CALGARY, ALBERTA--(Marketwired - Sep 20, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal") is pleased to announce that the nominees listed in the information circular - proxy statement dated August 19, 2016 were elected as directors of Bengal. The detailed results of the vote for the election of directors held at its annual and special meeting of shareholders on September 20, 2016 in Calgary, Alberta are set out below [...]
CALGARY, ALBERTA--(Marketwired - Sept. 9, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce that the first four wells of the Cuisinier 2016 five well drilling campaign have been cased as future oil producers in the Murta horizon. The most recent well, Shefu-1, was drilled as a near field exploration well situated on the western flank of the Cuisinier Petroleum Lease 303 ("PL 303 [...]
CALGARY, ALBERTA--(Marketwired - Aug 25, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces that it has successfully negotiated an extension of its secured credit facility with Westpac Institutional Bank ("Westpac"). The revised facility has been extended to December 31, 2018 and provides a borrowing base of US$15 million of which US$12.5 million is currently drawn. The Westpac credit facility [...]
CALGARY, ALBERTA--(Marketwired - Aug. 11, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the first quarter of fiscal 2017 ended June 30, 2016. "Although the commodity price environment continues to challenge global exploration and production companies, we remain pleased with Bengal's operational and financial progress through the first quarter of [...]
CALGARY, ALBERTA--(Marketwired - Jul 26, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces that the Company and its joint venture parties have commenced the 2016 drilling campaign on ATP 752 Barta Block in the Cooper Basin, Australia (Bengal's working interest is 30.357%). The program consists of five wells within Petroleum Lease ("PL") 303 at the Cuisinier field comprised of four [...]
CALGARY, ALBERTA--(Marketwired - Jun 17, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the fourth quarter and the fiscal year ended March 31, 2016. "In Fiscal 2016, Bengal continued to focus on growing reserves, reducing costs and improving financial flexibility. Operationally and financially, I am pleased with the progress Bengal made over the [...]
CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces the results of its independent reserve evaluation for the year ended March 31, 2016 as prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). The Company's annual audit of its financial statements is not yet complete and accordingly all financial amounts referred to in this press release are estimates and are [...]
CALGARY, ALBERTA--(Marketwired - Feb 10, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the third quarter of fiscal 2016 ended December 31, 2015. "Bengal, like many of our peers, faced a challenging oil price environment during the third quarter. However despite the low price, we realized solid netbacks of approximately CDN $28 per bbl, when [...]
CALGARY, ALBERTA--(Marketwired - Jan 27, 2016) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") announces that the Company and its joint venture parties have successfully completed the previously announced hydraulic stimulation program on ATP 752 Barta Block (Bengal's working interest is 30.357%). The hydraulic stimulation campaign has exceeded Bengal's technical and commercial expectations. Four of the five [...]
CALGARY, ALBERTA--(Marketwired - Nov 13, 2015) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the second quarter of fiscal 2016 ended September 30, 2015. "Bengal delivered a solid quarter of results despite the challenging oil price environment. Our continuing resilience is highlighted by our growing production base at Cuisinier, which provided the [...]
CALGARY, ALBERTA--(Marketwired - Sep 22, 2015) - Bengal Energy Ltd. (TSX:BNG) ("Bengal") is pleased to announce that the nominees listed in the management proxy circular dated August 21, 2015 were elected as directors of Bengal. The detailed results of the vote for the election of directors held at its annual general meeting of shareholders on September 22, 2015 in Calgary, Alberta are set out below. Election of Directors [...]
CALGARY, ALBERTA--(Marketwired - Aug 12, 2015) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the first quarter of fiscal 2016 ended June 30, 2015. "Notwithstanding the difficult commodity price environment that global exploration and production companies are facing, we are very pleased with Bengal's operational and financial progress in the first quarter [...]