Bow Valley Energy Ltd. Detailed Analysis and Forecasts of Oil & Gas Exploration and Production Assets

Table of Contents

1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Company Snapshot 10
2.1 Key Information 10
2.2 Company Overview 10
2.3 Financial Performance 10
2.4 Industry Outlook -- Production & Exploration 10
3 Bow Valley Energy Ltd. , Crude Oil Forecasts, 2000-2012 11
3.1 Bow Valley Energy Ltd. , Crude Oil Forecasts, By Fields 11
3.2 Bow Valley Energy Ltd. , Gross Revenue Forecasts, By Fields 12
3.3 Bow Valley Energy Ltd. , Total Government Take Forecasts, By Fields 13
3.4 Bow Valley Energy Ltd. , Contractor Take Forecasts, By Fields 14
4 Bow Valley Energy Ltd. , Exploration and Production Summary 15
4.1 Bow Valley Energy Ltd. , Active Exploration Blocks, by Country, 2000-2007 15
4.2 Bow Valley Energy Ltd., Crude Oil Production, by Country 16
4.3 Bow Valley Energy Ltd., Natural Gas Production, by Country 17
5 Bow Valley Energy Ltd., Crude Oil and Natural Gas Production By Fields 18
5.1 Bow Valley Energy Ltd., Crude Oil Production 18
5.1.1 Bow Valley Energy Ltd., Crude Oil Production in North Dakota, By Fields 18
5.1.2 Bow Valley Energy Ltd., Crude Oil Production in Saskatchewan, By Fields 18
5.1.3 Bow Valley Energy Ltd., Crude Oil Production in Iran (Islamic Republic of), By Fields 18
5.1.4 Bow Valley Energy Ltd., Crude Oil Production in Norway, By Fields 18
Bow Valley Energy Ltd., Crude Oil Production in United Kingdom, By Fields 19
5.2 Bow Valley Energy Ltd., Natural Gas Production 19
5.2.1 Bow Valley Energy Ltd., Natural Gas Production in Saskatchewan, By Fields 19
5.2.2 Bow Valley Energy Ltd., Natural Gas Production in Norway, By Fields 19
6 Bow Valley Energy Ltd.' s Exploration Blocks And Field Details 20
6.1 Bow Valley Energy Ltd.' s Exploration Details, 16/13a ALL 20
6.2 Bow Valley Energy Ltd.' s Exploration Details, 20/2a ALL 20
6.3 Bow Valley Energy Ltd.' s Exploration Details, 20/3a ALL 21
6.4 Bow Valley Energy Ltd.' s Exploration Details, 20/3c ALL 21
6.5 Bow Valley Energy Ltd.' s Exploration Details, 29/2c ALL 22
6.6 Bow Valley Energy Ltd.' s Exploration Details, ATP805P 22
6.7 Bow Valley Energy Ltd.' s Exploration Details, ATP807P 23
6.8 Bow Valley Energy Ltd.' s Exploration Details, Khipro 23
6.9 Bow Valley Energy Ltd.' s Field Details, GUSHER(BOW VALLEY PETROLEUM INC) 24
6.10 Bow Valley Energy Ltd.' s Field Details, HALFWAY HOLLOW(BOW VALLEY PETROLEUM INC) 24
6.11 Bow Valley Energy Ltd.' s Field Details, ALTAMONT(BOW VALLEY PETROLEUM INC) 25
6.12 Bow Valley Energy Ltd.' s Field Details, BLUEBELL(BOW VALLEY PETROLEUM INC) 25
6.13 Bow Valley Energy Ltd.' s Field Details, PLAZA(BOW PETROLEUM, INC. OF COLORADO) 26
6.14 Bow Valley Energy Ltd.' s Field Details, KYLE 26
6.15 Bow Valley Energy Ltd.' s Field Details, Enoch 27
6.16 Bow Valley Energy Ltd.' s Field Details, BLANE 28
6.17 Bow Valley Energy Ltd.' s Field Details, Enoch (UK) 29
6.18 Bow Valley Energy Ltd.' s Field Details, BIGSTICK 2ND WHITE SPECKS(Bow Valley Energy Limited) 30
6.19 Bow Valley Energy Ltd.' s Field Details, CRANE L MILK RIVER(Bow Valley Energy Limited) 30
6.20 Bow Valley Energy Ltd.' s Field Details, HATTON MEDICINE HAT(Bow Valley Energy Limited) 31
6.21 Bow Valley Energy Ltd.' s Field Details, HATTON MILK RIVER(Bow Valley Energy Limited) 31
6.22 Bow Valley Energy Ltd.' s Field Details, HATTON MILK R/MED HAT(Bow Valley Energy Limited) 32
6.23 Bow Valley Energy Ltd.' s Field Details, RIBSTONE CREEK(Bow Valley Energy Limited) 32
6.24 Bow Valley Energy Ltd.' s Field Details, MIDALE CENTRAL MIDALE(Bow Valley Energy Limited) 33
