Bow Valley
Canada
Date: April 1999 – Unclear
Deal: According to the U.S. Energy Administration, Iran awarded Bow Valley a 15 percent stake in the development of the offshore Balal oil field in April 1999 (U.S. Energy Information Administration, August 2004). According to Canada Newswire, in 2007, Bow Valley reported a loss from its Balal investment (Canada Newswire, August 14, 2007).
U.S. Business Ties: According to USASpending.gov, Bow Valley Energy has not received any federal government contracts or grants in the last 10 years (USASpending.gov, accessed June 22, 2010).
