Ann: Executive Changes , page-8

Lets not forget about Vic Palanyk who was instrumental in helping Queensland Gas to the development phase.

Victor Palanyk, COO - Chief Operations Officer

Mr. Palanyk has thirty years experience in the resources industry including petroleum and mining in Australia, Asia, North America and the Middle East. He has worked in most facets of the industry including exploration, development, production, business development, commercial and business analysis.

Mr Palanyk also has 15 years experience in all facets of coal seam gas (CSG). His past management positions include General Manager of Queensland Gas Company, Technical Manager for Anglocoal Australias CSG business and Manager for Rio Tintos CSG business.

Mr. Palanyk is responsible for managing Bows technical efforts to expand its gas reserves base and to implement its development plans to establish Bow as a major upstream energy company.

Mr Palanyk has a BSc Specialization Geology from the University of Alberta, Canada, he is a member of the Society of Petroleum Engineers (SPE), American Association of Petroleum Geologists (AAPG) and the Petroleum Exploration Society of Australia (PESA).