Acquisition of Common Shares of Bengal Energy Ltd.

CALGARY, ALBERTA--(Marketwired - Feb. 27, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

William (Bill) Wheeler, a director of Bengal Energy Ltd. (the "Company"), reports that in February 2014, Mr. Wheeler directly and indirectly acquired ownership or control over an additional 1,534,500 common shares (the "Common Shares") of the Company. The purchases were made throughout February 2014 in the open market under the facilities of the Toronto Stock Exchange at an average price of $0.41 per share.

Following this acquisition, Mr. Wheeler beneficially owns or controls, directly and indirectly, 10,315,884 Common Shares, representing approximately 16.0% of the currently outstanding Common Shares. A copy of the early warning report will be filed on SEDAR at www.SEDAR.com with respect to the acquisition of the Common Shares by Mr. Wheeler's spouse and will be available upon request from the offices of the Company at: Suite 1810, 801 - 6th Avenue S.W., Calgary, Alberta T2P 3W2.

This press release does not constitute an offer of the Common Shares for sale in the United States or in any jurisdiction in which such offer or sale would be unlawful. The Common Shares have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under that act.

About Bengal

Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia and India. The Company is committed to growing shareholder value through international exploration, production and acquisitions. The Common Shares trade on the Toronto Stock Exchange under the symbol "BNG".

Additional information is available at www.bengalenergy.ca.