WestSide Corporation Limited

 ASX:WCL ISIN:AU000000WCL0

June 20, 2013

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WestSide Corporation Limited Company Summary

 WestSide Corporation Limited is an ASX-listed company (ASX code: WCL) 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 13,280 sq km, with Mitsui E&P Australia Pty Ltd holding the remaining 49% in each.

Additional information is available on WestSide’s website: www.westsidecorporation.com
 

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.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Level 8 
    300 Queen Street 
    Brisbane Qld 4000 
    Australia 
Company Telephone +61-7-3020-0900 
Company Fax +61-7-3020-0999 
Company Principal Sector Energy 
Company Principal Industry Energy 
Company Homepage www.westsidecorporation.com
 

Key Developments: WestSide Corporation Limited
 WestSide Corporation Limited (ASX:WCL) Strategic Review Implementation
JUNE 19, 2013 09:33 - Article Views: 183
WestSide Corporation Limited (ASX:WCL) has undertaken a strategic review of the business following the withdrawal of PetroChina International Investment Company Limited's (PetroChina) non-binding proposal to acquire 100 per cent of the Company.
 WestSide Corporation Limited (ASX:WCL) Indicative Takeover Proposal Withdrawn
MAY 14, 2013 15:18 - Article Views: 683
WestSide Corporation Limited (ASX:WCL) has been advised by PetroChina International Investment Company Limited (PetroChina), which submitted an indicative, non-binding proposal to acquire 100 per cent of the shares in WestSide on 19 November 2012, that it will not proceed with the proposal.
 WestSide Corporation Limited (ASX:WCL) Shareholder Letter - Quarterly Activities Report
MAY 8, 2013 17:14 - Article Views: 597
During the March quarter WestSide Corporation Limited (ASX:WCL) engaged with independent certifer MHA Petroleum Consultants LLC to deliver another substantial increase in the Company's net certifed reserves across all categories including a 34.5% increase in Proved and Probable (2P) reserves to 347 PJ.
 WestSide Corporation Limited (ASX:WCL) Quarterly Activities Report
APR 30, 2013 13:26 - Article Views: 386
During the March quarter WestSide Corporation Limited (ASX:WCL) engaged with independent certifier MHA Petroleum Consultants LLC to deliver another substantial increase in the Company's net certified reserves across all categories including a 34.5% increase in Proved and Probable (2P) reserves to 347 PJ(1).
 WestSide Corporation Limited (ASX:WCL) Indicative Takeover Proposal Update
MAR 5, 2013 10:47 - Article Views: 688
WestSide Corporation Limited (ASX:WCL) advises that discussions are continuing with parties which have expressed an interest in entering into material transactions with the company, including the potential acquisition of 100% of the shares in WestSide.
 WestSide Corporation Limited (ASX:WCL) Gas Reserves Substantially Upgraded With Total 2P Reserves Up 34.5%
FEB 12, 2013 10:13 - Article Views: 563
WestSide Corporation Limited (ASX:WCL) is pleased to announce a significant upgrade to its certified reserves after receiving a new reserves report on the Meridian SeamGas CSG gas field near Moura in Queensland's Bowen Basin.
 WestSide Corporation Limited (ASX:WCL) Indicative Takeover Proposal Update
JAN 8, 2013 09:53 - Article Views: 751
WestSide Corporation Limited (ASX:WCL) advises that it is continuing to progress discussions with the party which submitted an indicative, conditional, non-binding and confidential proposal on 19 November 2012.
 WestSide Corporation Limited (ASX:WCL) Indicative takeover proposal update
DEC 12, 2012 10:00 - Article Views: 624
WestSide Corporation Limited (ASX:WCL) advises that the party from which the Company received an indicative, conditional, non-binding and confidential proposal on 19 November 2012, has requested and been granted additional time to conclude due diligence.
 WestSide Corporation Limited (ASX:WCL) Annual General Meeting - CEO's Presentation
NOV 22, 2012 10:27 - Article Views: 777
WestSide Corporation Limited (ASX:WCL) are pleased to provide the CEO's Presentation at the Annual General Meeting 2012.
 WestSide Corporation Limited (ASX:WCL) Chairman's Address to Shareholders
NOV 22, 2012 10:19 - Article Views: 718
WestSide Corporation Limited (ASX:WCL) are pleased to provide the Chairman's Address to Shareholders at the Annual General Meeting 2012.

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Company Reports

WestSide Corporation Limited (ASX:WCL) Quarterly Cashflow Report
WestSide Corporation Limited (ASX:WCL) Appendix 3B
WestSide Corporation Limited (ASX:WCL) Exercise and expiry of options
WestSide Corporation Limited (ASX:WCL) Exercise of Options and expiry/release of Performance Rights
WestSide Corporation Limited (ASX:WCL) Appendix 3B
WestSide Corporation Limited (ASX:WCL) Annual General Meeting - Results of Meeting
WestSide Corporation Limited (ASX:WCL) LNG: Westside Corporation Limited
WestSide Corporation Limited (ASX:WCL) Trading Halt Request
WestSide Corporation Limited (ASX:WCL) Trading Halt
WestSide Corporation Limited (ASX:WCL) Ceasing to be a substantial holder

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