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Bengal Energy Ltd T.BNG

Alternate Symbol(s):  BNGLF

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

Post by traderbrion Feb 24, 2022 3:55pm
230 Views
Post# 34459414

Australian Listing?

Australian Listing?I received this from bng company.
This is a positive move.

We have successfully completed a “form of application” with the ASX to vet our assumptions that our disclosures under IFRS, TSX and securities commission will satisfy Australia’s requirements.  The timing of listing will be tied to an IPO financing, so we are now working with brokers to build support and consider best options for timing with a target of Q3/4 2022.  We can’t get into much more detail than what’s been publicly disclosed, but we should have more information coming soon
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