ** A0728 100% MAVERICK LAND CONSULTANTS (87) INC 40,814.08 637.72 A0729 100% BURLINGTON RESOURCES CANADA ENERGY LTD 163,589.00 1,278.04 A0730 100% TOM BROWN RESOURCES LTD. 150,899.20 1,178.90 A0731 100% SCOTT LAND & LEASE LTD 252,441.60 788.88 A0732 100% CANADIAN LANDMASTERS RESOURCE SERVICES 46,778.88 182.73 LTD A0733 100% THE SOO LINE RESOURCE GROUP LTD. 20,864.00 81.50 A0734 100% EOG RESOURCES CANADA INC. 20,426.24 79.79 A0735 100% SOUTHWARD ENERGY LTD 23,552.75 92.00 A0736 100% ANADARKO CANADA CORPORATION 188,925.44 737.99 A0737 100% ANADARKO CANADA CORPORATION 188,925.44 737.99 A0738 70% TAURUS EXPLORATION CANADA LTD 108,083.20 422.20 30% TAURUS EXPLORATION LTD. A0739 93.1% ZARGON OIL & GAS LTD 7,016.69 27.41 6.9% ZARGON RESOURCES LTD. Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 6 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0740 93.1% ZARGON OIL & GAS LTD 43,112.87 168.41 6.9% ZARGON RESOURCES LTD. A0741 100% PARAMOUNT RESOURCES LTD. 158,177.28 617.88 A0742 100% PARAMOUNT RESOURCES LTD. 209,602.56 818.76 A0743 100% PARAMOUNT RESOURCES LTD. 209,602.56 818.76 A0744 100% SUMMIT RESOURCES LIMITED 11,000.00 42.97 A0745 100% BRISTOL LAND & LEASING LTD. 28,444.16 111.11 A0746 100% BRISTOL LAND & LEASING LTD. 28,444.16 111.11 A0747 100% BRISTOL LAND & LEASING LTD. 28,444.16 111.11 A0748 100% STANDARD LAND COMPANY INC. 8,248.32 128.88 A0749 100% GENEX ENERGY INC. 11,000.00 85.94 A0750 100% GENEX ENERGY INC. 8,000.00 62.50 A0751 100% BOLT ENERGY LTD. 17,349.12 67.77 A0752 100% BOLT ENERGY LTD. 13,652.48 53.33 A0753 100% VINTAGE PETROLEUM CANADA, INC. 6,561.28 25.63 A0754 50% ARC RESOURCES LTD. 8,704.00 34.00 50% RUBICON ENERGY CORPORATION A0755 100% DEFIANT ENERGY CORPORATION 32,197.12 125.77 A0756 50% ARC RESOURCES LTD. 59,136.00 231.00 50% RUBICON ENERGY CORPORATION A0757 100% DEFIANT ENERGY CORPORATION 37,829.12 147.77 A0758 100% MAVERICK LAND CONSULTANTS (87) INC 29,000.00 56.64 A0759 100% BRISTOL LAND & LEASING LTD. 84,610.56 330.51 A0760 100% ANDERSON RESOURCES LTD. 31,034.88 121.23 A0761 100% TRUE NORTH LAND SERVICES LTD. 137,953.28 538.88 A0762 100% ROCKY LAYMAN ENERGY INC. 6,604.00 25.80 A0763 100% TRUE NORTH LAND SERVICES LTD. 115,752.96 452.16 A0764 100% CHARTER LAND SERVICES LTD. 130,417.92 1,018.89 A0765 100% CHARTER LAND SERVICES LTD. 130,417.92 1,018.89 A0766 100% CHIRRIPO RESOURCES INC. 43,776.00 171.00 A0767 100% AEC OIL & GAS CO. LTD. 432,304.64 1,688.69 A0768 100% FOUR WEST LAND CONSULTANTS LTD 82,790.40 323.40 A0769 100% REGENT LAND SERVICES LTD 6,656.00 26.00 A0770 100% BIG HORN RESOURCES LTD. 30,434.56 237.77 A0771 100% NORTHSTAR ENERGY CORPORATION 31,600.64 123.44 A0772 100% BONAVISTA PETROLEUM LTD. 14,080.00 55.00 A0773 100% CANADIAN LANDMASTERS RESOURCE SERVICES 192,445.44 751.74 LTD A0774 100% ANTELOPE LAND SERVICES LTD 173,604.00 678.14 A0775 100% JUDELLE RESOURCES INC 7,581.00 29.61 A0776 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD 31,604.00 123.45 A0777 100% STORM ENERGY INC. 66,044.00 257.98 A0778 100% STORM ENERGY INC. 16,516.00 258.06 A0779 100% STORM ENERGY INC. 13,319.80 358.06 A0780 100% STAR OIL & GAS LTD. 16,043.10 428.96 A0781 100% MERIDIAN LAND SERVICES (84) LTD 144,750.50 1,130.86 A0782 100% BONAVISTA PETROLEUM LTD. 8,960.00 35.00 A0783 