Bengal Energy Announces Fiscal 2023 Fourth Quarter Results
Calgary, Alberta--(Newsfile Corp. - June 16, 2023) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the fourth quarter of fiscal 2023 ended March 31, 2023.FOURTH-QUARTER FISCAL 2023 HIGHLIGHTS:The following is an overview of the financial and operational results during the three-and twelve-months ending March 31, 2023. All amounts are in Canadian funds unless otherwise noted:Financial Summary:Reserves - Bengal's independently...
2023-06-16 5:05 PM EDT
Bengal Energy Announces Fiscal 2023 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - February 8, 2023) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the third quarter of fiscal 2023 ended December 31, 2022. THIRD QUARTER FISCAL 2023 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and nine-months ending December 31, 2022. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales Revenue - Crude oil...
2023-02-08 9:30 PM EST
Bengal Energy Secures Permit for Hydrocarbon Exploration and Development in Cooper Basin
Calgary, Alberta--(Newsfile Corp. - February 2, 2023) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") has been awarded Potential Commercial Area (PCA) 332 over an area of 343 square kilometers that was previously covered by Bengal's Authority to Prospect ("ATP") 732. The grant of PCA 332 provides a 15-year term with no relinquishments and allows the Company to continue to pursue the development of its highly prospective oil and gas portfolio in Queensland's Cooper Basin. The...
2023-02-02 7:00 AM EST
Bengal Provides Operations Update for Wareena Natural Gas Well Workover Program
Calgary, Alberta--(Newsfile Corp. - January 11, 2023) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce an operations update on its Wareena workover project. Natural gas well testing operations commenced in December 2022 with both the Wareena 1 and Wareena 5 wells being reperforated and tested from the PC 20 zone. Due to surface facility fluid capacity limitations and time constraints, the Company was unable to complete testing operations. Based on the...
2023-01-11 7:00 PM EST
Bengal Energy Announces Fiscal 2023 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 8, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the second quarter of fiscal 2023 ended September 30, 2022. SECOND QUARTER FISCAL 2023 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and six-months ending September 30, 2022. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales Revenue - Crude...
2022-11-08 10:30 PM EST
Cuisinier Oil Field Waterflood Pilot Yields Positive Results - Bengal
Calgary, Alberta--(Newsfile Corp. - October 27, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce it has achieved positive initial results from its pilot waterflood activities in its joint-venture Cuisinier oil field in Queensland, Australia.Based on the field Operator Santos's analysis of field performance since the water flood pilot commenced, the Company will recommend to the Operator that the water flood program be extended to other wells in the...
2022-10-27 7:00 PM EDT
Bengal Energy Ltd. Announces Election of Directors
Calgary, Alberta--(Newsfile Corp. - September 29, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal") is pleased to announce that the nominees listed in the information circular - proxy statement dated August 24, 2022, 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 28, 2022, in Calgary, Alberta are set out below.Election of DirectorsOn a vote by ballot, each of the...
2022-09-29 2:47 PM EDT
Bengal Provides Operations Updates for Recent Campaign
Calgary, Alberta--(Newsfile Corp. - September 12, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that water shut-off operations at its Wareena 1 and Wareena 5 sites have been completed successfully.The water shut-off operations at the two Wareena sites were completed on time and on budget, with initial results that may support the Company's plans for further interventions designed to increase natural gas flow. Subject to the success of these...
2022-09-12 8:00 PM EDT
Bengal Energy Announces Fiscal 2023 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 11, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the first quarter of fiscal 2023 ended June 30, 2022. FIRST-QUARTER FISCAL 2023 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-months ending June 30, 2022. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was...
2022-08-11 7:26 PM EDT
Bengal Energy Announces Fiscal 2022 Fourth Quarter Results
Calgary, Alberta--(Newsfile Corp. - June 17, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the fourth quarter of fiscal 2022 ended March 31, 2022. FOURTH-QUARTER FISCAL 2022 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-and twelve-months ending March 31, 2022. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Reserves - Bengal's...
2022-06-17 10:36 PM EDT
Bengal Energy Announces Independent Oil and Natural Gas Resource Report
Calgary, Alberta--(Newsfile Corp. - March 30, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces the issuance of its independent oil and natural gas Resource assessment report dated March 30, 2022, with an effective date of March 20, 2022 (the "Resource Report"). Highlights of Resource Report:At March 20, 2022, the Company's unrisked Best Estimate Contingent Resources were 1.1 million stock tank barrels ("MMstb") of light crude and medium crude oil and 19.0 billion...
