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Bengal Energy Ltd T.BNG

Alternate Symbol(s):  BNGLF

Energy Oil & Gas E&P
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company’s producing and non-producing assets are situated in Australia’s Cooper Basin. The Company’s core Australian assets, Petroleum Lease (PL) 303 Cuisinier, Authority to Prospect (ATP) 934 Barrolka, Potential Commercial Area (PCA) 332 Tookoonooka, and four petroleum licenses (PL) 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. In addition, it owns 26 kilometers (km) six high pressure gas pipeline (PPL 138) connecting the Wareena field to a large raw gas network passing its prospects at ATP 934. It has a 30.375% interest in two PLs on the former ATP 752 Barta block, PL 303 and PL 1028. In addition, it has three PCAs associated with ATP 752, which are the Barta block, PCA 206 and PCA 207 and PCA 155 in the Wompi block, which contains the Nubba well.


TSX:BNG - Post by User

Bengal Energy Ltd
Bullboard Posts
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(57)
•••
Comment by traderbrion Jan 26, 2012 7:29pm
379 Views
Post# 19454952

RE: Wow

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
Dealroom for high-potential pre-IPO opportunities