Bengal Energy Ltd. engaged GLJ Ltd. to provide an evaluation of the Company's oil reserves and resources dated June 12, 2024, with an effective date of March 31, 2024 . The reserves and resources data set forth below is based upon the GLJ Report. GLJ is an independent reserves evaluator and the GLJ Report was prepared in accordance the Canadian Oil and Gas Evaluation Handbook and the reserve and resources definitions [...]
Bengal Energy Ltd. today announces its financial and operating results for the fourth quarter of fiscal 2024 ended March 31, 2024. FOURTH-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-and twelve-months ending March 31, 2024. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Reserves - Bengal's independently evaluated Proved [...]
Bengal Energy Ltd. announces the completion of its Field Resource Maturation and Development Plan for its Tookoonooka Potential Commercial Area 332 . Highlights of the Plan: PCA 332, in which Bengal has a 100% working interest, covers a 343 km2 prospect area and was granted for a 15-year term effective January 30, 2023. The Plan includes up to 15 independent multi-horizon prospects located in PCA 332, including the [...]
Bengal Energy Ltd. today announces its financial and operating results for the third quarter of fiscal 2024 ended December 31, 2023. THIRD-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and nine months ending December 31, 2023. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was $1.6 [...]
Bengal Energy Ltd. is pleased to announce the appointment of Barry Herring to its Board of Directors. Based in Calgary, Alberta, Mr. Herring is a Chartered Professional Accountant with 40 years of experience. He has served as the Chief Financial Officer of both public and private entities and has managed several initial public offerings and merger transactions. Mr. Herring has extensive experience in the oil and gas [...]
Bengal Energy Ltd. today announces its financial and operating results for the first quarter of fiscal 2024 ended September 30, 2023. SECOND-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and six months ending September 30, 2023. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was [...]
Bengal Energy Ltd. is pleased to announce that the nominees listed in the information circular - proxy statement dated August 16, 2023, 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 21, 2023, in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following five nominees [...]
Bengal Energy Ltd. today announces its financial and operating results for the first quarter of fiscal 2024 ended June 30, 2023. FIRST-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three- months ending June 30, 2023. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was $1.7 million in the [...]
Bengal Energy Ltd. 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 evaluated Proved [...]
Bengal Energy Ltd. 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 sales revenue was $1.6 [...]
Bengal Energy Ltd. has been awarded Potential Commercial Area 332 over an area of 343 square kilometers that was previously covered by Bengal's Authority to Prospect 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 appraisal permit, granted by the [...]
Bengal Energy Ltd. 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 salinity of produced water [...]
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