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To: RCJIII who wrote (19560)1/10/2000 10:35:00 PM
From: Veteran98  Respond to of 150070
 
CVCL Mega-deal is in the works, that is still the rumour. When will it close? Latest I've heard is that it could be any day. We've been hearing this for a while now however it is definitely under heavy accumulation. Check out this the following link for more info.

stock-vest.com



To: RCJIII who wrote (19560)1/18/2000 10:59:00 PM
From: Veteran98  Respond to of 150070
 
CVCL heavy day of trading today, interesting news release the other day. It has always been rumored that CVCL may be looking at an e-commerce or internet deal, maybe they will be putting this $10 million to good use. Should gap up to .60 tomorrow as this is what it is currently trading at in Australia at the moment. .89Aus = .59 US.

Malaysia Mining Corporation Berhad completion of sale

CityView Energy Corporation Limited ("CityView") has completed the
sale of its oil and gas interest in SC41 Philippines to Malaysia
Mining Corporation Berhad ("MMC"), generating a gain of approximately
Aus$10.6 million in the accounts of CityView. All outstanding debts
to MMC are now extinguished.

Documentation is reaching conclusion with Medco Energi Corporation
("Medco") in relation to CityView's Indonesian oil and gas fields for
an extensive drilling and development program. As a result, CityView
will achieve a 25% gross free carried interest in its Indonesian
fields until 2002.

The sale of the Philippines interest in SC41 and the free carry of
the Indonesian oil and gas fields were approved by the shareholders
of CityView at the General Meeting held on 30 December 1999.

A P Woods
COMPANY SECRETARY/CHIEF FINANCIAL OFFICER



To: RCJIII who wrote (19560)1/20/2000 9:50:00 AM
From: Veteran98  Read Replies (2) | Respond to of 150070
 
CVCL looks like were seeing some movement as a result of this news release. Heavy Volume last several days indicates this will have a good move.

Heads of Agreement re Sands Solutions.com Pty Ltd

CityView Energy Corporation Limited ("CityView") has entered into
heads of agreement to acquire by subscription an interest of 10% in
the e-commerce company Sands Solutions.com Pty Ltd ("Sands
Solutions"), an Australian leader in Business to Business ("B2B")
electronic commerce. Sands Solutions has been involved in electronic
trading since 1985 and holds worldwide rights to a diverse range of
e-commerce procurement solutions and products.

Sands Solutions is an industry leader in the development of software
for processing orders online. Globally similar companies such as
Commerce One Inc and Ariba Inc in the USA have seen phenomenal
growth. Sands Solutions has an advantage in that it has a unique
pricing model sustainable in the long term.

The proposed investment is attractive to CityView due to Sands
Solutions' excellent financial position, strong management structure
and proven products which can handle high volume-low value goods and
services.

The current client base of Sands Solutions includes major companies
involved in the resource, education, health and manufacturing
sectors. This client base is in the process of expanding to include
banking, finance, service and transport industries.

The acquisition by CityView of the interest of 10% in Sands Solutions
will be for Aus$5 million and under the corporate structure of Sands
Solutions, CityView has pre-emptive rights to acquire further
interests in that company.

The board of CityView considers that the investment in Sands
Solutions will be beneficial to the strategic planning and the growth
of both companies.

A P Woods
COMPANY SECRETARY/CHIEF FINANCIAL OFFICER