Bow Energy Limited is engaged primarily in the exploration for oil and gas, and diversifying into coal seam gas (CSG). Bow has interests in a number of oil fields and numerous oil exploration tenements within oil and gas basins in Australia, in the vicinity of commercial oil and gas fields. The Company has operations in Cooper-Eromanga Basin, Central Eromanga, Western Surat-Bowen, Eastern Surat-Bowen, Eastern Surat-Bowen, Clarence Moreton, Clarence-Moreton and Offshore Carnarvon. As at June 30, 2008, Bow produced 3,847 barrels of oil from the single producing oil well in the Rookwood Oil Field, Western Surat-Bowen. The Company?s subsidiaries include Bow Operations Pty Ltd, Ocellaris Oil Pty Ltd and Seqoil Pty Ltd. On May 21, 2008, Bow Energy Limited acquired 100% of the equity in Roma CBM Pty Ltd.(Source: ARS)