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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
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Post by PRrepublicon Mar 09, 2022 10:34am
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Post# 34499256

BNG Provides Initial Operational Update for Wareena, Caracal

BNG Provides Initial Operational Update for Wareena, CaracalNews Release March 9, 2022 - Bengal Provides Initial Operational Update for Wareena and Caracal

'Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") has commenced field operations with the goal of transforming the Company into an operated producer in Australia. These field operations, at Wareena and Caracal, have the potential to materially increase Company production levels, with Bengal estimating that, on successful completion of the operations, corporate production may increase to up to 550 - 700 boe/d.'

Read full press release here >> https://bit.ly/bng090322
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