JVA Avidus Management Group, Inc.

Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce
the commencement of the largest drilling campaign in the Company's history, with
15 wells planned to be drilled over the next 12 months. Bengal also provides
details about this drilling program and an update on its ongoing operations in
both Australia and India.


Operational Update

A summary of the drilling program and upcoming milestones in both Australia and
India follows.


Cuisinier Drilling- Calendar 2014

Bengal is very pleased to announce its calendar 2014 Cuisinier drilling program
(within Authority to Prospect "ATP" 752 - Barta Permit, 30.357% working interest
("WI")) commenced the week of March 25, 2014 with the spud of the Cuisinier-14
development well. Under the 2014 program, Bengal and its joint venture partners
(the "JV") plan to drill up to 10 vertical wells in two distinct phases,
including 8 development / appraisal wells and 2 exploration wells. 




   Phase One - Expected to run from late March 2014 to June 2014, with 5    
   wells expected to be drilled (4 development and 1 exploration) through   
   that period. Each of these wells will be targeting 52 degrees API,      
   ultra-light crude oil, with the locations having been selected based on  
   an improved understanding of the regional geology and enhanced           
   interpretation of 3D seismic. The Phase One drilling locations were      
   selected based on criteria observed in the 6 best performing wells of a  
   total of 14 drilled at Cuisinier by the JV to date. These 6 better       
   performing wells have demonstrated an average gross initial production   
   rate over 90 days ("IP90") of 360 barrels of oil per day (BOPD).         
                                                                            
   The Company plans to drill one exploration well in the Company's         
   Barta/Cuisinier area targeting both the Cuisinier-type productive Murta  
   zone as well as the deeper Birkhead - Hutton zones. The Birkhead-Hutton  
   zones are very prolific producers in other analog pools within the Cooper
   basin. There are a number of locations for this exploration well         
   currently under final review. All of these prospects have targeted       
   independent structural closures within the Cuisinier North 3D area       
   immediately adjacent to the Cook and Cuisinier oil fields.               
                                                                            
   Phase Two - Expected to commence in calendar mid-Q4, 2014, during which  
   the JV will drill 4 development/appraisal wells and 1 exploration well at
   Cuisinier. The JV will benefit from results obtained in Phase One and    
   will be able to use that information to high-grade locations for Phase   
   Two with a view to enhancing productivity and expanding the boundaries of
   the pool. The exploration well is planned for the end of Phase Two,      
   (calendar Q1 2015) and will test another Cuisinier North prospect which  
   has been identified on 3D seismic just north of the producing Cook and   
   Cuisinier fields. Due to the phased drilling approach, production impacts
   at Cuisinier will be staggered through the balance of calendar 2014. With
   success, Phase One wells are expected to be tied in during calendar Q3   
   2014 and Phase Two wells are expected to come on-stream at the end of the
   fourth calendar quarter of 2014.                                         



Bengal plans to announce the overall results of Phase One upon completion of
that part of the drilling campaign. 


Wompi

In the Wompi Permit (ATP 752 - WI 38%), the JV is planning to drill one
exploration well in calendar Q3 2014 targeting Birkhead, Westbourne and Adori
formations known to produce in the offsetting Bowen Field located immediately
north of the proposed location. Wompi offers Bengal moderate risk exploration in
a well-established, oil producing fairway featuring multi-zone potential.


Tookoonooka

In Bengal's Tookoonooka area (ATP 732), partner Beach Energy concluded the
acquisition of 300 km2 of new 3D seismic across the block in February, which was
fully funded by Beach under the terms of the Joint Venture Agreement ("JVA")
with Bengal. The JVA terms provide for Beach to expend AUD$11.5 million to
acquire the 3D seismic and drill up to two wells to earn a 50% interest in the
Tookoonooka block. The first exploration well was drilled in late 2013 but was
not commercial. The seismic data will now undergo processing with interpretation
to follow. The new 3D seismic will be utilized to aid Beach and Bengal in
selecting the location for the next exploration well to be funded by Beach under
the terms of the JVA. This seismic will also be used in evaluating a number of
future prospects for a potential series of exploration wells that are expected
to be drilled at Tookoonooka under the JVA. 


Onshore India

In Bengal's onshore India block situated within the Cauvery Basin (CY-ONN-2005/1
- 30% WI), the Company continues to coordinate with its partners, Gas Authority
of India Ltd. ("GAIL") and Gujarat State Petroleum Corporation ("GSPC") for the
drilling of three exploration wells. The wells are expected to be drilled by
GAIL, the operator, and the first is expected to commence by mid Q3 calendar
2014. The delays that the Company has experienced with respect to this project
have stemmed from regulatory and permitting issues, which are aggressively being
addressed by the operator. Bengal continues to work with its partners and the
relevant government bodies to advance drilling. 


Funding of Capital Program

Bengal expects to fund its share of the costs under Phase One of its Cuisinier
drilling campaign and the exploration programs at Tookoonooka and onshore India
through sources such as current cash on hand, ongoing cash flow and its ability
to expand on existing financing arrangements if necessary. Bengal is evaluating
a number of lending options with a variety of Canadian-based and international
lenders to finance the remainder of its capital programs and provide flexibility
respecting future development across all of its permits, at the lowest possible
cost of capital. 


