The Industry

In a relatively short space of time, the Coal Seam Gas industry has arrived on the Australian energy scene, as a new, vibrant and viable energy source. Queensland in particular has a growing demand for energy for power generation and industrial applications as well as for methane as a chemical production feedstock. A number of LNG export facilities are planned for construction in Gladstone.

 

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Westside Corporation Limited

WestSide

WestSide Corporation Limited (ASX code: WCL) has interests in coal seam gas (CSG) projects in Queensland and Indonesia.

 

The Company is well positioned to take advantage of the potential value of its resources 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.

 

The Company is also assessing the CSG potential of coal deposits in Indonesia through its relationship with PT Bumi Resources TBK, one of Indonesia’s largest coal miners.

 

Goals:

  • Certification of gas reserves in the Bowen Basin - initial certification planned for mid 2009
  • Secure Petroleum Leases over Bowen Basin properties by mid 2010
  • Expansion of CSG asset base
  • Secure CSG permits at the Kaltim Prima Coal mine in Indonesia