2022-03-30 9:00 AM EDT
Bengal Energy Announces Positive Results from Sustainability Screening Study for Cooper Basin Operated Projects in Queensland, Australia
Calgary, Alberta--(Newsfile Corp. - March 14, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that the German-Australian Chamber of Commerce ("AHK Australien") has produced positive results from a screening study to evaluate tailor-made and novel technologies targeted specifically at Bengal's upcoming Cooper Basin operated activities with the objective of lowering Bengal's carbon footprint and operating costs. Renewable electrification and carbon...
2022-03-14 8:00 PM EDT
Bengal Provides Initial Operational Update for Wareena and Caracal
Calgary, Alberta--(Newsfile Corp. - March 9, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") has commenced field operations with the goal of transforming the Company into an operated producer in Australia. These field operations, at Wareena and Caracal, have the potential to materially increase Company production levels, with Bengal estimating that, on successful completion of the operations, corporate production may increase to up to 550 - 700 boe/d. The Company believes...
2022-03-09 8:00 AM EST
Bengal Announces Closing of Common Share Non-Brokered Private Placement at $0.08/Common Share
Calgary, Alberta--(Newsfile Corp. - March 7, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement (the "Private Placement"). Under the Private Placement, Bengal issued an aggregate of 52,317,821 common shares of the Company (the "Common Shares") at a price of C$0.08 per Common Share for aggregate gross proceeds of approximately C$4.2 million. As discussed in Bengal's announcement of...
2022-03-07 7:30 PM EST
Bengal Announces Common Share Non-Brokered Private Placement at $0.08/Common Share
Calgary, Alberta--(Newsfile Corp. - March 1, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that it has entered into definitive agreements with respect to a non-brokered private placement of approximately 52.3 million common shares of the Company (the "Common Shares") at a price of $0.08 per Common Share for aggregate gross proceeds of approximately $4.2 million (the "Private Placement"). All amounts are in Canadian dollars.The Private Placement is...
2022-03-01 8:00 PM EST
Bengal Energy Announces Fiscal 2022 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - February 10, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the third quarter of fiscal 2022 ended December 31, 2021. THIRD QUARTER FISCAL 2022 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-and nine-months ending December 31, 2022. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Sales Revenue - Crude...
2022-02-10 7:15 PM EST
Bengal Energy Announces Chef-1 Exploration Well Update
Calgary, Alberta--(Newsfile Corp. - December 30, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces that drilling of the Chef-1 exploration well, located in the Authority to Prospect 752 ("ATP 752") within the Barta sub-block, Potential Commercial Area 206 (PCA 206), has been completed. Following a review of the well logs, the ATP 752 joint venture parties have decided to plug and abandon the well. This exploration well is located outside of the producing...
2021-12-30 6:00 PM EST
Bengal Energy Announces Cuisinier Oil Field Water Injection Program Commencement
Calgary, Alberta--(Newsfile Corp. - November 30, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the Cuisinier Oil Field Water Injection Pilot Program commenced sustained water injection on November 12, 2021.The previously producing Cuisinier 24 ("C24") well was converted to a water injector with produced water from Cuisinier 7 pipelined to the C24 location and injected into the reservoir.Currently, the water injection rate is 377 barrels of water per...
2021-11-30 7:30 AM EST
Bengal Energy Announces Fiscal 2022 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 4, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the second quarter of fiscal 2022 ended September 30, 2021. SECOND QUARTER FISCAL 2022 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-and six-months ending September 30, 2021. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Sales Revenue - Crude...
2021-11-04 8:49 PM EDT
Bengal Energy Ltd. Announces Legbar-1 Exploration Well Update
Calgary, Alberta--(Newsfile Corp. - October 14, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces that drilling of the Legbar-1 exploration well (the "Legbar-1 Well") operated by Bengal's farm-in partner Santos QNT Pty Ltd ("Santos") and located in a 420 square kilometers (104,000 acres) block (the "Santos Farm-in Block") in the southern portion of Authority to Prospect 934 ("ATP 934"), has been completed. Data indicated that the Legbar-1 Well intersected good...
2021-10-14 9:00 PM EDT