Brisbane-based Bow Energy Ltd (ASX: BOW) has delivered an Initial 2P Certified Gas Reserves estimate for its Blackwater CSG Field located approximately 250 km west of Gladstone, exceeding gas reserve requirements to underpin Bow’s Blackwater Power Project. “We are pleased to have achieved initial 2P gas reserves sufficient to supply gas over the projected 20 year life of the Blackwater Power Project," John De Stefani, CEO of Bow said today. "This initial certification represents the first step in delivering Bow’s end of year 2P reserves target of 450PJ," he said. Bow is continuing to drill additional appraisal wells on the Blackwater CSG Field to be followed by appraisal drilling on the adjacent Comet CSG Field. Work is progressing in the vicinity of the 2P reserves area and commissioning the first wells of the 12 well pilot production program on the Blackwater CSG Field for gas supply to the Blackwater Power Station later this year.

Brisbane-based Bow Energy Ltd (ASX: BOW) has delivered an Initial 2P Certified Gas Reserves estimate for its Blackwater CSG Field located approximately 250 km west of Gladstone, exceeding gas reserve requirements to underpin Bow’s Blackwater Power Project.
“We are pleased to have achieved initial 2P gas reserves sufficient to supply gas over the projected 20 year life of the Blackwater Power Project," John De Stefani, CEO of Bow said today.
"This initial certification represents the first step in delivering Bow’s end of year 2P reserves target of 450PJ," he said.
Bow is continuing to drill additional appraisal wells on the Blackwater CSG Field to be followed by appraisal drilling on the adjacent Comet CSG Field.
Work is progressing in the vicinity of the 2P reserves area and commissioning the first wells of the 12 well pilot production program on the Blackwater CSG Field for gas supply to the Blackwater Power Station later this year.

http://www.proactiveinvestors.com.au/companies/news/5962/bow-energy-delivers-initial-gas-reserves-at-blackwater-power-project-5962.html