Thursday, March 15, 2007

CityView Signs Definitive Agreement on Indonesian Joint Venture: LPG Production

CityView Corporation Ltd. (OTCBB:CTVWF)(ASX:CVI)(FWB:C4Z), is pleased to announce it has concluded an agreement with PT Mitra Energy Development, an Indonesian company, to produce liquefied petroleum gas (“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

source news : home.businesswire.com

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