reports
Bengal Announces AGM Details and Board of Directors Renewal
Calgary, Alberta--(Newsfile Corp. - August 26, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to provide an update respecting its Annual General Meeting of shareholders (the "Meeting") and upcoming changes to the board of directors (the "Board") of the Company.Meeting DetailsBengal will hold the Meeting on Tuesday, September 28, 2021 at 10:00 a.m. (Calgary time) in the Main Floor Conference Centre at 715 - 5th Avenue S.W., Calgary, Alberta. The Meeting will be conducted in person; however, in view of the public health concerns and requirements respecting the COVID...
Bengal Announces Operational Update for its Expanded Development Progr...
Calgary, Alberta--(Newsfile Corp. - August 23, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces its plan for the natural gas and oil development program on its 100% working interest in the Wareena, Ghina, Karnak and Ramses Petroleum Leases ("PLs") in its Cooper Basin operating area.In readiness for this program, the Company is pleased to announce that it has signed formal service contracts with Ago Vires Pty Ltd as principal contractor operating out of its home base of Thargomindah, Queensland, Fyfe Pty Ltd for surface facilities engineering and pipeline integrity, I...
Bengal Energy Announces Fiscal 2022 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 10, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the first quarter of fiscal 2022 ended June 30, 2021. FIRST QUARTER FISCAL 2022 HIGHLIGHTS: The following is an overview of the financial and operational results during the three month period ended June 30, 2021. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Sales Revenue - Crude oil sales revenue was $1.5 million in the first quarter of fiscal 2022, which is 41% higher than the $1.1 million r...
Bengal Energy Announces Fourth Quarter and Fiscal 2021 Year End Result...
Calgary, Alberta--(Newsfile Corp. - June 21, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the fourth quarter and the fiscal year ended March 31, 2021. FISCAL YEAR END & FOURTH QUARTER 2021 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and twelve month periods ended March 31, 2021. All amounts are in Canadian funds, unless otherwise noted: Financial Summary: Long term debt - On February 26, 2021, the Company completed its debt settlement transaction between its wh...
Bengal Announces Corporate Video Presentation
Calgary, Alberta--(Newsfile Corp. - May 25, 2021) - Bengal Energy Ltd. (TSX: BNG) (the "Company") is pleased to announce our Company Corporate Video Presentation which can be viewed through the following link: .About BengalBengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information can be found on as well as on Bengal Energy LTD. ...
Bengal Announces Latest Corporate Presentation
Calgary, Alberta--(Newsfile Corp. - April 21, 2021) - Bengal Energy Ltd. (TSX: BNG) (the "Company") is pleased to announce our latest Corporate Presentation, which can be viewed through the following link: About BengalBengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at FOR FURTHER INFORMATION PLEASE CONTACT:Be...
Bengal Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - March 22, 2021) - Bengal Energy Ltd. (TSX: BNG) (the "Company") announces that it has issued an aggregate of 11,340,000 options to purchase common shares of the Company pursuant to its Stock Option Plan. The options were granted on March 19, 2021 to employees, officers and directors of the Company and have an exercise price of $0.08/share, being the closing price of the Company's common shares on the TSX on that date. The options vest over a 3 year period, as to one-third of the total number granted on each of the first, second and third anniversaries of t...
Bengal Announces Executive Changes
Calgary, Alberta--(Newsfile Corp. - March 5, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that Mr. Matt Moorman has tendered his resignation as Chief Financial Officer of Bengal, effective March 4, 2021, to pursue other opportunities."We appreciate Matt's contributions to our Company and we wish him the best in his future endeavours," said Chayan Chakrabarty, President and Chief Executive Officer of Bengal.With the departure of Mr. Moorman, Bengal has appointed Mr. Jerrad Blanchard as Chief Financial Officer of the Company, such appointment to be effective March ...
Early Warning News Release in Connection with the Share Ownership of B...
Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - In accordance with the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103"), Texada Capital Management Ltd. ("Texada"), a company owned and controlled by Mr. Wheeler a director of Bengal Energy Ltd. (the "Corporation" or "Bengal") and his spouse (Texada and such individuals being, collectively, the "Insiders"), announces that Texada has acquired ownership and control of an aggregate of 330,720,000 common shares ("Common Shares") of Bengal representing a...
Bengal Energy Announces Closing of Private Placement and Debt Settleme...
Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement ("Private Placement") of common shares in the capital of the Company ("Common Shares") to Texada Capital Management Ltd. ("Texada"). Bengal is also pleased to announce the closing of the transactions contemplated by the debt settlement agreement (the "Debt Settlement") with its senior secured lender Westpac Banking Corporation ("Westpac") in respect of the settlement of all indebtedness a...
Bengal Energy Provides Update on Debt Settlement and Equity Financing
Calgary, Alberta--(Newsfile Corp. - February 19, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to provide an update with respect to its previously announced debt settlement transaction (the "Debt Settlement") and concurrent private placement. Bengal has now received formal written notification from the Australian Foreign Investment Review Board that it will not object to the Private Placement. As previously announced, the Toronto Stock Exchange (the "TSX") has conditionally approved the Private Placement, subject to Bengal fulfilling all of the requirements o...