6.25 Bow Valley Energy Ltd.' s Field Details, Balal 33
7 Business Description 34
7.1 Business Overview 34
7.2 Major Products and Services 35
7.2.1 Overview 35
8 History 36
9 Competitors 37
10 Key Employees 38
11 Key Employee Biographies 39
12 Company Statement 40
13 Locations And Subsidiaries 44
13.1 Head Office 44
13.2 Other Locations & Subsidiaries 44
14 Financial Deals Landscape 45
14.1 IPO 45
14.1.1 Bow Valley Energy Completes Private Placement 45
15 Recent Developments 47
15.1 Strategy and Business Planning 47
15.1.1 Oct 23, 2006: Bow Valley Announces New Joint Venture Agreement 47
15.2 Operations Updates 47
15.2.1 Apr 30, 2008: ROC Provides Drilling Update 47
15.2.2 Apr 23, 2008: ROC Provides Drilling Update 48
15.2.3 Apr 21, 2008: Atlantic Provides Update On 20/2a-8 Blackbird Well 48
15.2.4 Apr 16, 2008: ROC Provides Operational Update 49
15.2.5 Apr 14, 2008: TG Announces Potential Alaska Oil Discovery 49
15.2.6 Apr 09, 2008: ROC Provides Drilling Update 50
15.2.7 Apr 02, 2008: ROC Provides Operational Update 50
15.2.8 Mar 19, 2008: ROC Provides Drilling Update 52
15.2.9 Mar 04, 2008: Bow Valley Updates On Its Exploration Activities 53
15.2.10 Feb 27, 2008: Bow Valley Updates On North Shore No.1 well 53
15.2.11 Jan 22, 2008: VAALCO Updates On 9/28b-19A Well In North Sea 53
15.2.12 Sep 12, 2007: Talisman Starts Production At Blane Field 55
15.2.13 Sep 12, 2007: Eni Starts Production At The Blane Oil Field 55
15.2.14 May 31, 2007: Bow Valley Begins Oil Production From Enoch Field Development 55
15.2.15 May 31, 2007: Talisman Updates On Enoch Development 56
15.2.16 Apr 11, 2007: Bow Valley Announces Alaska Oil Discovery 56
15.2.17 Mar 19, 2007: Bow Valley Updates On Second Alaska Exploration Well 57
15.2.18 Feb 08, 2007: Bow Valley Updates On First Alaska Exploration Well 57
15.3 Financial Announcements 57
15.3.1 May 07, 2008: Bow Valley Reports Q1 2008 Results 57
15.3.2 Mar 10, 2008: Bow Valley Declares Q4 2007 Results 59
15.3.3 Nov 12, 2007: Bow Valley Reports Q3 2007 Results 60
15.3.4 Aug 14, 2007: Bow Valley Declares Q2 2007 Results 62
15.3.5 May 09, 2007: Bow Valley Declares Q1 2007 Results 63
15.3.6 Nov 09, 2006: Bow Valley Declares Q3 2006 Results 64
15.3.7 Aug 14, 2006: Bow Valley Declares Q2 2006 Results 65
15.3.8 Jul 12, 2006: Bow Valley Increases Budget For Ettrick Field Development 66
15.4 Other Significant Developments 66
15.4.1 Jul 12, 2006: Bow Valley Gets Approval For Ettrick Field Development 66
16 Appendix 68
16.1 What is this Report About? 68
16.2 Methodology 68
16.2.1 Coverage 69
16.2.2 Secondary Research 70
16.2.3 Primary Research 70
16.2.4 E&P Forecasts 70
16.2.5 Midstream Forecasts 73
16.2.6 Expert Panel Validation 73
16.3 Contact Us 74
16.4 About Global Markets Direct 74
16.5 Disclaimer 74



1.1 List of Tables
Table 1: Bow Valley Energy Ltd.,Key Facts 10
Table 2: Bow Valley Energy Ltd. ,Crude Oil Production And Forecasts (Boe) by Fields ,2000-2012 11
Table 3: Bow Valley Energy Ltd. , Gross Revenue ($thousand) by Fields, 2008-2012 12
Table 4: Bow Valley Energy Ltd. , Total Government Take ($thousand) by Fields, 2008-2012 13
Table 5: Bow Valley Energy Ltd. , Contractor Take ($thousand) by Fields, 2008-2012 14
Table 6: Bow Valley Energy Ltd., Number of Exploration Blocks, by Country, 2000-2007 15
Table 7: Bow Valley Energy Ltd., Crude Oil Production (BBls), by Country, 2000-2007 16
Table 8: Bow Valley Energy Ltd., Natural Gas Production (MMcf), by Country, 2000-2007 17
Table 9: Bow Valley Energy Ltd., Crude Oil Production (BBls) By Fields in North Dakota, 2000-2007 18
Table 10: Bow Valley Energy Ltd., Crude Oil Production (BBls) By Fields in Saskatchewan, 2000-2007 18
