WestSide Corporation Limited (ASX:WCL) Bowen Basin Coal Seam Gas Weekly Drilling Update
Brisbane, May 21, 2010 AEST (ABN Newswire) - WestSide Corporation Limited (
ASX:WCL) continues drilling operations in its Bowen Basin coal seam gas (CSG) exploration tenements.
Current activities are focussed on WestSide's Mount Saint Martin prospect in ATP 688P. Six wells have been drilled this year, with the program now completed. The wells have tested the extent of the resource previously identified at Mount Saint Martin and a full review of the results will be undertaken. 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.
The MSM #6 appraisal well reached TD of 837m after intersecting 9.78m of net coal in the Moranbah Coal Measures. A single DST was undertaken with the results currently under evaluation.
Summary: ATP 688P coal seam gas drilling program 2010
-------------------------------------------------------------------Well Well Type Spud Date Finish Date Current Status-------------------------------------------------------------------MSM #3 Appraisal 14/01/2010 24/01/2010 Suspended for future appraisal testing.-------------------------------------------------------------------MSM #2 Appraisal 10/04/2010 20/04/2010 Suspended for future appraisal testing.-------------------------------------------------------------------MSM #5 Exploration 12/04/2010 22/04/2010 Cores desorbing. Core Hole Plugged and abandoned as planned.-------------------------------------------------------------------MSM #7 Exploration 23/04/2010 30/04/2010 Plugged and abandoned as planned.-------------------------------------------------------------------MSM #4 Appraisal 02/05/2010 10/05/2010 Suspended for future appraisal testing.-------------------------------------------------------------------MSM #6 Exploration 13/05/2010 17/05/2010 Plugging and abandoning in progress as planned-------------------------------------------------------------------Mount Exploration 22/05/2010* 04/06/2010* Awaiting rig move onLeslie Core Hole location to spud.#8 -------------------------------------------------------------------Exmoor Exploration 08/06/2010* 20/06/2010* Lease construction#9 Core Hole pending.-------------------------------------------------------------------
* Proposed dates
Forthcoming program
On completion of work at MSM #6 the rig will move to the Mount Leslie #8 site in ATP 688P. Preparations are underway to commence drilling in ATP 769P and the adjacent Dawson CSG fields which WestSide is acquiring from Anglo Coal.
For the complete WestSide Corporation announcement including figures, please view the following link:
http://www.abnnewswire.net/media/en/docs/62913-ASX-WCL-220823.pdf
Contact
Angus Karoll
Chairman and CEO
WestSide Corporation Limited
Ph: +61-7-3020-0900
www.westsidecorporation.com
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