CALGARY, Alberta, Jan. 02, 2018 -- Bengal Energy Ltd. announces the appointment of Mr. Matthew Moorman as Chief Financial Officer of the Company, effective today January 2, 2018. Mr. Moorman brings 20 years of senior financial experience in the energy sector to Bengal, along with extensive domestic and international capital market experience and a strong background in public financial reporting, corporate governance, M&a [...]
CALGARY, Alberta, Dec. 18, 2017 -- Bengal Energy Ltd. today announces that Mr. Scott Megaffin has tendered his resignation as Chief Financial Officer of Bengal, effective December 18, 2017, to pursue other opportunities. "We appreciate Scott'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. Bengal has initiated a [...]
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) today announces its financial and operating results for the second quarter of fiscal 2018 ended September 30, 2017. FISCAL Q2 2018 SUMMARY: The following is an overview of the financial and operational results during the three-month period ended September 30, 2017: Operational Summary [...]
CALGARY, Alberta, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) announces that it has successfully negotiated an extension of its secured credit facility (the “Credit Facility”) with Westpac Institutional Bank (“Westpac”). The Credit Facility has been extended to December 31, 2019 and provides a borrowing base of US$12.5 million [...]
CALGARY, Alberta, Sept. 20, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) ("Bengal") is pleased to announce that the nominees listed in the information circular – proxy statement dated August 22, 2017 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 20, 2017 in Calgary, Alberta are set out below [...]
CALGARY, Alberta, Sept. 20, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) announces the appointment of Mr. Scott Megaffin, CA, CFA as Chief Financial Officer of the Company, effective September 29, 2017. Mr. Megaffin brings to Bengal a strong technical background, coupled with hands-on experience in all aspects of corporate finance, business development, and [...]
CALGARY, Alberta, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) today announces that Mr. Jerrad Blanchard has tendered his resignation as Chief Financial Officer of Bengal, effective September 29, 2017, to pursue other opportunities. "We sincerely appreciate Jerrad's professionalism, commitment and contributions to our Company during the last three and [...]
CALGARY, Alberta, Aug. 11, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) today announces its financial and operating results for the first quarter of fiscal 2018 ended June 30, 2017. FISCAL Q1 2018 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-month period ended June 30, 2017: Financial Highlights: Sales [...]
CALGARY, Alberta, June 16, 2017 (GLOBE NEWSWIRE) -- 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, 2017 and the results of its independent reserve evaluation for the year ended March 31, 2017 as prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). FISCAL YEAR END & FOURTH QUARTER [...]
CALGARY, Alberta, May 08, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) today announces a commercial update on its Cuisinier Field. ATP 752 BARTA BLOCK/CUISINIER FIELD: Commercial Effective April 1, 2017 Bengal has executed a new Crude Oil Sale and Purchase Agreement (“COSPA”) with the South Australia Cooper Basin Joint Venture to which Bengal sells [...]
CALGARY, ALBERTA--(Marketwired - May 4, 2017) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its exploration and operational update. EXPLORATION UPDATE: Natural Gas Demand In Australia, the significant increase in demand associated with newly commissioned liquefied natural gas ("LNG") export projects suggests that the Eastern Australia gas market will need significant new supply of natural gas [...]
CALGARY, ALBERTA--(Marketwired - Feb 8, 2017) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces its financial and operating results for the third quarter of fiscal 2017 ended December 31, 2016. "During the quarter Bengal successfully completed a rights offering that will fund our development program on the Barta Sub-Block" said Chayan Chakrabarty, President and CEO of Bengal. "This development [...]