Bowood Provides Operational Update on the Alberta Bakken Well at Spring Coulee

Bowood Energy Inc. (TSX VENTURE:BWD) ("Bowood" or the "Company) is pleased to
announce that the Spring Coulee well, the first joint venture test well in the
Alberta Bakken fairway with Legacy Oil + Gas ("Legacy"), has finished drilling
and is in the process of being completed for testing. The well, drilled from a
surface location in 3-1-4-23W4 terminated in LSD 3-36-3-23W4 at a measured depth
of 3500 meters with a 1,230 meter horizontal section. The well has been equipped
in the open hole horizontal section with swell packers, in preparation for 20
stages of fracture stimulation. Well testing will follow immediately after the
hydraulic fracturing of the well, which is expected to commence by June 15th,
weather permitting.


The second joint venture test well, to be located on the Blood Reserve, is
expected to be licensed shortly and must commence drilling no later than August
31st, 2011 according to the terms of the joint venture with Legacy.


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


You may also request additional information by emailing [e-mail].

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 and exploration plans and the
timing thereof; future production levels; the location and prospective nature of
the lands; and, 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 and production services; 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 of 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.