Bengal Energy Ltd T.BNG

Alternate Symbol(s): BNGLF

Energy Oil & Gas E&P

Bengal Energy Ltd. an international oil and gas exploration and production company with producing and prospective light oil-weighted onshore assets in Australia’s Cooper Basin. The Company is involved in the exploration, development and production of oil and gas reserves in Australia. Its core Australian assets, Petroleum Lease (PL) 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses 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. It has two PLs on the former ATP 752 Barta block, PL 303, and PL 1028, in addition to three PCAs, PCA 206, PCA 207 Barta West and PCA 155 Wompi block-Nubba/Yilgarn. The Company also holds four PLs including a pipeline license PPL 138 adjacent to the 100% owned ATP 934. Its wholly owned subsidiaries include Bengal Energy Australia (Pty) Ltd. and Bengal Energy International Inc.

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Bengal Energy Ltd

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Post by traderbrion Jun 30, 2022 2:53pm

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Post# 34794674

BNG Investor Relations.

After contacting investor relations about Australian listing, they responded with the following.

Our plan is to list on the ASX by Q4 of 2022 and we have undertaken all of the required steps other than engaging a broker to raise the IPO capital. We believe that there is currently a window in the energy sector to raise capital, but need to ensure that we partner with the right broker to provide post listing support in Australia to ensure liquid trading. We hope to have more news on this shortly.

Cheers.

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