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CityView Commences Feasibility Study For North Matanda Oil Project in Cameroon

Source: www.gulfoilandgas.com 8/9/2007, Location: Africa

CityView Corporation Limited has commenced the initial stage of a feasibility study with the view of fast tracking the development of the North Matanda Oil Project in the Cameroon. Mark Smyth said "CityView is keen to complete the feasibility study to quantify the technical and commercial aspects of North Matanda. We are under no illusion that this project has the potential to be extremely profitable for all of the joint venture partners and we intend to bring it to fruition as quickly as possible. Therefore, the first critical hurdle is to complete a feasibility study on the project. Mr. Conrad Maher, the recently appointed Chairman of the Advisory Board, is currently in Paris with a team of experts to commence the review and gathering of the Gulf Oil USA data as the first stage of this feasibility study."

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