WCL 0.00% 39.5¢ westside corporation limited

the forgotten coal seam gas play

  1. sle
    10,717 Posts.
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    A snippet from their March Quarterly
    Bowen Basin
    Over coming months WestSide Corporation Limited (ASX Code: WCL) will focus on production testing at the Paranui and Tilbrook coal seam gas (CSG) projects in central Queensland’s Bowen Basin.
    The four-well Tilbrook pilot includes two appraisal wells (Tilbrook #7 and #8) and two observer wells (Tilbrook #4 and #6). The two appraisal wells are currently being
    subjected to an extended production test, with reservoir pressure and differential seam production monitored from the observation wells.
    A new drilling contractor has been appointed to drill the final two appraisal wells forming part of the four-well Paranui program in ATP 769P. The wells are scheduled
    to be drilled by the end of June.
    The Paranui pilot will include three appraisal wells (Paranui #4, #5R and #6R) and an observer well (Paranui #7). Two of the appraisal wells will be subjected to fracture
    stimulation, with the first of these tests conducted in late April. All three appraisal wells will undergo extended production tests when completed.
    Indonesia
    WestSide and its joint venture partner PT Bumi Resources are making further progress with their Indonesian venture during the current quarter, with ongoing acquisition and analysis of data for the Project Definition Study to assess the CSG
    prospects at the Kaltim Prima Coal mine site.
    A jointly-owned company, PT Seamgas Indonesia, has been established in Indonesia to conduct exploration and appraisal activities. Local and expatriate staff are
    currently being recruited to support field operations.
    Rang the company and apparently no one in the office as on site as we speak.
 
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