Bengal Energy Ltd. announces it has entered into an agreement to refinance its joint venture payables loan having an outstanding principal balance owing, as of February 28, 2025, of Australian $1.8 million, through a new loan agreement with Texada Capital Management Ltd. , a company controlled by W. B. Wheeler. Mr. Wheeler is a director of Bengal and owns or controls 398,679,364 common shares of Bengal, being [...]
Bengal Energy Ltd. today announces its financial and operating results for the third quarter of fiscal 2025 ended December 31, 2024. THIRD-QUARTER FISCAL 2025 HIGHLIGHTS: The following is an overview of the financial and operational results during the three months ending December 31, 2024. All amounts are in Canadian funds unless otherwise noted: Financial summary: Sales revenue - Crude oil sales revenue was $1.4 million [...]
Bengal Energy Ltd. announces that the Company has changed its auditor from KPMG LLP to MNP LLP effective as of December 16, 2024. At the request of the Company, KPMG resigned as auditor of the Company effective as of December 16, 2024 . MNP was appointed as auditor of the Company effective as of December 16, 2024, to fill the vacancy from the Date of Resignation until the next annual meeting of shareholders of the [...]
Bengal Energy Ltd. today announces its financial and operating results for the second quarter of fiscal 2025 ended September 30, 2024. SECOND-QUARTER FISCAL 2025 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-months ending September 30, 2024. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was $1.3 [...]
Bengal Energy Ltd. is pleased to announce that the nominees listed in Bengal's information circular proxy statement dated August 12, 2024, were elected as directors of Bengal at its annual general meeting of shareholders held on September 19, 2024 in Calgary, Alberta. On a vote by ballot, each of the following five nominees proposed by management was elected as a director of Bengal and the detailed results of such ballot [...]
Bengal Energy Ltd. announces that it has filed the information circular - proxy statement and related meeting and proxy materials in relation to its Annual General Meeting of shareholders and announces an additional upcoming change to the board of directors . As previously announced, Bengal will hold the Meeting on Thursday, September 19, 2024, at 3:00 p.m. at 640, 630 6th Avenue S.W., Calgary, Alberta. Shareholders and [...]
Bengal Energy Ltd. today announces its financial and operating results for the first quarter of fiscal 2025 ended June 30, 2024. FIRST-QUARTER FISCAL 2025 HIGHLIGHTS: The following is an overview of the financial and operational results during the three- months ending June 30, 2024. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was $1.9 million in the [...]
Bengal Energy Ltd. provides an update respecting its Annual General Meeting of shareholders and upcoming changes to the board of directors and management of the Company. Meeting Details Bengal will hold the Meeting on Thursday, September 19, 2024, at 3:00 p.m. in person hosted in the boardroom of Bengal office at 640, 630-6th Ave S.W., Calgary, Alberta. Shareholders and guests can listen to the Meeting via teleconference [...]
Bengal Energy Ltd. engaged GLJ Ltd. to provide an evaluation of the Company's oil reserves and resources dated June 12, 2024, with an effective date of March 31, 2024 . The reserves and resources data set forth below is based upon the GLJ Report. GLJ is an independent reserves evaluator and the GLJ Report was prepared in accordance the Canadian Oil and Gas Evaluation Handbook and the reserve and resources definitions [...]
Bengal Energy Ltd. today announces its financial and operating results for the fourth quarter of fiscal 2024 ended March 31, 2024. FOURTH-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three-and twelve-months ending March 31, 2024. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Reserves - Bengal's independently evaluated Proved [...]
Bengal Energy Ltd. announces the completion of its Field Resource Maturation and Development Plan for its Tookoonooka Potential Commercial Area 332 . Highlights of the Plan: PCA 332, in which Bengal has a 100% working interest, covers a 343 km2 prospect area and was granted for a 15-year term effective January 30, 2023. The Plan includes up to 15 independent multi-horizon prospects located in PCA 332, including the [...]
Bengal Energy Ltd. today announces its financial and operating results for the third quarter of fiscal 2024 ended December 31, 2023. THIRD-QUARTER FISCAL 2024 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and nine months ending December 31, 2023. All amounts are in Canadian funds unless otherwise noted: Financial Summary: Sales revenue - Crude oil sales revenue was $1.6 [...]