"The Bengal team has worked extremely hard with its partners to develop a 2014
drilling program that could potentially have the largest impact on the Company
in its history. We are very pleased to commence this program which anticipates
the drilling of 15 new wells across 4 different onshore permits," said Chayan
Chakrabarty, President and CEO of Bengal. "Bengal is very well positioned to
provide our shareholders with an exciting, catalyst-rich period over the next 10
-12 months."


Bengal also advises that an updated presentation will be posted on the Company's
website no later than April 4th, which contains additional information
pertaining to the calendar 2014 drilling program. 


About Bengal

Bengal Energy Ltd. (TSX:BNG) is an international oil and gas exploration and
production company with producing and prospective light oil-weighted assets in
Australia and India. Bengal offers exposure to lower risk, current production
and cash flow, combined with longer-term high, potential impact exploration
projects. The Company's strategy is to achieve per share growth in cash flow,
production and reserves while establishing an attractive portfolio of future
drilling and exploration opportunities. Additional information is available on
our website at www.bengalenergy.ca.


Forward-Looking Statements 

This news release contains certain forward-looking statements or information
("forward-looking statements") as defined by applicable securities laws that
involve substantial known and unknown risks and uncertainties, many of which are
beyond Bengal's control. These statements relate to future events or our future
performance. All statements other than statements of historical fact may be
forward looking statements. The use of any of the words "plan", "expect",
"prospective", "project", "intend", "believe", "should", "anticipate",
"estimate", or other similar words or statements that certain events "may" or
"will" occur are intended to identify forward-looking statements. The
projections, estimates and beliefs contained in such forward looking statements
are based on management's estimates, opinions, and assumptions at the time the
statements were made, including assumptions relating to: the impact of economic
conditions in North America, Australia, India and globally; industry conditions;
changes in laws and regulations including, without limitation, the adoption of
new environmental laws and regulations and changes in how they are interpreted
and enforced; increased competition; the availability of qualified operating or
management personnel; fluctuations in commodity prices, foreign exchange or
interest rates; stock market volatility and fluctuations in market valuations of
companies with respect to announced transactions and the final valuations
thereof; results of exploration and testing activities; and the ability to
obtain required approvals and extensions from regulatory authorities.


We believe the expectations reflected in those forward-looking statements are
reasonable but, no assurances can be given that any of the events anticipated by
the forward-looking statements will transpire or occur, or if any of them do so,
what benefits that Bengal will derive from them. As such, undue reliance should
not be placed on forward-looking statements. Forward-looking statements
contained herein include, but are not limited to, statements regarding: the
carrying out of a 10 well drilling program by the Company at Cuisinier in 2014
in two phases, including the timing to drill, tie-in and put on production the
up to 10 wells to be drilled and the timing to announce results of such
drilling, the timing to drill one exploration well on the Wompi permit, the
timing for the Company to interpret seismic and evaluate prospective drilling
locations in the Tookoonooka area, the timing for the drilling of up to three
exploration wells onshore India, the funding by the Company of its share of the
costs of the first phase of drilling at Cuisinier out of ongoing cash flow and
the timing for the Company to enter into a credit facility. The forward looking
statements contained herein are subject to numerous known and unknown risks and
uncertainties that may cause Bengal's actual financial results, performance or
achievement in future periods to differ materially from those expressed in, or
implied by, these forward-looking statements, including but not limited to,
risks associated with: the failure to obtain required regulatory approvals or
extensions; failure to satisfy the conditions under farm-in and joint venture
agreements; failure to secure required equipment and personnel; changes in
general global economic conditions including, without limitations, the economic
conditions in North America, Australia, India; increased competition; the
availability of qualified operating or management personnel; fluctuations in
commodity prices, foreign exchange or interest rates; changes in laws and
regulations including, without limitation, the adoption of new environmental and
tax laws and regulations and changes in how they are interpreted and enforced;
the results of exploration and development drilling and related activities; the
ability to access sufficient capital from internal and external sources; and
stock market volatility. Readers are encouraged to review the material risks
discussed in Bengal's Annual Information Form under the heading "Risk Factors"
and in Bengal's annual MD&A under the heading "Risk Factors". The Company
cautions that the foregoing list of assumptions, risks and uncertainties is not
exhaustive. The forward-looking statements contained in this news release speak
only as of the date hereof and Bengal does not assume any obligation to publicly
update or revise them to reflect new events or circumstances, except as may be
require pursuant to applicable securities laws.


Barrels of Oil Equivalent

When converting natural gas to equivalent barrels of oil, Bengal uses the widely
recognized standard of 6 thousand cubic feet (mcf) to one barrel of oil (boe).
However, a boe may be misleading, particularly if used in isolation. A boe
conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead. Given that the value ratio based on the current
price of crude oil as compared to natural gas is significantly different from
the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be
misleading as an indication of value.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bengal Energy Ltd.
Chayan Chakrabarty
President & Chief Executive Officer
(403) 205-2526


Bengal Energy Ltd.
Jerrad Blanchard
Chief Financial Officer
(403) 205-2526
investor.relations@bengalenergy.ca
www.bengalenergy.ca

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