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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8169)	12/29/1997 1:34:00 PM
From: Arnie	Read Replies (3) of 15196

FIELD ACTIVITIES / CityView Energy advises Well Spudded CityView Energy Corporation Limited advises that Well No. SST-1 spudded at 1300 hours Friday 26 December 1997 and at 0600 hours Monday 29 December, 1997 was at 40 metres depth. Current activity is drilling ahead in 12 1/4 inch hole to next casing point. Well No. SST-1 is a directional well drilled from SS-3 location pad with total measured depth programmed at 1548 metres and the Q2 sandstone as a target. The SST-1 well will test the recent 3D seismic which indicates a hydrocarbon bright spot in the Q2 sand level. The objective is to locate a stratigraphic trap paleo river deposit in the Sangatta Sangkimah field. Before the Sangkimah production stopped in the 1980's, wells such as SS-1, SS-3, SS-5 and SS-6 produced oil from sandstone reservoir upper middle Miocene with an average production of 100-200 BOPD at 28 degrees API. SST-1 Directional Well Coordinate: Local X = 18316.662 Y = 12429.441 Geographic: Latitude 0 degrees 23'15.285 Longitude 117 degrees 28 degrees 35.360 GL : 102.245m KBE : 106.91m Yours faithfully (SIGNED) A P WOODS Company Secretary/CFO

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