RESULTS OF 2002 FEBRUARY 06
		    PUBLIC OFFERING OF OIL SANDS RIGHTS	
				
					
   LEASE	    PURCHASER			ACCEPTED	 PRICE
						 OFFER		  /HA
					
	ATHABASCA OIL SANDS AREA
				
OS 001	VALUE CREATION INC.			$316,748.00	$103.11
OS 002	VALUE CREATION INC.			$619,436.00	$268.85
					
			TOTAL BONUSES:		$936,184.00	$174.14
					
			TOTAL HECTARES:		 5,376.00 	
					
					
					
   PERMIT	    PURCHASER		   	ACCEPTED         PRICE
						 OFFER	         /HA
					
	ATHABASCA OIL SANDS AREA
				
OS 001	SASKATOON ASSETS INC.			$   63,129.60	$    6.85
OS 002	CANADIAN COASTAL RESOURCES LTD.		$  406,771.20	$   58.85
OS 003	WESTERN LAND SERVICES CO. LTD.		$5,133,173.76	$1,113.97
					
		        TOTAL BONUSES:		$5,603,074.56	$  270.21
		 			
		        TOTAL HECTARES:		    20,736.00 	
					
					
GRAND TOTAL OF LEASES AND PERMITS  
           
			TOTAL BONUSES:		$6,539,258.56	$  250.43
					
			TOTAL HECTARES:		    26,112.00