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Bengal Cuisinier Wells Given Go-Ahead for Production

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Bengal Cuisinier Wells Given Go-Ahead for Production

Bengal Energy Ltd. has received the final grant of Petroleum Lease 303 (PL 303) from the Queensland Government in Australia, allowing all eight Cuisinier oil wells to produce.

Over the past month, oil production from the Cuisinier field has averaged approximately 1,100 barrels of oil per day (bopd) (275 bopd net to Bengal) of 52 degree gravity oil without benefit of volumes from the shut in Cuisinier 1, 2 and 3 wells. The wells on production have been produced on Extended Production Tests and have been constrained by 1,300 barrel per day tank and truck load-out capacity at Cuisinier 1. The output when all eight wells are on production is expected to reach 2,000 to 2,500 bopd (500 to 625 bopd net to Bengal).

The grant of PL 303 located within the boundaries of the Barta sub-block of…

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