Bengal Energy Enters into LOI for Path to Production at Ramses 2 Oil Well

Calgary, Alberta--(Newsfile Corp. - March 24, 2026) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that it has entered into a non-binding Letter of Intent ("LOI") with an Australian energy services company (the "Investor") to fund and execute a production test and potential completion, equipping and tie-in of the Ramses 2 oil well in PL 188, Cooper Basin, Queensland, Australia.