Bengal Energy Announces Fiscal 2021 Third Quarter Results and Subseque...
Calgary, Alberta--(Newsfile Corp. - February 12, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial results for the third quarter of fiscal 2021 ended December 31, 2020.Subsequent Event Notice As previously announced, Bengal has reached an agreement with its senior secured lender Westpac Banking Corporation ("Westpac") to settle all principal amounts outstanding under the credit facility (the "Credit Facility") and extinguish the debt owing to Westpac (the "Debt Settlement"). To facilitate the Debt Settlement, the Company entered into an agreement w...
Bengal Energy Announces Reliance on Financial Hardship Exemption in Co...
Calgary, Alberta--(Newsfile Corp. - February 1, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce further details with respect to its previously announced non-brokered private placement ("Private Placement") of common shares in the capital of the Company ("Common Shares") to Texada Capital Management Ltd. ("Texada"). Further to the Company's press release of Monday January 25, 2021, Bengal has entered into a subscription agreement with Texada whereby Texada has agreed to subscribe for Common Shares at the price of CAD$0.05 per share for an aggregate subsc...
Bengal Energy Announces Debt Settlement and Equity Financing
Calgary, Alberta--(Newsfile Corp. - January 25, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the execution of a binding agreement (the "Debt Settlement Agreement") with its senior secured lender Westpac Banking Corporation ("Westpac") in respect of the settlement all indebtedness and liabilities owing by Bengal's wholly owned subsidiary Bengal Energy (Australia) Pty Ltd. ("Bengal Pty") to Westpac under its secured credit facility (the "Facility"). Bengal is also pleased to announce that it has entered into a non-binding term sheet with Texada Capital...
Bengal Energy Announces Operations Update
Calgary, Alberta--(Newsfile Corp. - January 19, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to provide an update on ongoing operational matters.Water Injection Pilot - The Cuisinier pilot project is scheduled to commence active water injection in late January 2021. This program is designed to begin increasing pressure in the pool and thereby increase the expected oil recovery in both productivity and reserves. As injected volumes ramp up the project is expected to benefit from decreased water disposal fees. Farmin Activity - The location for the previously anno...
Bengal Energy Announces Fiscal 2021 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 24, 2020) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial results for the second quarter of fiscal 2021 ended September 30, 2020.SECOND QUARTER FISCAL 2021 SUMMARY: The following is an overview of the financial and operational results during the three month period ended September 30, 2020: Financial Summary: Sales Revenue - Crude oil sales revenue was $1.3 million in the second quarter of fiscal 2021, which is 47% lower than the $2.4 million recorded in Q2 fiscal 2020. Fiscal 2021 continues to be severely ...
Bengal Energy Announces Credit Facility Amendment
Calgary, Alberta--(Newsfile Corp. - October 9, 2020) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that on September 30,2020 Westpac Institutional Bank and the Company executed an agreement to extend the maturity date of the Company's bank debt of US$ 12.4 million to February 28, 2021. The Company will continue to discuss with its lender a long term solution to recapitalize its credit facility."About Bengal Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to gro...
Bengal Energy Announces Fiscal 2021 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 13, 2020) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial results for the first quarter of fiscal 2021 ended June 30, 2020.FIRST QUARTER FISCAL 2021 SUMMARY: The following is an overview of the financial and operational results during the three month period ended June 30, 2020: Financial Summary: Sales Revenue - Crude oil sales revenue was $1.1 million in the first quarter of fiscal 2021, which is 45% lower than the $2.0 million recorded in Q1 fiscal 2020. The lower sales revenue is due to a 5% decline in p...
Bengal Energy Ltd. and Santos Agree to Farmin Terms and the Drilling o...
Calgary, Alberta--(Newsfile Corp. - July 28, 2020) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce it has agreed the terms of a Farmin Agreement with Santos QNT Pty Ltd. ("Santos") covering a portion of Bengal's ATP 934 oil and gas exploration tenement in south western Queensland.Under the terms of the Farmin Agreement, Santos will pay 100% of the well costs of a one well work program with an estimated cost of AUS$ 2.7 million. Bengal's ATP 934 exploration project and development PLs area covers approximately 1,729 square kilometres (427,000 acres) as shown...
Bengal Energy Announces Fourth Quarter and Fiscal 2020 Year End Result...
Calgary, Alberta--(Newsfile Corp. - June 25, 2020) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces its financial and operating results for the fourth quarter and the fiscal year ended March 31, 2020. FISCAL YEAR END & FOURTH QUARTER 2020 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and twelve month periods ended March 31, 2020: Financial Summary: Sales Revenue - Crude oil sales revenue was $1.1 million in the fourth quarter of fiscal 2020, which is 59% lower than the $2.7 million recorded in Q4 fiscal 2019. F...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.