WHT Westside Energy Corp.

HOUSTON, July 17 /PRNewswire-FirstCall/ -- Westside Energy Corporation (AMEX:WHT), an oil and gas company with operations focused on the acquisition, exploration and development of natural gas in the Barnett Shale play in North Texas, today announced that it has entered into a joint exploration agreement with a large US-based independent oil and gas producer for the purpose of jointly drilling and developing approximately 17,000 gross (13,600 net) acres in Hill County. The two companies will assign to each other 50% interests in certain of their respective acreage positions and will each act as the operator for wells drilled on their respective assigned acreage. The rig for the first joint well has commenced drilling. Management Comment Douglas G. Manner, Westside's Chief Executive Officer said: "We are excited to have increased our exposure in Hill County to approximately 17,000 acres. Our multi-well, Hill County drilling program was kicked off by the recent spudding of the Westside-operated Primula #1 horizontal well." About Westside Energy Corporation Houston-based Westside Energy is an oil and gas company focused on developing its 83,393 gross (66,139 net) acres in the prolific Barnett Shale trend in North Texas. For more information about Westside Energy, please visit the Company's website -- http://www.westsideenergy.com/. Forward-Looking Statements Certain statements in this news release regarding future expectations, plans for acquisitions and dispositions, oil and gas reserves, exploration, development, production and pricing may be regarded as "forward-looking statements" within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as operating hazards, drilling risks, the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company's periodic reports and other documents filed with the SEC. Actual results may vary materially. DATASOURCE: Westside Energy Corporation CONTACT: Sean J. Austin, CFO of Westside Energy Corporation, +1-713-979-2660, ext. 206 Web site: http://www.westsideenergy.com/

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