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Arrow Energy is a leading Australian integrated energy company with access to more than 90,000 square kilometres of coal seam gas acreage close to Queensland’s three key markets – Brisbane, Townsville and Gladstone.

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Arrow Energy listed on the Australian Stock Exchange in August 2000 and has a current market capitalisation of more than $2.5 billion.  Arrow is now one of Australia’s top 100 publicly-listed companies.

Arrow has equity interest in more than 90,000 km2 of coal seam gas exploration tenements close to Queensland’s three key markets – Townsville, Gladstone, and Brisbane. To date, only five percent of this land has been explored. As Australia’s largest coal seam gas acreage holder, the company is now driving growth by investing in downstream projects, export liquefied natural gas (LNG) opportunities and international markets to secure higher margin sales.

Our four producing projects currently account for around 20 percent of Queensland’s overall gas production - the Moranbah Gas Project in the Bowen Basin, and the Tipton West, Daandine and Kogan North projects in the Surat Basin near Dalby. The company is also a major particpant in the Ipswich and Clarence Moreton Basins, Styx and Coastal Tertiary Basins, and the Nagoorin Graben Basin. We plan to advance a number of highly prospective blocks in reaching our net domestic production target of 116 petajoules (PJ) per year by 2012.

The company has the rights to dispatch power from the 230MW Yabulu Power Station in Townsvillle and the 30MW Daandine Power Station near Dalby. Arrow has now formed a 50:50 partnership with ERM Power to jointly develop the 450MW Braemar 2 Power Station. Arrow’s net generation capacity will be 370MW when the project is completed.

Arrow’s gas infrastructure assets include the Moranbah Gas Processing Facility, and the rights to develop the 440km Central Queensland Gas Pipeline (CQGP) between Moranbah and Gladstone. The CQGP will facilitate the supply of up to 150 PJ/year of gas from the company’s Bowen Basin projects to a planned LNG export facility in Gladstone.

On the back of a strong Australian base, Arrow has now established a strong foothold in the key Asian growth markets of China, India, Indonesia and Vietnam. Large coal seam gas resources, limited competition, increasing energy demands, and high gas prices combine to present the international marketplace as a significant growth opportunity for our company.