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

Brisbane, July 9, 2010 AEST (ABN Newswire) - WestSide Corporation Limited (googlechartASX:WCL) is drilling three new appraisal wells at its Paranui CSG pilot in ATP 769P near Moura in Queensland's Bowen Basin. The Paranui #13 well is the last of the 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 #13 well spud on 6 July. Surface casing has been set and the well is drilling ahead at 142 metres towards its final target depth of 1,020m. The coal seams will be logged, underreamed and cavitated and the well will be suspended for later production testing.

ATP 769P coal seam gas drilling program (Paranui)
--------------------------------------------------------------Well    Well Type  Spud Date   Finish Date  Current Status--------------------------------------------------------------Paranui Appraisal  02/06/2010  19/06/2010   Suspended for#11                                         completion with                                            production testing                                            equipment.--------------------------------------------------------------Paranui Appraisal  22/06/2010  04/07/2010   Suspended for#12                                         completion with                                            production testing                                            equipment.--------------------------------------------------------------Paranui Appraisal  06/07/2010  17/07/2010*  Drilling ahead at #13                                         142 m--------------------------------------------------------------* Proposed date
Forthcoming program

Drilling will continue to the target depth and the coal seams will be logged, underreamed and cavitated. The well will be suspended for later production testing.

For the complete WestSide announcement including ATP 769P Area of Operations Map, please view the following link:
http://www.abnnewswire.net/media/en/docs/63279-ASX-WCL-221944.pdf

Contact

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



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