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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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Comment by nobletraderon Nov 20, 2012 12:07pm
138 Views
Post# 20622175

RE: RE: Is Caracal-1 a major new discovery?

RE: RE: Is Caracal-1 a major new discovery?

As I much as I hate to say it we are likely headed to 30cents. The market sees no value in this right now. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities