Bengal Energy
Bengal Energy is a Canadian exploration and production company with onshore assets in Australia's Cooper Basin. TSX: BNG
Bengal Energy is a Canadian exploration and production company with onshore assets in Australia's Cooper Basin. TSX: BNG
Bengal Energy is a Canadian exploration and production company with onshore assets in Australia's Cooper Basin. Founded in 2008, the company is listed on the Toronto Stock Exchange under ticker ‘BNG’. Bengal Energy Ltd. (TSX: BNG) focuses on achieving per share growth in cash flow, production, and reserves from its current asset base, while continuing to pursue long-term growth by establishing an attractive portfolio of future drilling and exploration opportunities.
The company's production stream consists predominantly of ultra light, sweet crude oil (52° API) out of Australia, which commands a premium price to the Brent benchmark. Bengal offers unique exposure to high potential impact exploration projects underpinned by lower risk current production and cash flow. As of 14 April 2011, the company received a significant $34.53M post-IPO equity investment.
Bengal Energy operates in the Energy and Oil and Gas industries, with its headquarters based in Canada. The company presents an interesting investment opportunity with its diverse assets and growth-focused strategy.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $34.53M | - | 14 Apr 2011 |
No recent news or press coverage available for Bengal Energy.
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