WestSide Corporation Limited (ASX:WCL) Paranui Coal Seam Gas Drilling Update
WestSide Corporation Limited (ASX:WCL) Paranui Coal Seam Gas Drilling Update

Brisbane, June 18, 2010 AEST (ABN Newswire) - WestSide Corporation Limited (googlechartASX:WCL) is drilling up to three new appraisal wells at its Paranui coal seam gas (CSG) pilot in ATP 769P near Moura in Queensland's Bowen Basin.

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 Paranui #11 well spud on 2 June 2010 and reached its final depth of 1,035m after intersecting 30 metres of gassy coal. The coal seams have been underreamed and are being cavitated further.
ATP 769P coal seam gas drilling program (Paranui)---------------------------------------------------------------------Well     Well Type  Spud Date   Finish Date  Current Status---------------------------------------------------------------------Paranui  Appraisal  02/06/2010  18/06/2010*  Drilled to 1,035m.# 11                                         Logged, coal seams                                             underreamed. Pending                                             completion of                                              cavitation activities.---------------------------------------------------------------------Paranui Appraisal  21/06/2010*  06/07/2010*  Site preparation #12                                          ongoing---------------------------------------------------------------------Paranui Appraisal  10/07/2010*  25/07/2010*  Site preparation #13                                          ongoing. (The drilling                                              of this well is                                             dependent on the results                                             of Paranui #11 and #12)---------------------------------------------------------------------
* Proposed dates

Forthcoming program

Once the cavitation of the Paranui #11 well coal seams is completed, the rig will move to the Paranui #12 site.

For the complete WestSide announcement including ATP 769P Area Of Operations Figure, please view the following link:

http://www.abnnewswire.net/media/en/docs/63117-ASX-WCL-221428.pdf

Contact

Angus Karoll
Chairman and CEO
WestSide Corporation Ltd
Ph: +61-7-3020-0900
www.westsidecorporation.com



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