<?xml version="1.0" ?>
<!-- 33077_20040915OON.xml -->
<PublicOfferingNotice xmlns="http://tempuri.org/PON.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://tempuri.org/PON.xsd PON.xsd">
<MineralType>OIL SANDS</MineralType>
<SaleDate>2004-09-15</SaleDate>
<!-- LEASE SCHEDULE -->
<Schedule>
<ContractType>LEASE</ContractType>
<Region>
<Name>PEACE RIVER OS</Name>
<Contract>
<ContractNo>L0672</ContractNo>
<Hectares>1536</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>51807809</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51807810</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51807811</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51807814</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51807815</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51807816</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>OIL SANDS</Substance>
<Qualifier>BELOW THE TOP OF THE</Qualifier>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDCode>40</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>BLUESKY-BULLHEAD</ZoneName>
<DRRZDCode>21</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>L0673</ContractNo>
<Hectares>1024</Hectares>
<RestrictionCodeApplies>PNA016802</RestrictionCodeApplies>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>51907826</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51907827</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51907834</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51907835</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>OIL SANDS</Substance>
<Qualifier>BELOW THE TOP OF THE</Qualifier>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDCode>40</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>BLUESKY-BULLHEAD</ZoneName>
<DRRZDCode>21</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>L0674</ContractNo>
<Hectares>512</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>51807903</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>51807910</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>OIL SANDS</Substance>
<Qualifier>BELOW THE TOP OF THE</Qualifier>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDCode>40</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>BLUESKY-BULLHEAD</ZoneName>
<DRRZDCode>21</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>L0675</ContractNo>
<Hectares>1024</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>51708028</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51708029</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51708032</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51708033</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>OIL SANDS</Substance>
<Qualifier>BELOW THE TOP OF THE</Qualifier>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDCode>40</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>PEKISKO FM</ZoneName>
<DRRZDCode>174</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
</Region>
</Schedule>
<DeeperRightsReversionZoneDesignations>
<!-- Deeper Rights Reversion Zone Designations -->
<DRRZD>
<DRRZDCode>21</DRRZDCode>
<DRRZDZone>
<ZoneCode>3052</ZoneCode>
<ZoneName>BLUESKY-BULLHEAD</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-32-081-01W6/0</WellID>
<DRRZDInterval>
<From>2754</From>
<To>3043</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>DUAL INDUCTION SPHERICALLY FOCUSED</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>40</DRRZDCode>
<DRRZDZone>
<ZoneCode>2280</ZoneCode>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/07-09-076-08W6/0</WellID>
<DRRZDInterval>
<From>3760</From>
<To>4008</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>BOREHOLE COMPENSATED SONIC</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>174</DRRZDCode>
<DRRZDZone>
<ZoneCode>6420</ZoneCode>
<ZoneName>PEKISKO FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-27-067-22W5/0</WellID>
<DRRZDInterval>
<From>6468</From>
<To>6654</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>ELECTRICAL</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
</DeeperRightsReversionZoneDesignations>
<AddendaAndContacts>
<!-- Applicable Addenda And Contacts -->
<RestrictionDetail>
<RestrictionCode>PNA016802</RestrictionCode>
<AppliesTo>
<ContractType>LEASE</ContractType>
<ContractNo>L0673</ContractNo>
<RestrictionLandDescription>
<RestrictionLand>
<LandKey>5190782704</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
</RestrictionLandDescription>

</AppliesTo>
<RestrictionDescription>
IS/ARE RESERVED FOR A PROPOSED NATURAL AREA, UNDER THE PUBLIC LANDS ACT.

</RestrictionDescription>
<SurfaceAccess>
SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS
</SurfaceAccess>
<Contact>
<ContactName>BILL RICHARDS</ContactName>
<ContactTitle>RESOURCE TECHNOLOGIST</ContactTitle>
<ContactTitle>COMMUNITY DEVELOPMENT</ContactTitle>
<ContactAddressLine>PARKS AND PROTECTED AREAS</ContactAddressLine>
<ContactAddressLine>SYSTEMS PLANNING BRANCH</ContactAddressLine>
<ContactAddressLine>9820 106 ST NW FLOOR 5</ContactAddressLine>
<ContactCityTownVillageName>EDMONTON</ContactCityTownVillageName>
<ContactProvinceStateName>AB</ContactProvinceStateName>
<ContactPostalCode>T5K 2J6</ContactPostalCode>
<ContactTelephone>
<AreaCode>780</AreaCode>
<Prefix>427</Prefix>
<Suffix>9445</Suffix>
</ContactTelephone>
</Contact>
</RestrictionDetail>
</AddendaAndContacts>
</PublicOfferingNotice>

