Bengal Energy Ltd is seeking to farm-out interest in exploration permit ATP 934-P, located in the Warburton-Cooper-Eromanga Basin.Â  Bengal holds 100% interest and operatorship of the permit and is looking for a partner to assist in the upcoming work programme.Â  Technical presentation material is available for interested parties, upon signing a confidentiality agreement.  Bengal reports that it has outlined seven prospects within the permit.Â  The prospects are targeting stratigraphic traps within the Permian Toolachee and Patchawarra formations.Â  Bengal reports four permits within the Coonaberry East area of the permit (total 131.8 Bcf gas in place), two within the Ghina South area (59/5 Bcf gas in place) and one in the Coonaberry North area (29.5 Bcf gas in place).Â  Across the whole permit, Bengal has estimated a possible 666 Bcf 2P gas in place.  Bengal is now planning a 260 sq km 3D seismic survey, which meets the permit commitment terms and would also allow acquisition of data over six of the seven outlined prospects. The seismic is planned for Q1 2019 and would aim to identify drill locations, with two to three wells then targeted for drilling in Q4 2019.Â  It is looking for a partner to assist in the work programme.  ATP 934-P covers an area of 1,460 sq km and was awarded on 1 March 2015.Â  Bengal Energy Ltd holds 100% interest and operatorship of the permit.  Parties interested in pursuing this opportunity should contact:  Gordon Macmahon (Vice President, Exploration) â email: gmacmahon@bengalenergy.caÂ Â Â Â Â Â Â Â Â Â Â  tel: +1 403 781 7017  Richard Edgar (Executive Vice President) â email: redgar@bengalenergy.ca tel: +1 403 781 7016
Bengal Energy Ltd is seeking to farm-out interest in exploration permit ATP 934-P, located in the Warburton-Cooper-Eromanga Basin.  Bengal holds 100% interest and operatorship of the permit and is looking for a partner to assist in the upcoming work programme.  