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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 BankBankon Nov 07, 2012 2:17pm
168 Views
Post# 20573086

RE: Last 3 trading days

RE: Last 3 trading days

except that would be illegal..... they cant act before the news. I think people mis-read the casing news, and the market oversold. Yesterdays news has me thinking that 65 cents is the bottom. Im loading the boat from here to 75 cents. A dollar cant be that far off.

Bullboard Posts