Westside Coporation announced the major acquisition of two exploration tenements in the north west of Queensland's booming Galilee Basin covering more than 14,000 square kilometres and believed to contain up to 21 Trillion feet of gas.
There is a proposal on the table to issue 3.5 Million Westside Shares to fund the acquisition and joining me now is Angus Karoll, Chairman and CEO of Westside.
In terms of coal seam gas, Queensland's Galilee Basin really is shaping up to be the Texas at the beginning of the oil boom with some very major players in the area.
To hear interview: http://www.abnnewswire.net/multimedia/en/61381/Westside_Corporation_ASX_WCL.html
Please Visit the Hydrocarbons Australia Website: http://www.hydrocarbonsaustralia.com/
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