| Property Locations |
| Location Name: | *Abbott Oil Prospect (ATP-573-P) | Area Name: | *Surat Basin |
| Effective Date: | 6/May/1997 | Location Ownership Percent: | 100 |
| Expiry Date: | 19/Dec/2002 | Phone: | (not available) |
| Address: | Queensland Australia Australia | Fax: | (not available) |
| Description: | |
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| Location Name: | *East Coast Basin - PEP 38331 | Area Name: | * |
| Effective Date: | 8/Sep/1997 | Location Ownership Percent: | 30 |
| Expiry Date: | 19/Dec/2002 | Phone: | (not available) |
| Address: | New Zealand Australia | Fax: | (not available) |
| Description: | Joint Venture with GEL Exploration Inc. (70%) |
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| Location Name: | *Hassi Bir Rekaiz | Area Name: | *North Ghadames Oil Basin |
| Effective Date: | 15/Nov/1999 | Location Ownership Percent: | 5 |
| Expiry Date: | 1/Jun/2001 | Phone: | (not available) |
| Address: | Algeria Africa
| Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (AB) | Area Name: | * |
| Effective Date: | 30/Jul/1981 | Location Ownership Percent: | 100 |
| Expiry Date: | 5/Oct/1998 | Phone: | (not available) |
| Address: | Alberta Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (BC) | Area Name: | * |
| Effective Date: | 30/Jul/1981 | Location Ownership Percent: | 100 |
| Expiry Date: | 5/Oct/1998 | Phone: | (not available) |
| Address: | British Columbia Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (Kalimantan) | Area Name: | * |
| Effective Date: | 30/Jul/1981 | Location Ownership Percent: | 100 |
| Expiry Date: | 5/Oct/1998 | Phone: | (not available) |
| Address: | Kalimantan Indonesia Asia | Fax: | (not available) |
| Description: | |
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| Location Name: | *Operating Location (SK) | Area Name: | * |
| Effective Date: | 30/Jul/1981 | Location Ownership Percent: | 15 |
| Expiry Date: | 1/Jul/1999 | Phone: | (not available) |
| Address: | Saskatchewan Canada North America | Fax: | (not available) |
| Description: | |
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| Location Name: | *PEDL 023 | Area Name: | *East Midland |
| Effective Date: | 6/Oct/1999 | Location Ownership Percent: | 25 |
| Expiry Date: | 16/May/2001 | Phone: | (not available) |
| Address: | East Midlands England Europe
| Fax: | (not available) |
| Description: | Will contribute 250,000 to cost of seismic programs. Antrim Resources (N.L.) will be the operator |