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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8267)1/6/1998 12:23:00 AM
From: Kerm Yerman   of 15196
 
FIELD ACTIVITES / CityView Energy Drilling Update

Company Press Release

Sangkimah Oilfield Drilling Status

SOUTH PERTH, Australia--CityView Energy Corporation Limited advises that Sangkimah Well No. SST-1 at 0600 hours 5 January 1998 was at 495 metres depth. Current activity is running 9-5/8 inch casing.

Simenggaris Block Kalimantan

CityView Energy Corporation Limited is pleased to announce that the granting of the Simenggaris Block to CityView's subsidiary Genindo Western Petroleum Pty. Ltd has been confirmed by Presidential Decree No. B650/Pres/12/1997.

Genindo Western Petroleum Pty. Ltd is owned 85% CityView and 15% Pt Genindo Citra Perkasa.

For further company information

cityviewenergy.com email.jazz@wwonline.com
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