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.

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Bengal Energy Ltd

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Comment by efficientmyasson Feb 12, 2017 7:06pm

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Post# 25835151

RE:RE:RE:RE:RE:RE:RE:RE:Shefu-1 oil Discovery Has substantial Upside Implications

So, even with Santos as the operator, there is no reason why Bengal should not hit the $0.65 range once again.

they have to demonstrate that they can significantly increase field production, or the market will remain disinterested.....imo. Santos has been distracted for years (dreaming of LNG) and i don't see the situation improving until they're gone. I would be stunned if Santos is the operator 12 months from now.

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