Westside Corporation Limited Information

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, with a total of 211 Petajoules of Proved, Probable and Possible gas reserves certified in the initial pilot areas. Exploration in two new exploration tenements in Queensland's Galilee Basin is expected to commence in 2010. 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. WestSide is in the process of acquiring a 51% interest in the producing Dawson Seamgas gas fields in the Bowen Basin. This company-transforming deal will see WestSide producing gas with new joint venturer, Mitsui by mid-2010. .Ref source: www.westsidecorporation.com