ACN 009 235 634 Level 9, 28 The Esplanade Perth, Western Australia, 6000 PO Box 5643 St George’s Terrace Perth, Western Australia, 6831 Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Web: www.cityviewcorp.com August 29, 2006 The Manager Company Announcements Office Australian Stock Exchange Limited Level 4 Exchange Centre 20 Bridge Street SYDNEY NSW 2000 CityView has been advised by the Operator, Medco Energi that the drilling of Konang-3 well has reached a depth of 2,212 feet. The target depth is 4,920 feet. CityView is free earned through the drilling of Konang-3. Konang-3 is being drilled in the Madura Block on Madura Island near the city of Surabaya where there is a ready market for oil and gas. The Block covers an area of 674,100 acres. A number of large fields have been discovered in the vicinity and it is these same producing trends which are being examined on Madura.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held