WestSide Corporation Limited (ASX:WCL) Engages Second Rig To Accelerate Aggressive Drilling Program
WestSide Corporation Limited (ASX:WCL) Engages Second Rig To Accelerate Aggressive Drilling Program

Brisbane, April 1, 2010 AEST (ABN Newswire) - WestSide Corporation Limited (googlechartASX:WCL) expects to re-commence drilling operations in its Bowen Basin coal seam gas (CSG) exploration tenements following recent wet weather across the region.

At WestSide's promising Mount Saint Martin prospect in ATP 688P, the MSM #2 appraisal well will be drilled using the Boart Longyear TXD rig before the rig moves to Paranui (ATP 769P) to commence a four well drilling program, including Paranui wells #11, 12, 13 and 9. A further two wells - Paranui #13 and 15 - will potentially be drilled dependant on results from the first four wells in the program.

The Lucas 180 rig will commence a five-well exploration program in ATP 688P, consisting of three exploration core holes and two exploration chip holes. There is an option of a further core hole to be drilled if results dictate.

The MSM #5 core well and the MSM #6 and MSM#7 exploratory chip holes will test the extent of the resource previously identified at Mount Saint Martin. Core wells Mount Leslie #8 and Exmoor #9 will target the gas potential of new precincts in ATP 688P.

ATP 688P coal seam gas drilling program (Mount Saint Martin)

WestSide plans to resume a multi well program in ATP 688P in the northern Bowen Basin to confirm coal and gas in the P seam and Goonyella seams of the Moranbah Coal Measures.

In response to promising gas content and saturation data from the MSM #1 well, WestSide plans to drill several new wells in the region to further define the gas resource.
The first of the new wells (MSM #3) was drilled in January 2010 and encountered 27 metres of coal - significantly more than the 9 metres intersected by the MSM #1 core well.

The well identified additional, deeper coal seams that could significantly increase the Company's CSG resource in the area. New exploratory chip and core holes will be drilled to confirm the lateral extension of the target coal seams and appraise the gas contents over the wider area to extend the 3P reserves position in the ATP.

Other Activities

Seismic acquisition in ATP 688P is planned to commence on 26 April. Seismic data was acquired over 5 km at Mount Saint Martin in October and has been analysed to confirm the geological structure and now an additional 50 km of seismic has been planned over a wider area.

For the complete WestSide Corporation announcement including the ATP 688P and ATP 769P summary, please click the link below:

http://www.abnnewswire.net/media/en/docs/62550-ASX-WCL-219635.pdf

Contact

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



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