Table 11: Bow Valley Energy Ltd., Crude Oil Production (BBls) By Fields in Iran (Islamic Republic of), 2000-2007 18
Table 12: Bow Valley Energy Ltd., Crude Oil Production (BBls) By Fields in Norway, 2000-2007 18
Table 13: Bow Valley Energy Ltd., Crude Oil Production (BBls) By Fields in United Kingdom, 2000-2007 19
Table 14: Bow Valley Energy Ltd., Natural Gas Production (MMcf), By Fields in Saskatchewan, 2000-2007 19
Table 15: Bow Valley Energy Ltd., Natural Gas Production (MMcf), By Fields in Norway, 2000-2007 19
Table 16: Bow Valley Energy Ltd.' s Asset Details,16/13a ALL, March 2008 20
Table 17: Bow Valley Energy Ltd.' s Asset Details,20/2a ALL, March 2008 20
Table 18: Bow Valley Energy Ltd.' s Asset Details,20/3a ALL, March 2008 21
Table 19: Bow Valley Energy Ltd.' s Asset Details,20/3c ALL, March 2008 21
Table 20: Bow Valley Energy Ltd.' s Asset Details,29/2c ALL, March 2008 22
Table 21: Bow Valley Energy Ltd.' s Asset Details,ATP805P, March 2008 22
Table 22: Bow Valley Energy Ltd.' s Asset Details,ATP807P, March 2008 23
Table 23: Bow Valley Energy Ltd.' s Asset Details,Khipro, March 2008 23
Table 24: Bow Valley Energy Ltd.' s Asset Details,GUSHER(BOW VALLEY PETROLEUM INC), March 2008 24
Table 25: Bow Valley Energy Ltd.' s Asset Details,HALFWAY HOLLOW(BOW VALLEY PETROLEUM INC), March 2008 24
Table 26: Bow Valley Energy Ltd.' s Asset Details,ALTAMONT(BOW VALLEY PETROLEUM INC), March 2008 25
Table 27: Bow Valley Energy Ltd.' s Asset Details,BLUEBELL(BOW VALLEY PETROLEUM INC), March 2008 25
Table 28: Bow Valley Energy Ltd.' s Asset Details,PLAZA(BOW PETROLEUM, INC. OF COLORADO), March 2008 26
Table 29: Bow Valley Energy Ltd.' s Asset Details,KYLE, March 2008 26
Table 30: Bow Valley Energy Ltd.' s Asset Details,Enoch, March 2008 27
Table 31: Bow Valley Energy Ltd.' s Asset Details,BLANE, March 2008 28
Table 32: Bow Valley Energy Ltd.' s Asset Details,Enoch (UK), March 2008 29
Table 33: Bow Valley Energy Ltd.' s Asset Details,BIGSTICK 2ND WHITE SPECKS(Bow Valley Energy Limited), March 2008 30
Table 34: Bow Valley Energy Ltd.' s Asset Details,CRANE L MILK RIVER(Bow Valley Energy Limited), March 2008 30
Table 35: Bow Valley Energy Ltd.' s Asset Details,HATTON MEDICINE HAT(Bow Valley Energy Limited), March 2008 31
Table 36: Bow Valley Energy Ltd.' s Asset Details,HATTON MILK RIVER(Bow Valley Energy Limited), March 2008 31
Table 37: Bow Valley Energy Ltd.' s Asset Details,HATTON MILK R/MED HAT(Bow Valley Energy Limited), March 2008 32
Table 38: Bow Valley Energy Ltd.' s Asset Details,RIBSTONE CREEK(Bow Valley Energy Limited), March 2008 32
Table 39: Bow Valley Energy Ltd.' s Asset Details,MIDALE CENTRAL MIDALE(Bow Valley Energy Limited), March 2008 33
Table 40: Bow Valley Energy Ltd.' s Asset Details,Balal, March 2008 33
Table 41: Bow Valley Energy Ltd., Key Employees, 38
Table 42: Bow Valley Energy Ltd., Subsidiaries 44
Table 43: Brent Blend NYMEX Future Prices 73


1.2 List of Figures
Figure 1: Bow Valley Energy Ltd. , Crude Oil Forecasts, 2000-2012 11
Figure 2: Bow Valley Energy Ltd. , Gross Revenue ($thousand) by Fields, 2008-2012 12
Figure 3: Bow Valley Energy Ltd. , Total Government Take ($thousand) by Fields, 2008-2012 13
Figure 4: Bow Valley Energy Ltd. , Contractor Take ($thousand) by Fields, 2008-2012 14
Figure 5: Bow Valley Energy Ltd., Number of Exploration Blocks, by Country, 2000-2007 15
Figure 6: Bow Valley Energy Ltd., Crude Oil Production (BBls), by Country, 2000-2007 16
Figure 7: Bow Valley Energy Ltd., Natural Gas Production (MMcf), by Country, 2000-2007 17
Figure 8: Global Markets Direct Methodology 69