CityView Signs Definitive Agreement on Indonesian Joint Venture: LPG Production.PERTH, Australia -- CityView Corporation Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CTVWF)(ASX ASX See: Australian Stock Exchange :CVI CVI C (Language) Virtual Instrument CVI Clinical and Vaccine Immunology (journal) CVI Chronic Venous Insufficiency CVI Coastal Vulnerability Index CVI Canaan Valley Institute )(FWB (Fixed Wireless Broadband) See fixed wireless. :C4Z), is pleased to announce it has concluded an agreement with PT Mitra Energy Development, an Indonesian company, to produce liquefied petroleum gas liquefied petroleum gas or LPG, mixture of gases, chiefly propane and butane, produced commercially from petroleum and stored under pressure to keep it in a liquid state. ("LPG") in Indonesia. Demand for LPG is strong as the country is changing from kerosene to LPG. CityView will be assisted in this proposed venture by Quest Energy Middle East Limited which has, through its associates, considerable experience in LPG production. The first step will be to form an Indonesian operating company which will negotiate with Pertamina for access to a gas supply. About CityView Corp. CityView Corporation Ltd. is an exploration and development company. It is management's objective to grow CityView into a significant uranium, oil and gas project by developing its interest in Angola. The Company trades on the OTCBB market under the symbol "CTVWF" and on the Australian Exchange under the symbol "CVI". For more information, please visit the Company's web site at: www.cityviewcorp.com Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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