The 30 megawatt Blackwater power station was originally scheduled for commissioning by the end of the first quarter 2011. So I would expect that its construction has been completed. However, I understand several pilot production programs are still in progress at Blackwater with 10 wells in various stages of dewatering. The aim of these programs is to test different well design and completion techniques to determine the optimal commercial production methods. This could well be holding up the commissioning of the power station. See: http://www.noodls.com/viewNoodl/10751630/bow-energy-limited/19-july-2011--bow-increases-2p-certified-reserves-by-60 .
BOW Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
