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Bow Energy reports initial 2P certified reserves on Don Juan CSG project


Published Jun 26, 2009
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Bow Energy reports Cooper Basin permit ATP 752P offered and accepted-Spotlight

Bow Energy Limited reports the milestone of its first 2P Coal Seam Gas (CSG) reserves certified on the Don Juan CSG Project near Roma, Queensland, with more expected next quarter as the company steps up the drilling campaign on its diversified CSG portfolio.

Bow’s CEO – Commercial, John De Stefani, said, “34PJ of gross 2P certified reserves have been independently verified from the Juandah Coal Measures, upgraded from the 192PJ of gross 3P reserves announced on March 4 from both the Juandah and Taroom Coal Measures. Further 2P certified reserve upgrades are expected from both coal measures in the September quarter 2009”.

“The Don Juan Project in the Surat Basin is where Bow achieved its first independent gas reserves certification, and we are confident of reaching our target of 100PJ of 2P gross certified reserves on that project,” added Mr De Stefani.

Tags: Bow Energy Ltd.



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