bowen deep gas sands

Hi all,

just a quick heads up on a new early stage play that Westside has some interest in.

QGC has done a bit of work on a tight gas play in deeps sands of the Bowen Basin. BG Group's latest presentation shows the Paranui tenement that Westside has an interest in as being part of the play. They're planning to drill and fracc four wells next year (although probably not in Westside acreage) and see it as having the potential to supply to a third QCLNG train. Obviously it's a longer term thing but could be good for Westside down the track.

see slide 18 here:
http://www.bg-group.com/Strategy/Documents/BG-Exploration-LNG-Update-Presentation.pdf

and page 9 here
http://www.bg-group.com/Strategy/Documents/BG-Exploration-Transcript.pdf

best
kappa