Bow has electric plans for Blackwater reserves

BOW Energy is looking to raise a minimum $50 million as it moves into power generation with plans to develop a 30-megawatt power plant near Blackwater, Queensland.

In a statement today, the company said the power station will be powered by coal seam gas from its Blackwater field in the Comet block, with about 2 petajoules of gas required per year.

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