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Bengal Energy reports Q4 2026 oil sales up 66% with reduced net loss amid stable reserves.

Company Fundamentals
18 Jun 2026
Newsfile Corp
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Neutral
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Bengal Energy Ltd. announced its fiscal 2026 Q4 results showing a 66% increase in crude oil sales revenue to $1.6 million, driven by higher oil prices averaging US$96.73 per barrel. Production slightly declined by 11% to 112 barrels per day, and the company reported a net loss of $1.7 million, an improvement from the previous year's $3.0 million loss. Reserves remained stable with 1,799 thousand barrels of 2P reserves. Future drilling at the Cuisinier field depends on a development plan and financing. Bengal continues to explore farm-out and acquisition opportunities despite market challenges.

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