Operator · Australia Oil & Gas
Bengal Energy Ltd
34 articles mentioning Bengal Energy Ltd · Page 1 of 2
Bengal Strikes Oil at Barta Permit After Five-Well Campaign
Bengal holds a 30.357% working interest in the Barta Permit, ATP 752 and PL 303.
Bengal, Partners Initiate 2016 Cooper Basin Drilling; Five Wells
The program consists of five wells within Petroleum Lease 303 at the Cuisinier field comprised of four development/ appraisal locations and one near field exploration well.
Bengal Pauses Drilling Ops in 4Q; Reserves Increase to 6,204 MBbls
Bengal Energy Ltd. announces its financial and operating results for the fourth quarter and the fiscal year ended March 31, 2016.
Bengal's Cuisinier Well Stimulation Ops 'Exceed Expectations'
Production in the third quarter averaged 439 barrels of oil equivalent per day, a 26% decrease from the preceding quarter and a decrease of 20% from Q3 2015.
Bengal Energy Expands Cuisiner Pool Area
The Phase Two drilling campaign included three appraisal wells and two development wells at the ATP 752 Barta Block Cuisinier oil field.
Bengal Makes Gas Discovery at Cooper Basin Wompi Block
The well encountered light oil shows in five different Jurassic reservoir bearing formations and the well also intersected up to...
Bengal Energy Reports Passing of Director
Bengal Energy Ltd. has reported the sudden passing this weekend of Stephen Inbusch, a director of the Company.
Bengal's Koki-1 Well Comes Up Dry
Koki-1, the first of two planned exploration wells to be drilled in the Barta Block joint venture.
Bengal Set to Spud First 2014 Cuisinier Well in June
The Company also anticipates the completion and tie-in of its four remaining development wells drilled at Cuisinier to begin in mid-July.
Bengal Secures $20MM Credit Facility to Fund Cuisinier Ops
The initial draw on the Facility will fund past costs associated with the Company's Cuisinier Phase 1 drilling program.
Bengal Energy Updates Increased Reserves
Total proved (1P) WI reserves of 1.7 MMBOE at March 31, 2014 has increased by 122% and is equivalent to the prior years' total 2P reserves
Bengal Energy Provides Update on Cooper Basin
The four wells were targeting the Cretaceous Murta formation, comparable with Bengal's six best Cuisinier wells.
Bengal Embarks on Largest E&P Campaign Onshore Australia, India
Chayan Chakrabarty, President and CEO, commented: "The Bengal team has worked extremely hard with its partners to develop a 2014 drilling program that could potentially have the largest impact on the Company in its history."
Bengal Sees Successful Year Onshore Australia
Bengal recorded another profitable quarter driven by stable Australian production volumes and high netbacks from its ultra-light, large oil in place producing Cuisinier property.
Bengal, Beach's First Tookoonooka Well Misses the Mark
The well failed to define a commercial hydrocarbon accumulation and has been plugged and abandoned.
Bengal Details Latest Director Election Results
The detailed results of the vote for the election of directors were released on September 25, 2013.
Bengal Wells Hit Record Production at Cuisinier Property
Chayan Chakrabarty, President & CEO of Bengal, commented: "Bengal is very pleased to report further increases to our production and continued progress in the appraisal and development of our Australian assets."
Bengal Continues Cooper Basin Drilling Success; Grows Cash Flow
Bengal's realized revenue of $3.7 million was substantially higher than the $0.5 million realized in Q1 of the prior year.
Bengal Closes Private Placement; Ups Cuisinier Interest
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.
Bengal Ups Ante in Australia's Cuisinier Oil Field
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%.