WestSide Corporation Limited Company Summary |
WestSide Corporation Limited (ASX:WCL) is an ASX-listed company with interests in coal seam gas (CSG) projects in Queensland.
WestSide operates the Meridian SeamGas CSG fields west of Gladstone in Queensland's Bowen Basin. The Meridian gas fields comprise a range of CSG assets including a petroleum lease, gas rights in mining leases and gas compression and pipeline infrastructure connected to Queensland's commercial gas network. WestSide holds a 51% interest in the fields with Mitsui E&P Australia Pty Ltd holding the remaining 49%.
Elsewhere in the Bowen Basin, WestSide is currently operating an exploration and appraisal program at the ATP 769P (Paranui) and ATP 688P (Tilbrook and Mount Saint Martin) sites. WestSide holds a 25.5% interest in the tenements with Mitsui E&P Australia Pty Ltd, which has a 24.5 % interest in each, and QGC, which holds the other 50% in each case.
WestSide also has a 51% operating interest in two Galilee Basin (Queensland) tenements (ATP 974P and ATP 978P) covering an area of over 14,480 sq km, with Mitsui E&P Australia Pty Ltd holding the remaining 49% in each.
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DIRECTORS / OFFICERS |
Angus Karoll Chairman and Acting CEO Angus is the founding Director of Westside Corporation Ltd and has been instrumental in establishing the Company, including forming strategic relationships with investors and joint venture partners and in establishing WestSide’s subsidiary company, PT SeamGas Indonesia. He is the director of Nazara Energy, an unlisted company with Coal Seam Gas (CSG) assets in Queensland’s Galilee Basin and has initiated plans to develop a number of gas production and downstream gas processing projects in South-East Asia. He has also built a number of international businesses in the logistics and agricultural supplies sectors.
| Tony Gall FCA Director Tony was an employee and partner of Price Waterhouse for 39 years, during which time he gained international exposure in the UK, USA and Indonesia. More recently he has been an independent advisor and consultant to small and medium enterprises. He brings extensive exposure to a wide variety of industries and particular depth in the Audit and Corporate Advisory. Relevant corporate advisory area in which he specialised at Price Waterhouse. Tony is the Chairman of the Audit and Compliance Committee.
| Trent Karoll B Ec, FAICD Director Until recently, Trent was the Joint Managing Director of the Nelson Group of Companies, a substantial private business, with operations in Australia and New Zealand and over 200 employees. Trent has a strong financial and operations background across broad industry sectors, including manufacturing, distribution, wholesaling and retail. He has also gained commercial experience in commodity futures trading and corporate recovery. Trent is an experienced company director, occupying more than 10 board positions in a variety of private companies. Trent is a member of the Audit and Compliance Committee.
| Nathan Mitchell Director Nathan Mitchell has a lifelong involvement with the drilling and resource exploration industry, throughout which time he has developed both skilled technical ability and commercial management expertise. As Chief Executive Officer of Mitchell Drilling for six years, prior to the sale of its Australian operations to Lucas Coal Technologies in August 2008, Nathan grew the company significantly - doubling its size twice in that time. Nathan also directed the company’s expansion to Indonesia and India, and more recently China, USA, and Zambia. As CEO of the privately-held Mitchell Energy Group, Nathan continues to mange these international drilling operations.
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COMPANY DATA |
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Headquarters |
Level 8 |
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300 Queen Street |
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Brisbane Qld 4000 |
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Australia |
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Telephone |
+61-7-3020-0900 |
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Fax |
+61-7-3020-0999 |
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Principal Sector |
Energy |
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Principal Industry |
Energy |
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Homepage |
www.westsidecorporation.com |
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Key Developments: WestSide Corporation Limited
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WestSide Corporation Limited (ASX:WCL) Shareholder Newsletter - December Quarter Activities Report FEB 8, 2012 09:28 - Article Views: 248 WestSide Corporation Limited (ASX:WCL) is pleased to provide a quarterly activities report for the period ended 31 December 2011. |
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WestSide Corporation Limited (ASX:WCL) Quarterly Activities Report JAN 31, 2012 14:30 - Article Views: 286 WestSide Corporation Limited (ASX:WCL) is pleased to provide a quarterly activities report for the period ended 31 December 2011. |
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WestSide Corporation Limited (ASX:WCL) Strikes Flexible Gas Market Swap Deal DEC 23, 2011 09:31 - Article Views: 537 WestSide Corporation Limited (ASX:WCL) and Meridian SeamGas joint venture partner Mitsui E&P Australia Pty Ltd (Mitsui) have today executed an agreement to fast-track access to gas to aid fulfilment of existing contracts and reduce payments to remedy shortfalls. |
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WestSide Corporation Limited (ASX:WCL) Galilee Basin Exploration Drilling Program Update DEC 14, 2011 17:09 - Article Views: 499 WestSide Corporation Ltd (ASX:WCL) advises that Galilee Basin exploration well Glenlyon 2, within ATP 974P in north western Queensland, has been drilled to 1,222 metres and intersected in excess of 10.8 metres of gross coal measured. |
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WestSide Corporation Limited (ASX:WCL) Chairmans Address to Shareholders at 2011 Annual General Meeting NOV 23, 2011 10:05 - Article Views: 751 WestSide Corporation Limited (ASX:WCL) is pleased to release the Chairman's Address to Shareholders at 2011 Annual General Meeting. |
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WestSide Corporation Limited (ASX:WCL) Second New Meridian SeamGas Well Becomes a Top Producer NOV 23, 2011 09:32 - Article Views: 563 As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Limited (ASX:WCL) is pleased to advise that a second new dual-lateral production well has joined the ranks of the top producers with the gas flow rate from Pretty Plains 10 exceeding 800,000 scf/d. |
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WestSide Corporation Limited (ASX:WCL) Galilee Basin Exploration Drilling Program Update NOV 14, 2011 10:01 - Article Views: 450 WestSide Corporation Limited (ASX:WCL) advises that Galilee Basin exploration well Glenlyon 2, within ATP 974P in north western Queensland, has spudded. |
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WestSide Corporation Limited (ASX:WCL) CEO Interview on September 2011 Quarter Results and Outlook NOV 3, 2011 10:05 - Article Views: 670 WestSide Corporation Limited (ASX:WCL) provides an audio interview where Company CEO Julie Beeby discusses: September quarter production at Meridian SeamGas and outlook, Galilee Basin exploration plans, and funding position post Mitsui E&P farm-in. |
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WestSide Corporation Limited (ASX:WCL) New Meridian SeamGas Well Becomes a Top Producer SEP 28, 2011 10:15 - Article Views: 898 As Operator of the Meridian SeamGas CSG gas fields WestSide Corporation Limited (ASX:WCL) is pleased to advise that one of the joint venture's seven new dual-lateral production well sets has become a top producer. |
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WestSide Corporation Limited (ASX:WCL) Launches Galilee Basin Grassroots Exploration Program SEP 23, 2011 09:20 - Article Views: 804 WestSide Corporation Limited (ASX:WCL) is pleased to advise that the Company's Galilee Basin exploration program has commenced with the spudding of the Glenlyon 1 exploration well within ATP 974P in north western Queensland. |
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