|Bid||0.10 x 0|
|Ask||0.11 x 0|
|Day's Range||0.10 - 0.10|
|52 Week Range||0.08 - 0.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.15|
Bengal holds a 30.357% working interest in the Barta permit, ATP 752, the Cuisinier field and PL 303. The ATP 752 exploration permit and PL 303 are located within the Cooper Basin, Queensland, Australia.
Investors are always looking for growth in small-cap stocks like Bengal Energy Ltd (TSE:BNG), with a market cap of CA$9.7m. However, an important fact which most ignore is: how financiallyRead More...
Bengal Energy Ltd. (BNG.TO) (“Bengal” or the “Company”) today announces that the Barta joint venture parties have completed the Barta West 3D seismic interpretation and have agreed upon the location for this first exploration well on the newly acquired 3D. The location on ATP 752 Barta Block in the Cooper Basin, Australia, known as the Chookola-1 well is located approximately 8.5 kms west of the producing Barta North-1 oil well in the Cuisinier Petroleum Lease 303 (“PL 303”) and approximately 10.2 kms southwest of the Shefu-1 oil discovery drilled in 2016, also located in PL 303. Planned to be drilled to a total depth of approximately 2,650 m, the well is scheduled to spud the last week of August 2018 with an estimated cost of AUS $2.3 million gross (AUS $723,000 net to Bengal).
Bengal Energy Ltd. (BNG.TO) (“Bengal” or the “Company”) today announces its financial and operating results for the first quarter of fiscal 2019 ended June 30, 2018. Hedging – For the period April 2018 through December 2018, the Company has 65,261 barrels (“bbls”) hedged using both puts and swaps at US$ 47/bbl. In addition, the Company hedged 15,906 barrels for the period January 2019 to March 2019 using both puts and swaps at US$ 55.70/bbl.
Bengal Energy Ltd (TSX:BNG) is currently trading at a trailing P/E of 5.4x, which is lower than the industry average of 15.2x. While this makes BNG appear like a greatRead More...
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