State-Of-The-Art Schramm TXD Drilling Rig Launches WestSide Corporation Limited's (ASX:WCL) New Coal Seam Gas (CSG) Drilling Campaign

Brisbane, Oct 16, 2009 AEST (ABN Newswire) - WestSide Corporation Limited (ASX:WCL) has kicked-off the second stage of its 2009 coal seam gas (CSG) drilling program using a newly-commissioned, state-of-the-art drilling rig. The Schramm TXD rig today spud the Tilbrook #9a exploration well.

The Tilbrook #9a well is the first well in the expanded drilling program which will include up to 16 new holes planned for the Company's two Bowen Basin tenements, ATP 688P (Tilbrook, Mount Saint Martin and Bald Hills) and ATP 769P (Paranui).

The Schramm rig is one of the largest dedicated CSG rigs in Australia and provides industry-leading efficiency in terms of drilling rate and logistics. The rig is operated and maintained by experienced international drilling company, Boart Longyear.

WestSide Corporation Chairman and Acting-CEO Angus Karoll said as the Company moves into its next phase of exploration and appraisal in Queensland's Bowen and Galilee Basins the Schramm TXD rig will allow WestSide to achieve greater efficiency and control over its programs.

"Having the option to call on our own rig will reduce our exposure to increasing drilling costs and market pressures," Mr Karoll said.

"Our team has worked diligently over recent months to ensure the rig has been commissioned to highest standards of safety and operability."

Additionally, the rig will be available for use by other industry participants at commercial leasing rates when the rig is not in use on WestSide's projects.

The Tilbrook #9a exploration well will confirm the depth and thickness of the "P" coal seam as a precursor to the drilling of WestSide's second dual-lateral CSG appraisal well at its Tilbrook pilot in ATP 688P, south of Collinsville.

WestSide will provide regular weekly drilling updates during the drilling campaign.

Contact

WestSide Corporation Ltd Angus Karoll Chairman and Acting CEO TEL: +61-7-3020-0900