EXPLORATION

Bow jumps on 3P reserve upgrade

INVESTORS have welcomed news that Bow Energy has again increased its proven, probable and possible (3P) reserves by 60% to 2318 petajoules, as it works towards a reserves target of 2750PJ for 2010.

Marija Stojkovic

The company said its 3P reserves rose following the certification of 871PJ of 3P reserves and 439PJ of contingent resources for the Comet Field, 250 kilometres west of Gladstone. The Comet field is...

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