WestSide Corporation Limited (ASX:WCL) Weekly Drilling Report
Brisbane, April 23, 2010 AEST (ABN Newswire) - WestSide Corporation Ltd (ASX:WCL) continues drilling operations in its Bowen Basin coal seam gas (CSG) exploration tenements.
At WestSide's promising Mount Saint Martin prospect in ATP 688P, the MSM #2 appraisal has been drilled using the Boart Longyear (ASX:BLY) TXD rig. The rig will move to MSM #4 and then Paranui (ATP 769P) to commence a three well drilling program, including Paranui wells #11, 12 and 9. A further two wells - Paranui #13 and 15 - will potentially be drilled dependant on results from the first wells in the program.
The Lucas 180 rig has commenced a five-well exploration program in ATP 688P, consisting of three exploration core holes and two exploration chip holes. There is an option of a further core hole to be drilled if results dictate.
The MSM #5 core well and the MSM #6 and MSM#7 exploratory chip holes will test the extent of the resource previously identified at Mount Saint Martin. Core wells Mount Leslie #8 and Exmoor #9 will target the gas potential of new precincts in ATP 688P.
ATP 688P coal seam gas drilling program (Mount Saint Martin)
WestSide is conducting a multi well program in ATP 688P in the northern Bowen Basin to confirm coal and gas in the P seam and Goonyella seams of the Moranbah Coal Measures.
Drill Stem Testing of three seams at the MSM #2 well was completed during the week, with results currently being analysed. The well has been cased and suspended for future production testing. The MSM #5 well was cored to a depth of 479m, intersecting 12m of net coal. Intrusions at this site have impacted the net coal levels. Coal cores will be desorbed over coming weeks and the well has been plugged and abandoned as planned.
Summary: ATP 688P coal seam gas drilling program 2010---------------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status---------------------------------------------------------------------MSM #3 Appraisal 14 Jan 2010 24 Jan 2010 Suspended pending further development.---------------------------------------------------------------------MSM #2 Appraisal 10 Apr 2010 20 Apr 2010 Drilled to 680m, logged showing 20m of net coal and 3 seams DST tested (to be analysed). Cased and suspended for future appraisal testing.---------------------------------------------------------------------MSM #5 Exploration 12 Apr 2010 22 Apr 2010 Cored to 479m, logged Core Hole showing 12m of net coal. Plugged and abandoned------------------------------------------------------------------------------------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status---------------------------------------------------------------------MSM #7 Exploration 23 Apr 2010 28 Apr 2010* Waiting on weather to spud.---------------------------------------------------------------------MSM #4 Appraisal 29 Apr 2010* 8 May 2010* Awaiting crew break.---------------------------------------------------------------------MSM #6 Exploration 30 Apr 2010* 6 May 2010 Lease construction pending.---------------------------------------------------------------------Mount Exploration 8 May 2010* 20 May 2010* Lease constructionLeslie#8 Core Hole pending.---------------------------------------------------------------------Exmoor#9 Exploration 22 May 2010* 4 Jun 2010* Lease construction Core Hole pending.---------------------------------------------------------------------* Proposed dates
ATP 769P coal seam gas drilling program (Paranui)
The Paranui wells are designed to improve well deliverability and test the flow potential of deeper coals.
Summary: ATP 769P coal seam gas drilling program 2010-----------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status-----------------------------------------------------------------Paranui Appraisal 1 May 2010* 10 May 2010* Awaiting suitable#11 ground conditions.-----------------------------------------------------------------Paranui Appraisal 12 May 2010* 22 May 2010* Awaiting suitable#12 ground conditions.-----------------------------------------------------------------Paranui Exploration 24 May 2010* 6 Jun 2010* Awaiting suitable#9 Core Hole ground conditions.-----------------------------------------------------------------Paranui Exploration 8 Jun 2010* 18 Jun 2010* Lease construction#15 pending suitable ground conditions.-----------------------------------------------------------------Paranui Contingent 20 Jun 2010* 30 Jun 2010* Awaiting results#13 before decision.-----------------------------------------------------------------* Proposed dates
Other Activities
Seismic acquisition in ATP 688P is planned to commence on 26 April. Seismic data was acquired over 5 km at Mount Saint Martin in October and has been analysed to confirm the geological structure and now an additional 50 km of seismic has been planned over a wider area.
Contact
Angus Karoll
Chairman and Acting CEO
WestSide Corporation Limited
Tel: +61-07-3020-0900
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