WestSide Corporation Limited Updates On Expansion Exploration Drilling Of Meridian Reserves in The Bowen Basin

As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Ltd is pleased to advise that drilling of the MER08V pilot production well in PL 94 near Moura in the Bowen Basin has commenced.
The MER08V well is the fourth in a an exploration program designed to increase the Meridian SeamGas joint venture's gross proved and probable (2P) reserves by up to 200 petajoules.
The well spudded at 18:00 hours on 22 January 2011 with EastCore's EC1 rig drilling ahead toward a final depth of 550 metres, targeting the Baralaba Coal Measures and Kaloola Formation. The well is being air-drilled to test for productivity improvements.
WestSide will issue regular updates as and when appropriate as the reserves expansion exploration program progresses.
Source: Press release