Energy - Brisbane, QLD, AU
WestSide Corporation Pty Ltd is a Brisbane based gas producer with gas production, significant reserves and exploration interests in Queensland.WestSide operates the Meridian gas fields 160km west of Gladstone in Queensland's Bowen Basin in joint venture with Mitsui E&P Australia. The Company holds a 51 per cent interest with Mitsui E&P Australia holding the remaining 49 per cent.The Meridian joint venture executed a binding 20-year gas sales agreement in March 2014 with the GLNG project at Gladstone for the sale of up to 65 Terajoules a day at market prices based on an oil-linked formula - underpinning a staged field expansion to increase production.From 2015, Meridian will be connected to both the domestic market through it's existing connection to the Queensland Gas Pipeline and a new connection directly to the GLNG pipeline taking gas to Gladstone.WestSide also holds 25.5 per cent joint venture interests with QGC and Mitsui E&P Australia in other projects with exploration and appraisal programs currently underway at the Paranui, Tilbrook and Mount Saint Martin pilots in Queensland's Bowen Basin..Ref source: www.westsidecorporation.com
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Westside Corporation Limited is a leading energy company based in Brisbane, Australia. With a focus on gas production, significant reserves, and exploration interests in Queensland, the company operates the Meridian gas fields 160km west of Gladstone in the Bowen Basin. The company holds a 51% interest in the joint venture with Mitsui E&P Australia, who holds the remaining 49%. The Meridian joint venture has executed a binding 20-year gas sales agreement with the GLNG project at Gladstone for the sale of up to 65 Terajoules a day at market prices based on an oil-linked formula, underpinning a staged field expansion to increase production. In addition to its gas production, Westside Corporation Limited also holds 25.5% joint venture interests with QGC and Mitsui E&P Australia in other projects with exploration and appraisal programs currently underway at the Paranui, Tilbrook and Mount Saint Martin pilots in Queensland's Bowen Basin. The company's strong leadership team, including Brendan Madden - CFO, and Fan
WestSide Corporation is a company that produces gas in Queensland, Australia. They have a lot of gas and land to explore for more gas. They work with another company called Mitsui E&P Australia to produce gas from a place called the Meridian gas fields. They sell most of their gas to a project called GLNG at Gladstone. They have a contract to sell up to 65 Terajoules of gas per day for 20 years. They also have other projects with QGC and Mitsui E&P Australia. They are exploring for more gas in the Bowen Basin.