CityView Energy Corporation Limited - Drill Status Block GSEC 74 Philippines.HERDSMAN, Western Australia--(BUSINESS WIRE)--March 10, 1998 SYMBOL\EXCHANGE: CVCLF\Q CVI CVI C (Language) Virtual Instrument CVI Clinical and Vaccine Immunology (journal) CVI Chronic Venous Insufficiency CVI Coastal Vulnerability Index CVI Canaan Valley Institute \ASX ASX See: Australian Stock Exchange Capital Structure: Fully Diluted: 12,607,068 Float: 5,522,049 MMC See MultiMediaCard and Microsoft Management Console. Exploration & Production (Philippines) Pte Ltd PTE LTD Private Limited has been advised by the operator ARCO Philippines Inc that Hippo Well No.1 initial logging has not yet indicated significant accumulations of hydrocarbons. ARCO is re-positioning the rig to resume drilling to the next objective of the well. MMC Exploration & Production (Philippines) is owned 51% by MMC Exploration and Production BV and 49% by 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 A P Woods Company Secretary/Chief Financial Officer CONTACT: Australia - North America CityView Energy Zoya Financial Chris Vander Boom Steve Basra/Jasbir Gill Tel: 011-61-89-474-1333 Tel: 416-214-2368 Fax: 011-61-89-474-5997 Fax: 416-214-2771 http://www.cityviewenergy.com email.jazz@wwonline.com |
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