Bengal Energy Ltd T.BNG

Alternate Symbol(s): BNGLF

Energy Oil & Gas E&P

Bengal Energy Ltd. an international oil and gas exploration and production company with producing and prospective light oil-weighted onshore assets in Australia’s Cooper Basin. The Company is involved in the exploration, development and production of oil and gas reserves in Australia. Its core Australian assets, Petroleum Lease (PL) 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses are situated within an area of the Cooper Basin that is served with production infrastructure and take-away capacity for produced crude oil and natural gas. It has two PLs on the former ATP 752 Barta block, PL 303, and PL 1028, in addition to three PCAs, PCA 206, PCA 207 Barta West and PCA 155 Wompi block-Nubba/Yilgarn. The Company also holds four PLs including a pipeline license PPL 138 adjacent to the 100% owned ATP 934. Its wholly owned subsidiaries include Bengal Energy Australia (Pty) Ltd. and Bengal Energy International Inc.

TSX:BNG - Post by User

Bengal Energy Ltd

Bullboard Posts

Comment by traderbrion Jan 26, 2012 7:29pm

375 Views

Post# 19454952

RE: Wow

It appears that the daily trading range is getting tighter and tighter, showing that the sellers are being exhausted in the 0.80 to 0.90 cent range. This will bode well for the stock price if any decent news comes out soon.

Managed to get another 30K at a good price so here's hoping we are all heading north with the next news release.

Cheers

Bullboard Posts

Can AI improve cancer treatment?