EXPLORATION

Bow confident of hitting higher targets

BOW Energy believes it will be able to firm up 4128 petajoules of proved, probable and possible (3P) gas reserves at its Norwich Park block in the Bowen Basin, Queensland, by the end of this year.

The estimate, up 50% from previous estimates, was based on a study by MBA Petroleum Consultants and positive drilling results from the first two wells at Norwich Park. Bow also increased its end of 2011...

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