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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 brieferon Nov 20, 2012 2:38pm
134 Views
Post# 20623323

RE: SP

RE: SP

Hey briefer, I un-ignored you. Hit me with your best shot.

News Flash who cares? I pay no attention to ignores or ratings because neither one is creditable. If someone likes what I say no iggy if they don't iggy rating oneself as many do is very vane & demonstrates most likely that one is more interested in their rating numbers than their knowledge.

I think everyone has a right to their opinion so I ignore nobody. What i do is just pass over their post if I think they contribute Zero which is most often the case.

The companies financials & SP are not always indicitaive of what the companies future prospects are however, when management has had numerous years to demonstrate the ability to get institutions & retail investors WANTING to own their shares for future growth then I think management has failed. No reasonable investor expects overnight success but YEARS have gone by so it's time management either put up or RESIGN!! Jmho but those of us that have been here since Avery are fed up & averaging down is not always the best investment choice.

Bullboard Posts