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Bowood Energy Inc. (TSXV:BWD) reported its financial and operational results for the three months ended September 30, 2011.
Bowood Energy Inc. (TSXV:BWD) reported its financial and operational results for the three months ended September 30, 2011.
As quoted in the press release:
At the end of Q3, 2011 Bowood had net debt of $2.2 MM on an $8.5 MM credit facility through the Canadian Western Bank. The majority of the $4.8 MM of capital expenditures in Q3 was focused on land, seismic and drilling activity in the Alberta Bakken play.
Click here to read the Bowood Energy Inc. (TSXV:BWD) press release.