CVI cvi energy corporation limited

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  1. 6,351 Posts.
    Monday, 21 January 2008

    CityView Corporation Limited (“CityView”) advises that the restructuring of its holding in Quest Energy Middle East (“Quest”) Limited has been successfully completed.

    January 21, 2008

    QUEST ENERGY MIDDLE EAST LIMITED

    CityView Corporation Limited (“CityView”) advises that the restructuring of its holding in Quest Energy Middle East (“Quest”) Limited has been successfully completed.

    Under the new arrangements, CityView will own 1,205,000 shares of the 1,700,000 issued shares (70.9%) of European Oil Limited (“EOL”) which in turn owns 6% of Quest. N. Hoexter and P. de Chazal have been appointed to the Board of EOL.

    Quest is connected to the powerful financial community of Dubai and Abu Dhabi and is of great assistance to CityView.
 
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