Bengal Energy Ltd. announced that it has agreed with the holders of Bengal's $1,750,000 aggregate principal amount of nonconvertible notes to extend the term of the Non-Convertible Notes from January 24, 2014 to January 24, 2015 and to provide the holders with the right to demand repayment on at least fifteen business days prior written notice to Bengal. All of the Non- Convertible Notes are held by insiders of the company.