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 - Oct 2022 quarter. Gross royalty income for the quarter was AUD$1,730,271. The AUD$1,211,190 payment received by Newport is net of 30% Australian withholding tax . Company Financial Status Newport has approximately CDN$4.5 million in its Treasury, comprised of cash, cash [...]
Newport Exploration is pleased to announce its fourth quarterly cash dividend in 2022 of $0.01 per share to its shareholders of record at the close of business on November 25th, 2022. The Dividend payment date is Dec 12th, 2022. 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. "Although the Company [...]
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 FY23 First Quarter Activities Report dated 19 October 2022. Production Highlights of the first quarter production from the Western Flank in the Beach report are as follows: Production from the Western Flank was 1.0 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 May - July 2022 quarter. Gross royalty income for the quarter was AUD$2,888,875. The AUD$2,022,213 payment received by Newport is net of 30% Australian withholding tax. Company Financial Status Newport has approximately CDN$4.9 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 2022 Annual Report and FY22 Results Presentation, both dated 15th August 2022. 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 2022 of $0.01 per share to its shareholders of record at the close of business on August 26th, 2022. The Dividend payment date is Sept 12th, 2022. 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. "As a result of Beach's [...]
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 FY22 Fourth Quarter Activities Report dated 20 July 2022. Production & Delays Highlights of the fourth quarter production from the Western Flank in the Beach report are as follows: Due to an 11-day shutdown of the [...]
Newport Exploration is pleased to announce the payment of its second quarterly cash dividend in 2022 of $0.02/share, to its shareholders of record at the close of business on May 25th, 2022. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for Sept, 2022. After payment of the Dividend, Newport has approximately CDN$3.5 million [...]
Newport Exploration is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the February - April 2022 quarter. Gross royalty income for the quarter was AUD$2,193,767. The AUD$1,535,637 payment received by Newport is net of 30% Australian withholding tax . Company Financial Status Newport has approximately CDN$5.6 million in its Treasury, comprised of cash, cash [...]
Newport Exploration is pleased to announce its second quarterly cash dividend in 2022 of $0.02 per share to its shareholders of record at the close of business on May 25th, 2022. The Dividend payment date is June 9th, 2022. 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.After after payment of the $0.02 [...]
Newport Explorationprovides 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 FY22 Third Quarter Activities Report dated 26 April 2022. Production Highlights of the third quarter production from the Western Flank in the Beach report are as follows: Production from the Western Flank was 1.2 MMboe, down [...]
Newport Exploration is pleased to announce the payment of its first quarterly cash dividend in 2022 of $0.01/share, to its shareholders of record at the close of business on February 23rd, 2022. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for June, 2022. After payment of the Dividend, Newport has approximately CDN$4.5 [...]
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