Bow Energy Ltd.

Bow Energy is pleased to announce that it has received a non-binding proposal from Petrolia Energy for the acquisition of the outstanding shares of Bow. Petrolia has offered to acquire 100% of the shares of Bow outstanding by issuing shares of Petrolia in exchange for the Bow shares on terms to be determined following completion of due diligence by Petrolia on the business of Bow.

Bow Energy announces that Aqeel Virk has resigned as an officer and director of Bow Energy, effective immediately, to pursue personal business ventures. Mr. Virk was the Vice President of Commercial and Business Development. The Company would like to thank Mr. Virk and wishes him well in his future endeavours.

Bow Energy announces that it has changed its trading symbol to ONG. This was done in order to avoid confusion with an OTC issuer whose symbol is the same as the Company’s symbol. There is no consolidation of capital. Effective at the opening on Friday, June 9, 2017, the common shares of Bow Energy Ltd. will commence trading on TSX Venture Exchange, under the new symbol, ONG. The Company is classified as an ‘Oil & Gas [...]

Bow Energy is pleased to announce changes to its management team. Sarshar Ahmad, who was previously Bow’s Vice President Exploration has been appointed as the Company’s Chief Executive Officer which post was held by Mo Fazil. Mr. Fazil will continue as the Company’s President and Director. Mr. Ahmad has 20+ years of experience in the oil and gas industry. Most of his career was spent at Canadian Natural Resources. He [...]

This press release replaces the press release disseminated May 24, 2017 at 5:423PM ET. This press release corrects information in the last paragraph. The corrected press release is below:

Bow Energy is pleased to announce the closing of its corporate acquisitions from Bukit Energy, a private Canadian company. The corporate acquisitions result in Bow acquiring interests in four Production Sharing Contracts and one non-conventional joint study agreement, all interests are located onshore in Sumatra, Indonesia. The Company’s wholly owned subsidiary, Bow Energy International Holdings Ltd. (“BEIH”), acquired [...]

Bow Energy is pleased to announce that, through its wholly owned subsidiary, Bow Energy International Holdings Ltd., it has entered into a Share Purchase Agreement with Bukit Energy, a private Canadian company, and various subsidiaries of Bukit, to acquire all of Bukit’s shareholding interests in five of its wholly-owned Singapore holding companies that own interests in four onshore Indonesian PSCs and an interest in one [...]

Bow Energy is pleased to announce that its wholly owned subsidiary, Bow Energy Pte. Ltd., has appointed Mr. Sarshar Ahmad as Vice President Exploration, effective April 3, 2017. Sarshar Ahmad is an explorationist with over 20 years of experience in the upstream oil and gas industry. He was an integral part of the exploration and development team at Canadian Natural Resources Ltd. Mr. Ahmad brings with him extensive [...]

Bow Energy is pleased to announce the appointment of Alexander McAulay as Chief Financial Officer effective March 1, 2017. He replaces Mohammad Fazil who was the interim CFO. Mr. Fazil remains President, CEO and director of the Company. Alex McAulay CPA, CA is an experienced public company CFO. Following his articling at MNP LLP, Alex founded the successful Naked Brand Group Inc. (NASDAQ: NAKD) and led the company as its [...]

ACL International wishes to announce to a resolution passed by shareholders of the Company at the annual meeting held on December 22, 2016, and as described in more detail in the management information circular of the Company dated November 24, 2016, the Company has changed its name to Bow Energy Ltd. There is no consolidation of shares of the Company.