CALGARY, ALBERTA--(Marketwired - Aug 12, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces its financial and operating results for the first fiscal 2015 quarter ended June 30, 2014. FISCAL Q1 2015 HIGHLIGHTS: During the first quarter of the Company's fiscal 2015 year, Bengal continued its development strategy, resulting in the successful drilling of four light oil wells in the Company's Cuisinier [...]
CALGARY, ALBERTA--(Marketwired - Jul 7, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces with much regret and profound sadness the sudden passing this weekend of Stephen Inbusch, a director of the Company. Mr. Inbusch had been with Bengal since 2012 and was a valued member of the board of directors. He will be missed. Contact Bengal Energy Ltd.Chayan Chakrabarty, President & Chief Executive [...]
CALGARY, ALBERTA--(Marketwired - Jun 16, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce its financial and operating results for the fourth quarter and full year fiscal 2014 results (periods ended March 31, 2014). FISCAL YEAR END & FOURTH QUARTER 2013 HIGHLIGHTS: 2014 was a successful period for Bengal, evidenced by the continued growth in our production, reserves and revenue, as [...]
CALGARY, ALBERTA--(Marketwired - Jun 13, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces that the Barta Block joint venture, in which the Company holds a 30.4% working interest, has completed drilling operations at Koki-1 (the "Koki-1 Well"), the first of two planned exploration wells to be drilled in Bengal's Cuisinier ("ATP") 752P Barta Sub Block within Australia's Cooper Basin. The Koki-1 [...]
CALGARY, ALBERTA--(Marketwired - May 27, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce that it has signed an indicative term sheet for a US $20.0 million secured credit facility (the "Facility") with a leading Australian commercial bank (the "Lender"), and provides an update on its Cuisinier exploration program. US $20 Million Secured Credit Facility The Facility contemplates a [...]
Before Tax Proved plus Probable Reserves Value Equates to More Than Double the Company's Current Enterprise Value CALGARY, ALBERTA--(Marketwired - May 20, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce significant increases in the net present value and volume of its reserves following the completion of its fiscal 2014 year-end independent reserves report (the "Report"). The [...]
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to provide an operational update, including details of the Company's recent successful Phase One drilling campaign at its Cuisinier ultra-light oil property situated within the Barta Sub Block (ATP 752) in Australia's Cooper Basin. Cuisinier, Australia From late March to early May, 2014, Bengal carried [...]
CALGARY, ALBERTA--(Marketwired - Mar 31, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce the commencement of the largest drilling campaign in the Company's history, with 15 wells planned to be drilled over the next 12 months. Bengal also provides details about this drilling program and an update on its ongoing operations in both Australia and India. Operational Update A summary of [...]
CALGARY, ALBERTA--(Marketwired - Feb 12, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce its financial and operating results for the third fiscal quarter of 2014 (period ended December 31, 2013). In the quarter, Bengal advanced several key developments which contributed to the Company's continued growth strategy. Bengal recorded another profitable quarter driven by stable Australian [...]
CALGARY, ALBERTA--(Marketwired - Jan 24, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces that it has agreed with the holders of Bengal's $1,750,000 aggregate principal amount of non-convertible notes ("Non-Convertible Notes") to extend the term of the Non-Convertible Notes from January 24, 2014 to January 24, 2015 and to provide the holders with the right to demand repayment on at least 15 [...]
CALGARY, ALBERTA--(Marketwired - Jan 2, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces that Beach Energy Ltd. ("Beach") has completed drilling operations at Tangalooma-1, the first of two fully funded exploration wells to be drilled in Bengal's Tookoonooka block within Australia's Cooper Basin under the Beach joint venture (the "JV"). The well failed to define a commercial hydrocarbon [...]
Bengal Energy is pleased to announce the closing of the previously announced purchase of an additional 5.357% working interest in the Cuisinier Oil Field and Petroleum Lease 303 in the Cooper-Eromanga Basin in Queensland, Australia and to provide an operational update.
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