Bengal Energy Provides Cuisinier Operations Update - Seite 2

The remaining Phase Two wells, Cuisinier-17 and Cuisinier-19, were drilled on the northwest and southeast flanks of the Cuisinier structure, respectively. The Cuisinier-17 well was cased and perforated, has swabbed low rates of oil and has now been suspended pending finalization of an appropriate stimulation program. The Cuisinier-19 well encountered a thick Murta DC70 sand within the established oil window. However, it also appears to have sub-optimal permeability. Given the current volatility of crude oil prices, the Company will evaluate various stimulation options for both Cuisinier-17 and 19 prior to committing additional capital.

Cuisinier-6 Update - The operator has now completed remediation work at the Cuisinier-6 well by setting a bridge plug to isolate a potential water source below the Murta formation. This well is scheduled to be put back on production in the very near term.

"We are very pleased with the results of our 2014 drilling program that has continued our historical pool extensional success," said Chayan Chakrabarty, Bengal's President and CEO. "We have added to our production base providing an excellent foundation for future production and reserve additions. We also are enjoying attractive net-backs, in particular as compared to our North American peers, as assisted by our advantageous hedging position. Our success gives Bengal the confidence that it can continue to grow in these difficult times. Our goal is to stay focused on costs while continuing to grow the Company's reserves base, production rate and net asset value."

About Bengal

Bengal Energy Ltd. (TSX:BNG) is an international oil and gas exploration and production company with producing and prospective light oil‐weighted assets in Australia and India. Bengal offers exposure to lower risk, current production and cash flow, combined with longer‐term high, potential impact exploration projects. The Company's strategy is to achieve per share growth in cash flow, production and reserves while establishing an attractive portfolio of future drilling and exploration opportunities. Additional information is available on our website at www.bengalenergy.ca.