WestSide Corporation Limited (ASX:WCL) Completed Drilling Three New Appraisal Wells At Paranui Coal Seam Gas Program
WestSide Corporation Limited (ASX:WCL) Completed Drilling Three New Appraisal Wells At Paranui Coal Seam Gas Program

Brisbane, July 26, 2010 AEST (ABN Newswire) - WestSide Corporation Ltd (googlechartASX:WCL) has now completed 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.

Paranui #11, 12 and 13 will be placed on production test and the production 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.

Forthcoming program

The rig will move to the neighbouring WestSide-operated Meridian SeamGas field to commence drilling new production wells.

ATP 769P coal seam gas drilling program (Paranui)
------------------------------------------------------------------Well     Well Type   Spud Date    Finish Date   Current StatusParanui  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   21/07/2010    Suspended for#13                                             completion with                                                production testing                                                equipment.-------------------------------------------------------------------
For the complete WestSide announcement including ATP 769P Operations Map, please refer to the following link:

http://www.abnnewswire.net/media/en/docs/63381-ASX-WCL-222301.pdf

Contact

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



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