Newport Exploration provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty. This information was reported by Beach Energy in its FY25 Half Year Results Presentation and Interim Report for the Half Year Ended 31 December 2024, both dated Feb 6th, 2025. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 which are subject [...]
Newport Exploration provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty. This information was reported by Beach Energy Ltd. in its FY25 Half Year Results Presentation and Interim Report for the Half Year Ended 31 December 2024, both dated February 6th, 2025. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 which [...]
Newport Exploration provides an update for licences in the Cooper basin, Australia, over which the Company has a 2.5% gross overriding royalty. This information was reported by Beach Energy in its FY25 Second Quarter Activities Report dated 22 January 2025. Production Highlights of the second quarter production from the Western Flank as reported by Beach are as follows: Production from the Western Flank was 626 kboe, 6 [...]
Newport Exploration announces the grant of incentive stock options to directors, officers and a consultant to purchase 9,800,000 common shares of the Company at an exercise price of $0.08 per share for a five year term expiring Dec 30th, 2029. www.newport-exploration.com Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the accuracy or adequacy of this news release. SOURCE [...]
Newport Exploration is pleased to announce that the nominees listed in the management Information Circular for the 2024 Annual General Meeting of Shareholders were re-elected as directors of Newport. These AGM results indicate strong support for the management and Board of Directors of the Company. Subsequent to the AGM, the Board re-appointed Ian Rozier, as Chief Executive Officer and Barbara Dunfield, as Chief Financial [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the August 2024 - October 2024 quarter. Gross royalty income for the quarter was AUD$824,955. The AUD$577,469 payment received by Newport is net of 30% Australian withholding tax . Company Financial Status Newport has approximately CDN$2.5 million in its Treasury [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update for licences in the Cooper basin, Australia, over which the Company has a 2.5% gross overriding royalty . This information was reported by Beach Energy Ltd. in its FY25 First Quarter Activities Report dated 18 October 2024. Production Highlights of the first quarter production from the Western Flank as reported by Beach are as follows: Production from the [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the May 2024 - July 2024 quarter. Gross royalty income for the quarter was AUD$876,198. The AUD$613,339 payment received by Newport is net of 30% Australian withholding tax . Company Financial Status Newport has approximately CDN$2 million in its Treasury [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update on operations and reserves for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty . This information was reported by Beach Energy Ltd. in its 2024 Annual Report and FY24 Results Presentation, both dated 12th August 2024. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update with respect to a change in its Quarterly Dividend Policy. Effective December 2019 the Company's Board of Directors approved a quarterly fixed distribution of $0.01 per share. The Company enacted this policy in March 2020, with subsequent dividend payments every three months. As previously disclosed, the Company reserved the right to change the dividend [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update for licences in the Cooper basin, Australia, over which the Company has a 2.5% gross overriding royalty . This information was reported by Beach Energy Ltd. in its FY24 Fourth Quarter Activities Report dated 19 July 2024. Production Highlights of the fourth quarter production from the Western Flank as reported by Beach are as follows: Production from the [...]
Newport Exploration provides an update for licenses in the Cooper basin, Australia, over which the Company has a 2.5% gross overriding royalty . This information was reported by Beach Energy Ltd in a recent "Strategic Review Outcomes Presentation" that covered Beach's entire Australian operations. In the Presentation Beach propose a "Refresh" of their strategic plan which includes their plans for their Western Flank oil [...]