Bengal Energy Ltd. is pleased to announce that the nominees listed in the information circular - proxy statement dated August 24, 2021 were elected as directors of Bengal. The detailed results of the vote for the election of directors held at its annual meeting of shareholders on September 28, 2021 in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following six nominees proposed [...]
Bengal Energy Ltd. is pleased to provide an update on its planning for the natural gas and oil development program on its 100% working interest in the Wareena, Ghina, Karnak and Ramses Petroleum Leases , as well as the re-entry and fracture stimulation of its 100%-owned Caracal well on ATP 732 in its Cooper Basin operating area. In addition, the Company continues to advance its exploration program and will participate in [...]
Bengal Energy Ltd. is pleased to provide an update respecting its Annual General Meeting of shareholders and upcoming changes to the board of directors of the Company. Meeting Details Bengal will hold the Meeting on Tuesday, September 28, 2021 at 10:00 a.m. in the Main Floor Conference Centre at 715 - 5th Avenue S.W., Calgary, Alberta. The Meeting will be conducted in person; however, in view of the public health concerns [...]
Bengal Energy Ltd. announces its plan for the natural gas and oil development program on its 100% working interest in the Wareena, Ghina, Karnak and Ramses Petroleum Leases in its Cooper Basin operating area. In readiness for this program, the Company is pleased to announce that it has signed formal service contracts with Ago Vires Pty Ltd as principal contractor operating out of its home base of Thargomindah, Queensland [...]
Bengal Energy Ltd. today announces its financial and operating results for the first quarter of fiscal 2022 ended June 30, 2021. FIRST QUARTER FISCAL 2022 HIGHLIGHTS: The following is an overview of the financial and operational results during the three month period ended June 30, 2021. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Sales Revenue - Crude oil sales revenue was $1.5 million in [...]
Bengal Energy Ltd. today announces its financial and operating results for the fourth quarter and the fiscal year ended March 31, 2021. FISCAL YEAR END & FOURTH QUARTER 2021 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and twelve month periods ended March 31, 2021. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Long term debt - On [...]
Bengal Energy Ltd. is pleased to announce our Company Corporate Video Presentation which can be viewed through the following link: https://bengalenergy.ca/wp-content/uploads/Bengal Presentation FINAL 2021.05.mp4. About Bengal Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international [...]
Bengal Energy Ltd. is pleased to announce our latest Corporate Presentation, which can be viewed through the following link: https://bengalenergy.ca/wp-content/uploads/2021/04/Bengal-Energy-Management-Presentation-2021.04.21.pdf About Bengal Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through [...]
Bengal Energy Ltd. announces that it has issued an aggregate of 11,340,000 options to purchase common shares of the Company pursuant to its Stock Option Plan. The options were granted on March 19, 2021 to employees, officers and directors of the Company and have an exercise price of $0.08/share, being the closing price of the Company's common shares on the TSX on that date. The options vest over a 3 year period, as to [...]
Bengal Energy Ltd. announces that Mr. Matt Moorman has tendered his resignation as Chief Financial Officer of Bengal, effective March 4, 2021, to pursue other opportunities. "We appreciate Matt's contributions to our Company and we wish him the best in his future endeavours," said Chayan Chakrabarty, President and Chief Executive Officer of Bengal. With the departure of Mr. Moorman, Bengal has appointed Mr. Jerrad [...]
Bengal Energy Ltd. is pleased to announce the closing of its previously announced non-brokered private placement of common shares in the capital of the Company to Texada Capital Management Ltd. . Bengal is also pleased to announce the closing of the transactions contemplated by the debt settlement agreement with its senior secured lender Westpac Banking Corporation in respect of the settlement of all indebtedness and [...]
In accordance with the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues , Texada Capital Management Ltd. , a company owned and controlled by Mr. Wheeler a director of Bengal Energy Ltd. and his spouse , announces that Texada has acquired ownership and control of an aggregate of 330,720,000 common shares of Bengal representing approximately 76.4 [...]
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