WestSide Corporation Limited (ASX:WCL) Paranui CSG Pilot Expansion Commenced
Brisbane, June 11, 2010 AEST (ABN Newswire) - WestSide Corporation Ltd (
ASX:WCL) has commenced the expansion of its Paranui coal seam gas (CSG) pilot in ATP 769P near Moura in Queensland's Bowen Basin, with the spud of the Paranui #11 appraisal well. The Paranui #11 well is the first of three appraisal wells which will aim to test gas and water flow rates from the Baralaba coal seams.
Selected coal seams in the three new appraisal wells - Paranui #11, 12 and 13 will be underreamed and cavitated before the wells are completed for testing of gas and water flows. The performance of these cavitated vertical wells will be compared to the results from the existing three Paranui pilot wells which were subjected to fracture stimulation treatments.
The wells will be located in the vicinity of the Paranui #10 core well which intersected 25 metres of net coal in 2009.
A new core well, Paranui #14 is planned to test the extent of coal to the south west of the pilot wells later in the year.
The Paranui #11 well spud on 2 June 2010 and has been drilled to its final depth of 1,035m. Coal seams are currently being underreamed.
ATP 769P coal seam gas drilling program (Paranui)
------------------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status------------------------------------------------------------------------Paranui Appraisal 02/06/2010 17/06/2010* Drilled to 1,035m. # 11 Pending completion of logging, underreaming and cavitation activities.------------------------------------------------------------------------Paranui Appraisal 21/06/2010* 06/07/2010* Site preparation ongoing#12------------------------------------------------------------------------Paranui Appraisal 10/07/2010* 25/07/2010* Site preparation ongoing#13 (The drilling of this well is dependent on the results of Paranui #11 and #12)------------------------------------------------------------------------
* Proposed dates
Forthcoming program
The Paranui #11 well will be logged with all coal seams to be underreamed and then cavitated.
ATP 688P coal seam gas drilling program (Mount Saint Martin and Mount Leslie)
WestSide has now completed its drilling program in ATP 688P. Six wells were drilled to test the extent of the resource previously identified in the Moranbah Coal Measures at Mount Saint Martin and a full review of the results is currently being undertaken.
The final well of the program, the Mount Leslie #8 core well targeted the gas potential of a new precinct to the south of Mount Saint Martin in ATP 688P. The Mount Leslie #8 well spud on 21 May 2010 and reached a depth of 515.3 metres on 28th May 2010 after intersecting 1.52 metres of net coal. All of the Moranbah Coal seams were heat affected at this location.
Summary: ATP 688P coal seam gas drilling program 2010
-----------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status-----------------------------------------------------------------MSM #3 Appraisal 14/01/2010 24/01/2010 Suspended for future appraisal testing.-----------------------------------------------------------------MSM #2 Appraisal 10/04/2010 20/04/2010 Suspended for future appraisal testing.-----------------------------------------------------------------MSM #5 Exploration 12/04/2010 22/04/2010 Cores desorbing. Core Hole Plugged and abandoned as planned.------------------------------------------------------------------MSM #7 Exploration 23/04/2010 30/04/2010 Plugged and abandoned as planned.------------------------------------------------------------------MSM #4 Appraisal 02/05/2010 10/05/2010 Suspended for future appraisal testing.------------------------------------------------------------------MSM #6 Exploration 13/05/2010 17/05/2010 Plugged and abandoned as planned.------------------------------------------------------------------Mount Exploration 21/05/2010 28/05/2010 Plugged and abandoned Leslie Core Hole as planned.#8------------------------------------------------------------------
For the complete WestSide announcement including ATP 769P Area Of Operations Figure, please view the following link:
http://www.abnnewswire.net/media/en/docs/63061-ASX-WCL-221313.pdf
Contact
Angus Karoll
Chairman and CEO
WestSide Corporation Ltd
Ph: +61-7-3020-0900
www.westsidecorporation.com
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