January 2, 2018 - 8:30 AM EST
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Bengal Energy Announces Executive Appointment

CALGARY, Alberta, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the “Company”) announces the appointment of Mr. Matthew Moorman as Chief Financial Officer (“CFO”) of the Company, effective today January 2, 2018.

Mr. Moorman brings 20 years of senior financial experience in the energy sector to Bengal, along with extensive domestic and international capital market experience and a strong background in public financial reporting, corporate governance, M&A and tax planning.  Previously, Mr. Moorman served as CFO for Green Life Can Corp., a private start-up oil and gas company.  Prior thereto, he held the position of CFO at a publicly traded international oil and gas drilling company as well as VP Finance and Treasurer for Provident Energy Ltd.  Mr. Moorman has been a CPA, CMA since 1987 and received his MBA from the University of Toronto’s Rotman School of Management in 1996.

“We are very pleased to welcome Matt to the Bengal team,” said Chayan Chakrabarty, Bengal’s President and CEO.  “His senior executive experience in capital markets in the oil and gas sector and solid strategic skills will be influential in Bengal’s pursuit of near-term avenues for growth.”

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 Toronto Stock Exchange under the symbol “BNG”. Additional information is available at www.bengalenergy.ca .

FOR FURTHER INFORMATION PLEASE CONTACT:

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

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Source: GlobeNewswire (January 2, 2018 - 8:30 AM EST)

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