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Bengal Energy Closes $8MM Private Placement

Proceeds will be used to fund its acquisition in the Cooper-Eromanga Basin in Queensland, Australia.

Proceeds will be used for general working capital purposes.

Proceeds will be used to fund capital and operating activities.

Net proceeds will be used to fund the acquisition of producing oil and gas assets in the shallow waters of the Gulf of Mexico.

Net proceeds will be used to fund the purchase of Discovery Offshore SA shares and the final payment for Discovery Triumph and Discovery Resilience.

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