Newport Exploration is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the Nove 2021 - Jany 2022 quarter. Gross royalty income for the quarter was AUD$2,735,960. The AUD$1,915,172 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 Ltd. is pleased to provide information provided by Beach Energy Ltd regarding assets on the Western Flank of the Cooper Basin, Australia, as reported on February 14th, 2022 in their FY22 Half Year Results. In a News Release dated January 26th, 2022, the Company made reference to Beach's FY22 Second Quarter Activities Report for the period ended December 31st, 2022. Production Beach's First Half FY22 [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce its first quarterly cash dividend in 2022 of $0.01 per share to its shareholders of record at the close of business on February 23rd, 2022. The Dividend payment date is March 10th, 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 [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update on guidance for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty . This guidance was reported by Beach Energy Ltd in its FY22 Second Quarter Activities Report dated 25 January 2022. Production Highlights of the second quarter production from the Western Flank in the Beach report are as follows: Production [...]
Newport Exploration Ltd. is pleased to report on the summary results of an updated NI43-101 Technical Report and an updated mineral resource estimate for the Chu Chua massive sulphide deposit , located near Barriere, BC, as estimated by APEX Geoscience Ltd. of Vancouver, BC. Newport has a 100 percent interest in Chu Chua which is subject to two separate 1% Net Smelter Return royalties. An updated pit constrained mineral [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce the payment of its fourth quarterly cash dividend in 2021 of $0.02/share, to its shareholders of record at the close of business on November 24th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for March, 2022. Newport has approximately CDN$3.9 million [...]
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 2021 - October 2021 quarter. Gross royalty income for the quarter was AUD$2,276,680. The AUD$1,593,676 payment received by Newport is net of 30% Australian withholding taxes . Company Financial Status Newport has approximately CDN$6.0 million in its [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce its fourth quarterly cash dividend in 2021, of $0.02 per share to its shareholders of record at the close of business on November 24, 2021. The Dividend payment date is December 9, 2021. 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 [...]
Trading Symbol: NWX VANCOUVER, BC, Oct. 21, 2021 /CNW/ - Newport Exploration Ltd. provides an update on guidance for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty . This guidance was reported by Beach Energy Ltd in its FY22 First Quarter Activities Report dated 20 October 2021. Realized Oil & Gas Prices The average realized price of oil was AUD$110.3/bbl, up 11% on the [...]
Trading Symbol: NWX Newport Exploration Ltd. provides an update on operations 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 2021 Investor Update dated 28 September 2021. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 which are subject to the Company's GOR, as well as [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce the payment of its third quarterly cash dividend in 2021 of $0.02/share, to its shareholders of record at the close of business on August 26th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for December, 2021. Management Strategy As reported in a [...]
Trading Symbol: NWX VANCOUVER, BC , Aug. 31, 2021 /CNW/ - 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 2021 - July 2021 quarter. Gross royalty income for the quarter was AUD$3,052,797. The AUD$2,136,958 payment received by Newport is net of 30% Australian withholding taxes . Company Financial Status Newport has [...]
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