100% GRESHAM RESOURCES INC. 24,524.00 95.80 A0784 100% BONAVISTA PETROLEUM LTD. 27,648.00 108.00 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 7 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- A0785 100% BRISTOL LAND & LEASING LTD. 74,831.36 292.31 A0786 100% SCOTT LAND & LEASE LTD 151,036.00 589.98 A0787 100% PETROBANK ENERGY AND RESOURCES LTD 40,130.56 156.76 A0788 100% PETROBANK ENERGY AND RESOURCES LTD 10,721.28 41.88 A0789 100% WESTERN LAND SERVICES CO. LTD. 13,104.00 51.19 A0790 100% APACHE CANADA LTD. 115,668.48 903.66 ** FOOTHILLS ** A0791 80% STONE PETROLEUMS LTD 2,790.00 21.80 20% SUPERNOVA RESOURCES LTD. A0792 80% STONE PETROLEUMS LTD 3,630.00 28.36 20% SUPERNOVA RESOURCES LTD. A0793 80% STONE PETROLEUMS LTD 4,010.00 15.66 20% SUPERNOVA RESOURCES LTD. A0794 100% CANADIAN HUNTER EXPLORATION LTD 132,211.20 516.45 **** LEASES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 9,880,189.08 54,832.2800 180.19 NORTHERN 4,567,786.99 14,282.6000 319.81 FOOTHILL 142,641.20 768.0000 185.73 -------- ------------- ------------ ---------- TOTAL : 14,590,617.27 69,882.8800 208.79 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 8 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- ** PLAINS ** B0129 100% GULF CANADA RESOURCES LIMITED 1,324,180.09 709.94 ** NORTHERN ** B0130 100% PIONEER LAND SERVICES LTD 417,561.60 1,631.10 B0131 100% PIONEER LAND SERVICES LTD 825,907.20 1,613.10 B0132 100% SCOTT LAND & LEASE LTD 37,900.00 49.35 B0133 100% ANTELOPE LAND SERVICES LTD 775,756.80 1,010.10 B0134 100% TALISMAN ENERGY INC. 26,567.68 51.89 B0135 100% ISH ENERGY LTD 307,500.00 600.59 B0136 100% SCOTT LAND & LEASE LTD 131,870.72 128.78 B0137 100% CANADIAN LANDMASTERS RESOURCE SERVICES 36,689.92 143.32 LTD B0138 100% SCOTT LAND & LEASE LTD 60,503.04 236.34 B0139 100% CANADIAN LANDMASTERS RESOURCE SERVICES 86,676.48 112.86 LTD B0140 100% SCOTT LAND & LEASE LTD 121,052.16 157.62 B0141 100% MAVERICK LAND CONSULTANTS (87) INC 585,638.40 2,287.65 B0142 100% MAVERICK LAND CONSULTANTS (87) INC 413,808.64 1,616.44 B0143 100% MAVERICK LAND CONSULTANTS (87) INC 171,000.00 333.98 B0144 100% SCOTT LAND & LEASE LTD 449,418.24 877.77 B0145 100% CANADIAN LANDMASTERS RESOURCE SERVICES 785,000.00 511.07 LTD B0146 100% WESTERN LAND SERVICES CO. LTD. 177,664.00 347.00 B0147 100% BANCROFT OIL AND GAS LTD 59,128.32 76.99 B0148 100% ANDERSON RESOURCES LTD. 541,537.28 2,115.38 B0149 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD 92,609.14 112.12 B0150 100% SUMMIT RESOURCES LIMITED 21,000.00 41.02 B0151 100% MAVERICK LAND CONSULTANTS (87) INC 268,815.36 525.03 B0152 100% SCOTT LAND & LEASE LTD 116,167.68 453.78 B0153 100% CALPINE CANADA RESOURCES LTD 9,566.72 37.37 B0154 100% CALPINE CANADA RESOURCES LTD 9,566.72 37.37 B0155 100% CALPINE CANADA RESOURCES LTD 16,445.44 64.24 B0156 70% HANNA OIL AND GAS COMPANY - CANADA, INC 6,338.56 12.38 30% FIREFLY RESOURCES LTD B0157 70% HANNA OIL AND GAS COMPANY - CANADA, INC 12,677.12 12.38 30% FIREFLY RESOURCES LTD B0158 70% HANNA OIL AND GAS COMPANY - CANADA, INC 3,169.28 12.38 30% FIREFLY RESOURCES LTD B0159 100% COMPTON PETROLEUM CORPORATION 31,303.68 122.28 B0160 100% SCOTT LAND & LEASE LTD 47,018.51 5.74 B0161 No Offers B0162 100% SCOTT LAND & LEASE LTD 47,018.51 