WestSide Corporation Limited (ASX:WCL) Provides A Drilling Update On The Paranui Coal Seam Gas Wells, Bowen Basin Queensland
Sydney, July 5, 2010 AEST (ABN Newswire) - WestSide Corporation Limited (
ASX:WCL) is drilling three new appraisal wells at its Paranui CSG pilot in ATP 769P near Moura in Queensland's Bowen Basin. The Paranui #12 well is the second 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 Paranui #12 well has been drilled to its final depth of 1,050 metres and has intersected 27 metres of net coal in the Baralaba Coal Measures. The coal seams have been underreamed and cavitated and the well has been suspended for later production testing.
ATP 769P coal seam gas drilling program (Paranui)----------------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status----------------------------------------------------------------------Paranui#11 Appraisal 2 June 2010 19 June 2010 Suspended for completion with production testing equipment.----------------------------------------------------------------------Paranui#12 Appraisal 22 June 2010 4 July 2010 Suspended for completion with production testing equipment.----------------------------------------------------------------------Paranui#13 Appraisal 5 July 2010* 17 July 2010* Rig moving to site----------------------------------------------------------------------* Proposed dates
Forthcoming program
The rig will move to the Paranui #13 well site to commence drilling operations.
Contact
Angus Karoll
Chairman and CEO
WestSide Corporation Ltd
Tel: +61-7-3020-0900
www.westsidecorporation.com
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