CityView Energy Corporation Limited - Block GSEC 74 Philippines.

SOUTH PERTH, Australia--(BUSINESS WIRE)--Nov. 13, 1997--In March 1998 Arco Philippines Inc ("ARCO") is scheduled to spud Well No. Hippo-1 in Block GSEC GSEC GIAC Security Essentials Certification (computer security certification designation)
GSEC Geophysical Survey and Exploration Contract
GSEC Generalized Switch-And-Examine Combining 74 in the Sandakan Basin adjacent to the border with Sabah East Malaysia East Malaysia: see Malaysia. .

The Sandakan basin is similar to other basins formed to the northwest and southeast off the island of Borneo. ARCO has carried out AVO a·vo
n. pl. a·vos
See Table at currency.

[Portuguese, shortened from oitavo, eighth, from Latin oct modeling on seven seismic lines across the central and south eastern Hippo prospect, the results of which have confirmed "bright spot" anomalies. The seismic amplitude anomalies ("bright spots") to be tested by the well lie at depths respectively of approximately 3200 feet (975 metres), 5300 feet (1615 metres) and 9000 feet (2743 metres).

MMC See MultiMediaCard and Microsoft Management Console. Exploration & Production (Philippines) Pte Ltd PTE LTD Private Limited holds a net 12.5% interest in Block GSEC 74. Effective 12 November 1997 the issued capital of MMC Exploration & Production (Philippines) Pte Ltd is held in the proportion 51% MMC Exploration and Production BV and 49% CityView Energy Corporation Limited's wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners. Western Resources N.L.

Yours faithfully

(signed)

A P WOODS

Company Secretary/Chief Financial Officer

CONTACT: Australia- CityView Energy

Chris Rees, 011-61-89-474-1333

Fax:011-61-89-474-5997

http://www.cityviewenergy.com

or

North America - Zoya Financial

Steve Basra/Jasbir Gill, 416-214-2368

Fax:416-214-2771

email.jazz@wwonline.com

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Publication:	Business Wire
Date:	Nov 13, 1997
Words:	208
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