Westside Corporation – acquires two major exploration tenements
Westside Corporation is reasonably new on the Coal Seam Gas scene in Queensland, and is well positioned to take advantage of the potential value of its resources in the Bowen Basin - from marketing opportunities to downstream industrial applications and access to Australia’s domestic east coast gas market.
WestSide has interests in CSG projects in Queensland with an exploration and appraisal program currently underway at the Paranui and Tilbrook pilots in Queensland’s Bowen Basin, with a total of 211 Petajoules of Proved, Probable and Possible gas reserves certified in the initial pilot areas.
In early September, the Company announced that they had additional major exploration acquisitions; two tenements in the Galilee Basin in Queensland of some 14,000m2 with a potential 21 trillion cubic feet of gas. They are proposing to issue 3.5m shares to fund additional exploration.
On the 16 October, Westside kicked off the second stage of its 2009 CSG drilling program using a newly commissioned, state-of-the-art drilling rig. Exploration in two new exploration tenements in Queensland's Galilee Basin is expected to commence in 2010.
Westside is actively seeking expressions of interest from people who may be looking for employment or consulting / contracting opportunities in the areas of Geology, Petroleum Engineering, Project Engineering, Drilling, Well and Field Development, Commercial and Operational Management.
If you are interested in registering your availability for a position in the company, write or email your details to Westside at:
Level 9, 545 Queen Street, Brisbane 4000
Ph: 07 3020 0900 or Fax: 07 3831 1390
Email: info@westsidecorporation.com