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Bowood Energy Inc. (TSX VENTURE:BWD) ("Bowood" or the "Company") is pleased to
provide updates on its ongoing operations in the greater Armada area, the
Alberta Bakken play and on its corporate bank lines.


ALBERTA BAKKEN

During the month of September, Bowood continued to strategically add to its land
position in the southern Alberta Bakken play. Following the completion of the
previously announced leasing arrangement with the Blood Tribe, the Company will
hold approximately 117,000 net acres (46,800 net hectares) or 183 sections of
petroleum and natural gas rights, which the Company believes are on trend and
highly prospective for the Alberta Bakken oil resource play. 


ARMADA OPERATIONS

During the month of September, Bowood finished completions on two (net 1.2)
wells in the greater Armada area which were directionally drilled earlier this
year. One well is a potential dual zone gas producer with initial post frac gas
rates in excess of 2 MMCF/day. Equipping and tie-in to third party facilities is
underway and anticipated to be completed by the end of October. The second well,
following fracture stimulation and clean up, was tested for 3 days and final
rates were 65 barrels/day of oil and 250 mcf/day of gas. This well is also
anticipated to be on production by the end of October.


Three additional wells (net 1.95) were drilled directionally and cased in Armada
in September with multiple prospective zones in each well. Completion operations
will begin in October on all three wells.


BANK LINE

On September 2, 2010 the Company completed a new banking facility with Canadian
Western Bank, replacing the facility that was in place at June 30, 2010. This
new facility is an $8.0 million revolving term demand credit facility. 


About Bowood Energy Inc.

With operations based in Calgary, Alberta, Bowood Energy Inc. is a TSX-V Tier 2
corporation. Through its wholly owned subsidiary, Bowood Energy Ltd., the
Company is engaged in the acquisition, exploration, development, and production
of oil and gas resources. Projects are currently situated in the Province of
Alberta.


Bowood Energy Inc.

Robert Mercier, President & CEO

Reader Advisories

Forward-Looking Statements: Certain information included in this press release
constitutes forward-looking statements and information under applicable
securities legislation. Such forward-looking information is provided for the
purpose of providing information about management's current expectations and
plans relating to the future. Readers are cautioned that reliance on such
information may not be appropriate for other purposes, such as making investment
decisions. Forward-looking information typically contains statements with words
such as "anticipate", "believe", "expect", "plan", "intend", "estimate",
"propose", "project" or similar words suggesting future outcomes or statements
regarding an outlook. Forward-looking information in this press release may
include, but is not limited to, information with respect to: operational
decisions and the timing thereof, development, production and exploration plans
and the timing thereof; future production levels; the location and prospective
nature of the Lease lands, the anticipated benefits resulting from the
transactions described in this press release. Forward-looking information is
based on a number of factors and assumptions which have been used to develop
such information but which may prove to be incorrect. Although Bowood believes
that the expectations reflected in such forward-looking information are
reasonable, undue reliance should not be placed on forward-looking information
because Bowood can give no assurance that such expectations will prove to be
correct. In addition to other factors and assumptions which may be identified in
this press release, assumptions have been made regarding and are implicit in,
among other things: field production rates and decline rates; the ability of
Bowood to secure adequate drilling, completion, tie-in and production services;
the ability of Bowood to complete the acquisition of the lease and the other
transactions described in this press release and, once completed, to realize the
anticipated benefits of thereof; the timely receipt of any required regulatory
approvals; the ability of Bowood to obtain and retain qualified staff, equipment
and services in a timely and cost efficient manner to develop its business;
Bowood's ability to operate the properties in a safe, efficient and effective
manner; the ability of Bowood to obtain financing on acceptable terms; the
ability to replace and expand oil and natural gas reserves through acquisition,
development or exploration; the timing and costs of pipeline, storage and
facility construction and expansion; future oil and natural gas prices;
currency, exchange and interest rates; the regulatory framework regarding
royalties, taxes and environmental matters; and the ability of Bowood to
successfully market its oil and natural gas products. Readers are cautioned that
the foregoing list is not exhaustive of all factors and assumptions which have
been used. 


Forward-looking information is based on current expectations, estimates and
projections that involve a number of risks and uncertainties which could cause
actual results to differ materially from those anticipated by Bowood and
described in the forward-looking information. The material risk factors
affecting Bowood and its business are contained in Bowood's Annual Information
Form which is available under Bowood's issuer profile on SEDAR at www.sedar.com.
The forward-looking information contained in this press release is made as of
the date hereof and Bowood undertakes no obligation to update publicly or revise
any forward-looking information, whether as a result of new information, future
events or otherwise, unless required by applicable securities laws. The forward
looking information contained in this press release is expressly qualified by
this cautionary statement. Barrel of oil equivalent or BOE may be misleading,
particularly if used in isolation. A BOE conversion ratio of one BOE for six Mcf
is based on an energy equivalency conversion method primarily applicable at the
burner tip and does not represent a value equivalency at the wellhead.


For more information on Bowood Energy Inc. (TSX VENTURE:BWD) and to see the
updated corporate presentation please visit our website at:
http://www.bowoodenergy.ca or contact the persons listed below.


You may also request additional information by emailing info@bowoodenergy.ca.

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