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

Post by traderbrion Sep 05, 2013 12:15am

220 Views

Post# 21719284

Just have Patience

It is reassuring to see BNG stabilize and some buyers come into the market.
The thing that will strongly push this stock up and away is when they announce that they have some production in India.
A couple of good wells will shoot this BNG well into the $$ ranges.
Looks like a lot of blue sky ahead!!

Cheers

Bullboard Posts

What is renewable energy's role in the future energy equation?