Newport Exploration Ltd.

Newport Exploration is pleased to provide information provided by Beach Energy Ltd regarding assets on the Western Flank of the Cooper Basin, Australia, as reported on Feb 12th, 2024 in their FY24 Half Year Results. Production Beach's First Half FY24 production from the Western Flank was 1.9MMbbl, 3% below the prior corresponding period and comprised 1.4 MMbbl of oil, 2.0 PJ of sales gas , 10 kt of LPG and 76 kbbl of [...]

Newport Exploration is pleased to announce its first quarterly cash dividend in 2024 and to provide details with respect to a change in the Quarterly Dividend paid to shareholders going forward. Effective December 2019 the Company's Board of Directors approved a quarterly fixed distribution $0.01 dividend. The Company enacted this policy in March 2020, with subsequent dividend payments every three months. As previously [...]

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 FY24 Second Quarter Activities Report dated 25 January 2024. Production Highlights of the second quarter production from the Western Flank as reported by Beach are as follows: Production from the Western Flank was 0.9 MMboe [...]

Newport Exploration is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the August 2023 - October 2023 quarter. Gross royalty income for the quarter was AUD$1,503,903. The AUD$1,052,732 payment received by Newport is net of 30% Australian withholding tax. Company Financial Status Newport has approximately CDN$2.8 million in its Treasury, comprised of cash [...]

Newport Exploration Ltd. is pleased to announce its fourth quarterly cash dividend in 2023 of $0.01 per share to its shareholders of record at the close of business on November 25th, 2023. The Dividend payment date is December 11th, 2023. The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend" for Canadian income tax purposes. About Newport [...]

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 First Quarter Activities Report dated 25 October 2023. Production Highlights of the first quarter production from the Western Flank as reported by Beach are as follows: Production from the Western Flank was 1.0 [...]

Newport Exploration announces that, effective Sept 22nd, 2023, Saturna Group, Chartered Professional Accountants LLP have been appointed as the Company's auditor until the next annual general meeting of the Company. Saturna Group replaces KPMG LLP as the Company's auditor. About Newport Newport has a 2.5% Gross Overriding Royalty over permits in the Cooper Basin, Australia, operated by Beach Energy Ltd. There is no time [...]

Newport Exploration is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the May 2023 - July 2023 quarter. Gross royalty income for the quarter was AUD$1,279,749. The AUD$895,824 payment received by Newport is net of 30% Australian withholding tax. Company Financial Status Newport has approximately CDN$3.2 million in its Treasury, comprised of cash, cash [...]

Newport Exploration 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 2023 Annual Report and FY23 Results Presentation, both dated 14th August 2023. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 which are subject to the [...]

Newport Exploration is pleased to announce its third quarterly cash dividend in 2023 of $0.01 per share to its shareholders of record at the close of business on August 25th, 2023. The Dividend payment date is Sept 12th, 2023. The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend" for Canadian income tax purposes. About Newport Newport has a [...]