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Sydney, April 29, 2010 (ABN Newswire) - FINANCE VIDEO: Westside Corporation (
ASX:WCL) CEO Angus Karoll Speaks at Resourceful Events Oil and Gas Conference.
WestSide Corporation Limited (ASX code: WCL) has interests in coal seam gas (CSG) projects in Queensland and Indonesia.
The Company is well positioned to take advantage of the potential value of its resources from marketing opportunities to downstream industrial applications and access to Australia’s domestic east coast gas market.
WestSide has interests in CSG projects in Queensland with an exploration and appraisal program currently underway at the Paranui and Tilbrook pilots in Queensland’s Bowen Basin, with a total of 211 Petajoules of Proved, Probable and Possible gas reserves certified in the initial pilot areas.
Exploration in two new exploration tenements in Queensland's Galilee Basin is expected to commence in 2010.
View The Video Link Here:
http://www.abnnewswire.net/multimedia/en/62726/Westside-Corporation
ASX:WCL) CEO Angus Karoll Speaks at Resourceful Events Oil and Gas Conference.WestSide Corporation Limited (ASX code: WCL) has interests in coal seam gas (CSG) projects in Queensland and Indonesia.
The Company is well positioned to take advantage of the potential value of its resources from marketing opportunities to downstream industrial applications and access to Australia’s domestic east coast gas market.
WestSide has interests in CSG projects in Queensland with an exploration and appraisal program currently underway at the Paranui and Tilbrook pilots in Queensland’s Bowen Basin, with a total of 211 Petajoules of Proved, Probable and Possible gas reserves certified in the initial pilot areas.
Exploration in two new exploration tenements in Queensland's Galilee Basin is expected to commence in 2010.
View The Video Link Here:
http://www.abnnewswire.net/multimedia/en/62726/Westside-Corporation
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About WestSide Corporation Limited
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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