Release: CityView: South Sembakung-2, Simenggaris PSC

Wednesday, May 10 2006 - 07:50 AM WIB

May 10, 2006 ? CityView Corporation Limited (?CityView?) announces that it has received the following advice from the Operator Medco Simenggaris-Pertamina JOB in respect of the South Sembakung-2 Well:

South Sembakung-2 was spudded on March 9, 2006 and reached a depth of 7750 feet on April 7, 2006 within Intra Meliat sand formation. The drill string then became stuck so they side tracked the hole to 6951 feet. The well has been temporarily suspended for further well test evaluation in the near future with a well service rig.

The South Sembakung-2 well is structurally lower than South Sembakung-1. The well penetrated Top Santul at 1485 feet, Top Tabul at 3849 feet and Top Meliat 6600 feet. (end of release)

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