2009-08-19-2007-08-01-2007-08-01

Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
$1.3MM
Description

WI

CityView Corp. Ltd., Perth, Australia, (OTCBB: CTVWF; Australia: CVI), has acquired the right to take up 28.5% of Cameroon-based Turnberry Resources Inc. for US$1.3 million. The deal equates to a net 20% interest in the North Matanda PH72 oilfield in the northern part of the Douala/Kribi-Campo basin in Cameroon. Production is approximately four million barrels of condensate a year. Proved reserves are 60 million barrels of condensate.