Bowen has two rigs available, but must wait for the ground to dry enough to allow heavy vehicle access.
Once onsite the rigs are expected to drill continuously until the end of December.
Managing director Kevin Nichol said Bowen intends to maintain a strong cash position in order to complete its planned drilling and field exploration work in the Bowen Basin while still being able to take advantage of new opportunities.
Bowen is in discussions with a number of local and international parties regarding new resource development projects in the Asia-Pacific region.