WestSide Corporation Limited (ASX:WCL) Update On Meridian SeamGas Exploration Reserves Expansion Drilling Program

Brisbane, April 11, 2011 AEST (ABN Newswire) - As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Limited (ASX:WCL) is pleased to advise that drilling has commenced on the MER14X exploration well in PL 94 near Moura - maintaining the current reserve expansion program's momentum.

MER14X spudded at 11.30 hours on 8 April 2011 and is drilling ahead toward a target depth of 800 metres. The well will then be logged, tested and suspended as a future monitoring well.

This is the ninth well in an exploration program designed to increase the Meridian SeamGas joint venture's gross proved and probable (2P) reserves by up to 200 petajoules.

The MER03V appraisal well, which was drilled to a target depth of 572 metres, intersected the targeted Baralaba Coal Measures and Kaloola Formation with total net coal measured exceeding 21 metres. Similarly, the MER11VR appraisal well, which was drilled to a target depth of 1,376 metres, intersected total net coal measured exceeding 22 metres.

WestSide will issue regular updates as and when appropriate as the reserves expansion exploration program progresses.

For the complete WestSide announcement including drilling program tables and maps, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/231052.pdf

Contact

Julie Beeby Chief Executive Officer WestSide Corporation Limited Tel: +61-7-3020-0900 Richard Owen Investor & Community Relations Manager WestSide Corporation Limited Tel: +61-7-3020-0900 Mob: +61-412-869-937 Email: richard.owen@westsidecorporation.com