Bengal Energy Announces Executive Appointment
20 September 2017 - 10:30PM
Bengal Energy Ltd. (TSX:BNG) (“Bengal” or the
“Company”) announces the appointment of Mr. Scott Megaffin, CA, CFA
as Chief Financial Officer of the Company, effective September 29,
2017.
Mr. Megaffin brings to Bengal a strong technical
background, coupled with hands-on experience in all aspects of
corporate finance, business development, and capital markets for
public companies. Previously, Mr. Megaffin served as the
manager of Business Development and Budgeting and Planning for
Pengrowth Energy Corporation, a Toronto Stock Exchange listed
intermediate Canadian oil and natural gas producer with thermal and
conventional assets. Prior thereto, he worked in oil and
gas equity research with a Calgary based investment bank. He
became a member of the Institute of Chartered Accountants of
Alberta in 2004 and a member of the Chartered Financial Analyst
Institute in 2009.
“We are very pleased to welcome Mr. Megaffin to the
Bengal team,” said Chayan Chakrabarty, Bengal’s President and
CEO. “His direct experience in business development and the
capital markets will be instrumental as Bengal continues to pursue
strategic growth avenues.”
Mr. Megaffin will be replacing Mr. Jerrad
Blanchard, who has served as Bengal’s Chief Financial Officer since
2013 and is resigning from the Company to pursue other
opportunities. Mr. Blanchard will continue to provide
transitional assistance to the Company on an as-needed basis until
November 30, 2017.
“Jerrad has been a valued member of the Bengal team
through his tenure, providing important financial management and
leadership to the Company. On behalf of the Board of
Directors and Bengal, I would like to thank Jerrad for his
contributions and wish him continued success in his future
endeavours,” said Chakrabarty.
About Bengal
Bengal Energy Ltd. is an international junior oil
and gas exploration and production company with assets in
Australia. The Company is committed to growing shareholder value
through international exploration, production and acquisitions.
Bengal’s common shares trade on the Toronto Stock Exchange under
the symbol “BNG”. Additional information is available at
www.bengalenergy.ca.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Bengal Energy Ltd.Chayan
Chakrabarty, President & Chief Executive
Officer(403) 205-2526Email:
investor.relations@bengalenergy.caWebsite:
www.bengalenergy.ca
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