WestSide Corporation Limited's (ASX:WCL) (OTCMKTS:WBRIF) board of directors has carefully considered the conditional offer for $0.40 per WestSide share contained in the Bidder's Statement and is of the view that it does not represent fair value for the Company.
WestSide Corporation Limited (ASX:WCL) (OTCMKTS:WBRIF) is pleased to advise that a contract to sell the Company's Schramm drilling rig has settled following receipt of a total consideration of $3.5 million.
Towards the end of the quarter WestSide Corporation Limited (ASX:WCL) executed a binding 20-year gas sales agreement with the GLNG project
The Board of WestSide Corporation Limited ("WestSide") (ASX:WCL) has extended the share trading "closed period" for key management personnel (including Directors) and employees until the time that the Company's Target's Statement is issued in response to the conditional takeover offer from Landbridge Energy Australia Pty Ltd (Landbridge), a wholly owned subsidiary of Landbridge Group Co., Ltd.
Landbridge Energy Australia Pty Ltd (Landbridge), a wholly owned subsidiary of Landbridge Group Co., Ltd delivered a Bidder's Statement to WestSide Corporation Limited (ASX:WCL) (OTCMKTS:WBRIF) following the close of the market on Thursday 24 April 2014.
WestSide Corporation Limited (ASX:WCL) (OTCMKTS:WBRIF), a unique company with producing assets, a binding gas sale agreement and significant additional uncommitted reserves.
As Operator of the Meridian gas fields near Moura in Queensland's southern Bowen Basin, WestSide Corporation Ltd (ASX:WCL)(OTCMKTS:WBRIF) is pleased to advise that the first phase of the field's expansion is on track to start within one month when drilling commences on the first well of a six-well program.
