Brisbane, Australia (ABN Newswire) - The Board of WestSide Corporation Limited ("WestSide") (ASX:WCL) (OTCMKTS:WBRIF) has extended the share trading "closed period" for key management personnel (including Directors) and employees until the time that the Company's Target's Statement is issued in response to the conditional takeover offer from Landbridge Energy Australia Pty Ltd (Landbridge), a wholly owned subsidiary of Landbridge Group Co., Ltd.

Under WestSide's Securities Trading Policy, key management personnel and employees are prohibited from dealing in the Company's securities during "closed periods".



About WestSide Corporation Limited:

WestSide Corporation Limited is an ASX-listed company (ASX:WCL) (OTCMKTS:WBRIF) with gas production, significant gas reserves and exploration interests in Queensland.

WestSide operates the Meridian SeamGas gas fields west of Gladstone in Queensland’s Bowen Basin. The Meridian gas fields comprise a range of CSG assets including a petroleum lease, gas rights in mining leases and gas compression and pipeline infrastructure connected to Queensland’s commercial gas network.

WestSide holds a 51% interest in the fields with Mitsui E&P Australia Pty Ltd holding the remaining 49%. The Meridian joint venture has executed a binding 20-year gas sales agreement with the GLNG Project at Gladstone to supply up to 65 Terrajoules of gas a day from 2015 at prices based on an oil-linked formula from 2016.

Elsewhere in the Bowen Basin, WestSide is currently operating an exploration and appraisal program at the ATP 769P (Paranui) and ATP 688P (Tilbrook and Mount Saint Martin) sites. WestSide holds a 25.5% interest in the tenements with Mitsui E&P Australia Pty Ltd (24.5 %) and QGC (50%).

Additional information is available on WestSide’s website: www.westsidecorporation.com



Source:

WestSide Corporation Limited



Contact:

WestSide Corporation Ltd
Mike Hughes
Managing Director and CEO
Tel: +61-7-3020-0900

WestSide Corporation Ltd
Damian Galvin
Company Secretary
Tel: +61-7-3020-0900