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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (11749)7/14/1998 9:55:00 PM
From: Kerm Yerman  Respond to of 15196
 
PROPERTY ACQUISITION / CityView Energy Corp Caspian Sea Acquisition

CITYVIEW ENERGY CORPORATION LIMITED - RE: CASPIAN SEA ACQUISITION

Date: 7/14/98 10:29:24 AM
Stock Symbol: CVCLF

Listed:
NASDAQ: CVCLF
ASX: CVI
Capital Structure
Fully Diluted: 15,107,068
Float: 5,522,049

CityView Energy Corporation Limited (CityView) is pleased to
announce that through its strategic alliance with Consolidated
Securities S.A. it has entered into an agreement to conduct due
diligence on a number of strategic natural resource assets in
Kazakhstan.

Subject to the successful outcome of the review CityView will
acquire these assets in Kazakhstan as a first step in achieving
its objective of developing a strong presence in the Caspian Sea
region. Upon the successful closing of this transaction
Consolidated Securities S.A. has proposed a second project in
Kazakhstan which would provide CityView with further significant
reserves and a substantial production base in the region.