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Bengal Energy Ltd T.BNG

Alternate Symbol(s):  BNGLF

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

Bullboard Posts
Comment by traderbrion Oct 30, 2012 9:30pm
126 Views
Post# 20542327

RE: Time to load up on cheapest explorer

RE: Time to load up on cheapest explorer

I completely agree  that Bengal needs to seriously consider getting some retail brokers and analysts on side so investors know who they are, what they are doing and what they have in their immediate plans.

I have loaded up with BNG for sometime now and must admit that it does try your patience when the SP drifts down on such thin volume while knowing that the potential is huge for an upside move.

Also, well invested in NZ energy, another company that has good potential going forward.

Cheers

Bullboard Posts