TOOKOONOOKA – ATP 732:
The Tookoonooka Permit (ATP 732 – 100% WI effective January 28, 2016) is located in the emerging East Flank oil fairway of the Cooper Basin.
The Company made application for the required regulatory relinquishment of 1/3 of the block and filed a revised Later Work Program (LWP) application covering the period March 2019 through March 2021. Among other things, this LWP will allow Bengal to study the Permian gas potential along the northern flank of the permit as well as the largely unexplored oil potential in the southern part of the permit closer to the producing Jackson/Jackson South Field which has produced greater than 49.4 million barrels of oil to date.
The Company plans to seek a Joint Venture partner to further explore this permit.