BOW 0.00% $1.52 bow energy limited

huge xt this morning?, page-27

  1. 401 Posts.
    Thanks for that Carmelo. The Trader Central notes that BOW?s licenses have potential for a total of 13TCF. BOW owns 100% of its Coal seam gas permits in the Bowen basin which is well located to supply gas to a number of LNG projects planned in Gladstone:
    -QCLNG (British Gas)
    -GLNG (Santos, Petronas, Kogs, Total)
    -APLNG (Origin, ConcoPhillips)
    -Shell & PetroChina

    Bow?s 2011 Drilling program includes:
    ? 10 core holes
    ? 15 fracced production wells
    ? 9 lateral production wells
    ? 15 DFIT holes (permeability testing)
    ? Over 300 kilometres of new seismic acquisitions

    IMO, Bow has too much to lose to sell its gas cheaply to the first buyer.
 
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