Bow Energy Limited (ASX:BOW) Appoints Mr Peter Harbison As Chief Financial Officer

Brisbane, June 15, 2010 AEST (ABN Newswire) - Bow Energy Limited (ASX:BOW) (PINK:BOWYF) is pleased to announce that it has appointed Mr Peter Harbison to the position of Chief Financial Officer.

Mr Harbison joins Bow with past senior financial management positions with Arrow Energy (ASX:AOE) and Macquarie Group Ltd. (ASX:MQG) Mr Harbison was engaged by Arrow Energy in January 2009, implementing the financial strategy to meet Arrow's short to medium term capital funding requirements, from upstream coal seam gas field development through to downstream LNG facility. Prior to that, Mr Harbison was CFO for Broadcast Australia Pty Ltd and Arqiva Ltd, both part of the Macquarie Communications Infrastructure Group, where he was involved in major corporate transactions and capital restructuring for large scale communications infrastructure projects across Australia and the UK.

Commenting on Mr Harbison's appointment, Bow's CEO, John De Stefani said, "Peter's vast financial experience, particularly through the upstream and downstream value chains of coal seam gas, will add significant strength to Bow's capabilities."

Mr Harbison is a chartered accountant with 19 years of business experience with a Bachelor of Commerce from University of Queensland. Mr Harbison is a member of the Institute of Chartered Accountants of Australia and Securities Institute of Australia.

Contact

John De Stefani CEO - Commercial Bow Energy Limited Tel: +61-7-3238-6300 www.bowenergy.com.au Vic Palanyk COO - Chief Operations Officer Bow Energy Limited Tel: +61-7-3238-6300 www.bowenergy.com.au