Latest Bengal Energy Ltd (BNGLF) Headlines Be
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Bengal Energy Announces Third Quarter Fiscal 2014 Results
Marketwire - Wed Feb 12, 4:02PM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce its financial and operating results for the third fiscal quarter of 2014 (period ended December 31, 2013).
Bengal Energy Announces Extension of Maturity Date of $1.75 Million Private Placement Non-Convertible Notes
Marketwire - Fri Jan 24, 4:18PM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces that it has agreed with the holders of Bengal's $1,750,000 aggregate principal amount of non-convertible notes ("Non-Convertible Notes") to extend the term of the Non-Convertible Notes from January 24, 2014 to January 24, 2015 and to provide the holders with the right to demand repayment on at least 15 business days prior written notice to Bengal. All of the Non-Convertible Notes are held by insiders of the Company.
Bengal Energy Announces Drilling Results of Tangalooma-1 at Tookoonooka in Australia's Cooper Basin
Marketwire - Thu Jan 02, 5:16PM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that Beach Energy Ltd. ("Beach") has completed drilling operations at Tangalooma-1, the first of two fully funded exploration wells to be drilled in Bengal's Tookoonooka block within Australia's Cooper Basin under the Beach joint venture (the "JV"). The well failed to define a commercial hydrocarbon accumulation and has been plugged and abandoned.
Bengal Energy Announces Closing of Purchase of Additional Interest in the Cuisinier Oil Field and Operational Update
Marketwire - Wed Dec 18, 7:46PM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of the previously announced purchase of an additional 5.357% working interest in the Cuisinier Oil Field and Petroleum Lease 303 ('PL303') (the "Acquisition") in the Cooper-Eromanga Basin in Queensland, Australia and to provide an operational update.
Bengal Energy Announces Executive Appointment
Marketwire - Tue Nov 26, 6:01AM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces the appointment of Mr. Jerrad Blanchard, CA as Chief Financial Officer (CFO), effective December 1, 2013.
Bengal Energy Announces Second Quarter Fiscal 2014 Results
Marketwire - Wed Nov 13, 5:04PM CST
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce its financial and operating results for the second fiscal 2014 quarter ended September 30, 2013.
Bengal Energy Announces Record Production and Operational Update from Activities in Cooper Basin, Australia
Marketwire - Wed Aug 28, 6:01AM CDT
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") today announces record production volumes along with an operational update from its activities in the Cooper Basin, Queensland, Australia.
Bengal Energy Announces First Quarter Fiscal 2014 Results
Marketwire - Wed Aug 14, 4:43PM CDT
Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce its financial and operating results for the first fiscal 2014 quarter ended June 30, 2013.
Bengal Energy Announces Election by Insiders to Convert Convertible Notes
CNW Group - Mon Jul 22, 7:00AM CDT
Bengal Energy (TSX: BNG) ("Bengal", or the "Company") is pleased to announce that certain insiders of the Company have elected to convert $1.5 million of short-term convertible notes (the "Convertible Notes"), into common shares ("Common Shares") of Bengal at an exercise price of $0.56 per Common Share. The Convertible Notes were issued pursuant to a private placement of $3.5 million of both Convertible and non-convertible Notes (the "Notes"), of which insiders of the Company purchased approximately 85% of all Notes.
Bengal Energy Announces Closing of $8.0 Million Private Placement
CNW Group - Fri Jul 05, 1:59PM CDT
Bengal Energy (TSX: BNG) ("Bengal", or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement of 8,000 units ("Units") of the Company at a price of $1,000 per Unit for aggregate gross proceeds of $8.0 million (the "Private Placement"). The proceeds from the Private Placement will be used to fund the Company's previously announced purchase of an additional 5.357% interest in its key property, Cuisinier, located in the Cooper-Eromanga Basin in Queensland, Australia (the "Acquisition"). Following closing of the Acquisition, Bengal's net production participation will increase by more than 20%.
Bengal Energy Announces $8.0 Million Private Placement to Fund Acquisition of Additional Interest in Cuisinier
CNW Group - Thu Jul 04, 11:07AM CDT
Bengal Energy (TSX: BNG) ("Bengal", or the "Company") is pleased to announce that it will be conducting a non-brokered private placement of 8,000 units ("Units") of the Company at a price of $1,000 per Unit for aggregate gross proceeds of $8.0 million (the "Private Placement"). The proceeds from the Private Placement will be used to fund the Company's previously announced exercise of a pre-emptive right to purchase an additional 5.357% interest in the Cuisinier Oil Field and Authority to Prospect ("ATP") 752P (the "Acquisition") in the Cooper-Eromanga Basin in Queensland, Australia,. Upon completion of the Acquisition, the Company's total ownership in Cuisinier will increase to 30.357%, resulting in Bengal's net production participation increasing by more than 20%.
Bengal Energy Announces Agreement to Increase Interest in the Cuisinier Oil Field and Related Permit ATP 752P to 30.357%
CNW Group - Wed Jun 26, 8:01AM CDT
Bengal Energy (TSX: BNG) ("Bengal", or the "Company") is pleased to announce that it has exercised its pre-emptive right to purchase an additional 5.357% interest in the Cuisinier Oil Field and the Authority to Prospect ("ATP") 752P (the "Acquisition") in the Cooper-Eromanga Basin in Queensland, Australia, bringing the Company's total ownership to 30.357%. The Cuisinier Oil Field has 13 successful light oil wells drilled to date, is connected by pipeline to the Cook Processing Facility, and currently generates production of approximately 375 barrels of oil per day ("b/d") net to Bengal. After giving effect to the Acquisition, this production is expected to increase by more than 20%, to approximately 455 b/d. Over the coming months, the Company will be well positioned to further benefit from additional volumes coming on-stream once the five successful wells drilled in the 2013 campaign are tied in, which is anticipated to occur in September of this year.