Le Lézard
Classified in: Business
Subjects: BOARD OF DIRECTORS, MISCELLANEOUS

Bengal Energy Announces Resignation Of Chief Financial Officer


CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") today announces that Mr. Scott Megaffin has tendered his resignation as Chief Financial Officer of Bengal, effective December 18, 2017, to pursue other opportunities.

"We appreciate Scott's contributions to our Company and we wish him the best in his future endeavours," said Chayan Chakrabarty, President and Chief Executive Officer of Bengal.

Bengal has initiated a search for a new Chief Financial Officer and expects to fill the position in the very near term.

About Bengal

Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at www.bengalenergy.ca

CAUTIONARY STATEMENTS:

Forward-Looking Statements

This news release contains certain forward-looking statements or information ("forward-looking statements") as defined by applicable securities laws that involve substantial known and unknown risks and uncertainties, many of which are beyond Bengal's control. Forward-looking statements contained herein include, but are not limited to, a statement regarding the timing of the hiring a new Chief Financial Officer of Bengal.  There is no certainty as to the timing of the hiring of a new Chief Financial Officer or that Bengal will be able to fill the position. The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking statements contained in this news release speak only as of the date hereof and Bengal does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be require pursuant to applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:

Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
(403) 205-2526
Email: [email protected]
Website: www.bengalenergy.ca


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