ATP 1031P NORWICH PARK PROJECTS (BOW 100%)

Early results confirm a large gas field

Bow has identified three high potential CSG prospects within this block; Vermont, Dysart and Norwich and has now completed 6 core holes of a 9 well initial CSG exploration program.

Bow has obtained an initial certification of a 2C gas resource of 1,402 petajoules (PJ) from the Vermont CSG Field. The initial 2C resources are within the Fort Cooper and Moranbah Coal Measures. Bow is carrying out a permeability testing program during this quarter targeting conversion of the 2C resources into substantial 3P and initial 2P reserves in the Vermont CSG Field.

Gas contents in the Norwich Park Block are high to very high and range from 10-26 m3/tonne (Dry Ash Free) and are over 96% methane gas.

Adjacent and to the southwest of the Vermont CSG Field is the Norwich CSG prospect. Recent data from the core holes drilled in the Norwich prospect indicate it could be of similar size and prospectivity to Vermont.

A second core hole exploration drilling rig is scheduled to commence in November 2010 to complete the Norwich Park initial exploration program by year end, weather permitting.

Pilot production programs are scheduled early next year following similar programs scheduled in the Blackwater CSG Field. .