Bengal Energy : QLD Gasfields Commission – ESG Measures
February 15, 2023
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BENGAL ENERGY
APPLICATION OF ESG MEASURES
GASFIELDS COMMISSION QUEENSLAND
OCTOBER 2022
BENGAL ENERGY
WHO WE ARE
Bengal Energy is a rapidly growing oil and gas company with high potential impact projects in Australia's Cooper Basin.
Headquartered in Calgary, CAN with additional office in Brisbane, AUS.
Agile and innovative explorer with producing and prospective light-oil assets
Leading-edgetechnologies that maximise output and profitability from projects
TSX: BNG; ASX: coming soon
CUISINIER - 30%
PL 303, PL 1028, PCA 206 & PCA 207
WINDORAH TROUGH FIELDS - 100%
Karnak - Permian gas
Ramses - Permian gas and Jurassic oil
Ghina - Permian gas
Wareena - Permian gas (produced)
ATP 934 - 40 - 100% BENGAL ENERGY
Permian gas plays
100% Barrolka East
40% Durham Downs East
(60% Santos)
ATP 732 - 100% BENGAL ENERGY
Cretaceous and Jurassic oil plays
Western end of Talgeberry -
Tintaburra Trend
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GOING BEYOND CO-EXISTENCE
PLEVNA DOWNS CARBON FARMING AND SHEARERS QUARTERS
Plevna Downs, organic sheep and cattle property in Cooper Basin, is a key landholder for Bengal to develop shared environmental and economic benefits.
Bengal commissioned a report on the property through carbon specialists Upscale Carbon to assess Plevna's potential as a Carbon Farming project.
Bengal upgraded Plevna Downs shearers quarters to use as base camp for its operation when unused. Landholder benefitted from improvement of existing infrastructure and improved asset utilization.
Collaboration between Bengal and agricultural enterprises place stakeholders in better position to plan for economic growth.
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COMMUNITY ENGAGEMENT
EROMANGA NATURAL HISTORY MUSEUM
Bengal was awarded petroleum production license PL 1010 which was part of a series of excavations that led to the discovery of Australia's largest dinosaur.
Relationship with ENHM contributes to development of South West
Queensland tourism and business growth.
Bengal supports ENHM through grants and funding, networking events, sponsorship.
Local community engagement delivers employment opportunities, economic growth and social benefits throughout the region.
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TRADITIONAL OWNER GROUPS
THE WONGKUMARA AND BOONTHAMURRA PEOPLE
Indigenous rights is an important policy consideration - communities must derive long-term value from oil and gas projects taking place on their land.
Established Native Title agreement (RTN) under the Native Title Act (QLD).
Bengal commissioned artworks to symbolize Bengal's respect of working on the First Nations Land and demonstrate the working relationship between Bengal and the Traditional Owners.
Benefit-sharing scheme with Native Title holders involves community in exploration and production developments, employment and sub- contracting, cultural and environmental projects.
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Disclaimer
Bengal Energy Ltd. published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 13:10:53 UTC.
Bengal Energy Ltd. an international oil and gas exploration and production company with producing and prospective light oil-weighted onshore assets in Australiaâs Cooper Basin. The Company is involved in the exploration, development and production of oil and gas reserves in Australia. Its core Australian assets, Petroleum Lease (PL) 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses are situated within an area of the Cooper Basin that is served with production infrastructure and take-away capacity for produced crude oil and natural gas. It has two PLs on the former ATP 752 Barta block, PL 303, and PL 1028, in addition to three PCAs, PCA 206, PCA 207 Barta West and PCA 155 Wompi block-Nubba/Yilgarn. The Company also holds four PLs including a pipeline license PPL 138 adjacent to the 100% owned ATP 934. Its wholly owned subsidiaries include Bengal Energy Australia (Pty) Ltd. and Bengal Energy International Inc.