Mr. Chayan Chakrabarty reports

BENGAL ENERGY ANNOUNCES STOCK OPTION GRANT

Bengal Energy Ltd. has issued an aggregate of 20.9 million options to purchase common shares of the company pursuant to its stock option plan. The options were granted on May 8, 2026, to employees, officers and directors of the company and have an exercise price of four cents per share, being the closing price of the company's common shares on the Toronto Stock Exchange on that date. The options vest over a three-year period, as to one-third of the total number granted on each of the first, second and third anniversaries of the date of grant, and shall expire five years from issuance, subject to the terms of the company's stock option plan.

About Bengal Energy Ltd.

Bengal Energy 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 TSX under the symbol BNG.