5.74 B0163 100% SCOTT LAND & LEASE LTD 75,952.98 9.27 B0164 No Offers B0165 100% SCOTT LAND & LEASE LTD 79,802.88 103.91 B0166 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0167 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0168 100% SCOTT LAND & LEASE LTD 159,605.76 103.91 B0169 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 9 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- B0170 100% BRISTOL LAND & LEASING LTD. 79,603.20 62.19 B0171 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0172 100% BRISTOL LAND & LEASING LTD. 63,682.56 62.19 B0173 100% BRISTOL LAND & LEASING LTD. 63,682.56 62.19 B0174 50% LIBERTY OIL & GAS LTD. 105,384.96 137.22 50% CIGAR OIL & GAS LTD. B0175 100% PENN WEST EXPLORATION LTD. 65,725.44 85.58 B0176 100% SCOTT LAND & LEASE LTD 176,345.60 137.77 B0177 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0178 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0179 100% SCOTT LAND & LEASE LTD 106,403.84 103.91 B0180 100% SCOTT LAND & LEASE LTD 79,802.88 103.91 B0181 100% STANDARD LAND COMPANY INC. 387,340.80 216.15 B0182 100% STANDARD LAND COMPANY INC. 442,593.28 216.11 B0183 100% STANDARD LAND COMPANY INC. 207,477.76 115.78 B0184 100% APACHE CANADA LTD. 565,332.48 245.37 B0185 100% APACHE CANADA LTD. 159,621.12 155.88 B0186 100% APACHE CANADA LTD. 131,128.32 85.37 B0187 100% APACHE CANADA LTD. 482,078.72 235.39 B0188 100% STANDARD LAND COMPANY INC. 94,387.20 61.45 B0189 100% APACHE CANADA LTD. 247,710.72 161.27 B0190 100% APACHE CANADA LTD. 482,078.72 235.39 B0191 100% APACHE CANADA LTD. 262,899.20 205.39 B0192 100% APACHE CANADA LTD. 565,332.48 245.37 B0193 100% PARAMOUNT RESOURCES LTD. 319,303.68 207.88 B0194 100% PARAMOUNT RESOURCES LTD. 234,762.24 152.84 B0195 100% APACHE CANADA LTD. 242,334.72 105.18 ** FOOTHILLS ** B0196 100% CANADIAN COASTAL RESOURCES LTD 144,122.88 187.66 B0197 100% SCOTT LAND & LEASE LTD 60,610.56 78.92 B0198 100% CANADIAN LANDMASTERS RESOURCE SERVICES 6,479.36 25.31 LTD B0199 100% SCOTT LAND & LEASE LTD 50,604.00 197.67 B0200 100% CANADIAN LANDMASTERS RESOURCE SERVICES 12,958.72 25.31 LTD B0201 100% WINDFALL RESOURCES LTD 60,656.64 118.47 B0202 100% CANADIAN LANDMASTERS RESOURCE SERVICES 6,479.36 25.31 LTD B0203 100% CANADIAN LANDMASTERS RESOURCE SERVICES 6,479.36 25.31 LTD B0204 100% CANADIAN LANDMASTERS RESOURCE SERVICES 6,479.36 25.31 LTD B0205 100% SCOTT LAND & LEASE LTD 50,604.00 197.67 B0206 100% MAVERICK LAND CONSULTANTS (87) INC 315,781.12 308.38 **** LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 1,324,180.09 1,865.2000 709.94 NORTHERN 13,211,674.34 83,513.9600 158.20 FOOTHILL 721,255.36 5,120.0000 140.87 -------- ------------- ------------ ---------- TOTAL : 15,257,109.79 90,499.1600 168.59 Petroleum & Natural Gas Sales Results For JULY 25, 2001 PAGE 10 Parcel Percent Client Name Bonus($) $ / Ha ------------------------------------------------------------------------------------------- **** COMBINED LEASES AND LICENCES **** AREA BONUS ($) HECTARES $ / HA -------- ------------- ------------ ---------- PLAINS 11,204,369.17 56,697.4800 197.62 NORTHERN 17,779,461.33 97,796.5600 181.80 FOOTHILL 863,896.56 5,888.0000 146.72 -------- ------------- ------------ ---------- TOTAL : 29,847,727.06 160,382.0400 186.10