Bengal Energy : QLD Gasfields Commission – ESG Measures

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 -

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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