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 - March Quarter Activites Report MAY 9, 2012 11:47 - Article Views: 1,094 WestSide Corporation Limited (ASX:WCL) is pleased to provide a Quarterly Activities Report for the period ended 31 March 2012. |
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WestSide Corporation Limited (ASX:WCL) Quarterly Activities Report APR 30, 2012 17:07 - Article Views: 873 WestSide Corporation Limited (ASX:WCL) is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012. |
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WestSide Corporation Limited (ASX:WCL) Presentation - RBS Morgans Unconventional Oil and Gas Day APR 18, 2012 08:27 - Article Views: 1,039 WestSide Corporation Limited (ASX:WCL) is pleased to provide a presentation regarding the RBS Morgans Unconventional Oil &Gas Day. |
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WestSide Corporation Limited (ASX:WCL) March Production Up 22.4% on Last Year as New Wells Ramp Up APR 17, 2012 08:23 - Article Views: 273 WestSide Corporation Limited (ASX:WCL) is pleased to advise that March quarter production at Meridian SeamGas was up 10.6 per cent on the December quarter as new Meridian wells continued ramping up and work overs showed results. |
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WestSide Corporation Limited (ASX:WCL) $25.4m Offer Closes Oversubscribed APR 12, 2012 12:49 - Article Views: 434 WestSide Corporation Limited (ASX:WCL) is pleased to announce that the Company's fully-underwritten, 2-for-5 pro rata non-renounceable Entitlement Offer and Top Up Facility ("Offer") at A$0.25 per share, raising $25.4 million, has closed well oversubscribed. |
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WestSide Corporation Limited (ASX:WCL) Meridian Executes Beneficial Legacy Well Agreement With Mine APR 3, 2012 17:25 - Article Views: 2,189 As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Limited (ASX:WCL) advises that the Meridian SeamGas joint venture and the owners of the adjacent Dawson coal mine (the "Coal Party") have signed an agreement to optimise management of five well-sets located within a co-development area of the mining lease. |
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WestSide Corporation Limited (ASX:WCL) Entitlement Offer Ancillary Documents MAR 22, 2012 17:10 - Article Views: 1,515 Following release of the Offer Booklet to ASX this morning, please find attached copies of the following ancillary documents relating toWestSide Corporation Limited's (ASX:WCL) entitlement offer ("Offer") announced on 8 March, 2012. |
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WestSide Corporation Limited (ASX:WCL) Presentation - Excellence in Oil and Gas Conference, Sydney MAR 21, 2012 08:30 - Article Views: 2,129 WestSide Corporation Limited (ASX:WCL) Presentation - Excellence in Oil and Gas Conference, Sydney |
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WestSide Corporation Limited (ASX:WCL) Production From New Meridian Well Reaches 1 Million scf/day MAR 20, 2012 09:22 - Article Views: 520 As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Limited (ASX:WCL) is pleased to advise that gas has been flowing from Pretty Plains 10 - one of seven new dual-lateral production wells - at a rate of more than 1,000,000 scf/d. |
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WestSide Corporation Limited (ASX:WCL) Letter to Shareholders - Announcement of 2-for-5 Entitlement Offer To Raise Approximately A$25.4 Million MAR 9, 2012 12:22 - Article Views: 471 On 8 March 2012 WestSide Corporation Limited (ASX:WCL) announced a non-renounceable pro rata entitlement offer to raise approximately A$25.4 million ("Offer"). Eligible WestSide shareholders will be entitled to subscribe for 2 new fully paid ordinary shares in WestSide ("New Shares") for every 5 WestSide ordinary shares they hold for an issue price of A$0.25 per New Share. |
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