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 [...]
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 2021 Annual Report and FY21 Results Presentation, both dated 16th August 2021. Beach reports on the Western Flank, which includes ex PEL's 91, 106 and 107, and PRL 26 [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce its third quarterly cash dividend in 2021, of $0.02 per share to its shareholders of record at the close of business on August 26, 2021. The Dividend payment date is September 10, 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 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 FY21 Fourth Quarter Activities Report dated 21 July 2021. Realized Oil & Gas Prices Beach report their average realized price across all products was AUD$65.3/boe, a 3% increase over the [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce the payment of its second quarterly cash dividend in 2021 of $0.02/share, to its shareholders of record at the close of business on May 26th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for September, 2021. Annual Dividend and 2021 Share Price [...]
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 February 2021 - April 2021 quarter. Gross royalty income for the quarter was AUD$2,761,395. The AUD$1,932,977 payment received by Newport is net of 30% Australian withholding taxes . Company Financial Status Newport has approximately CDN$7.5 million in its [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce its second quarterly cash dividend in 2021, of $0.02 per share to its shareholders of record at the close of business on May 26, 2021. The Dividend payment date is June 10, 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 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 FY21 Second Quarter Report and Business Report for the period ended April 30, 2021, in an announcement dated April 30, 2021. Reserve Update Beach report that a review of 2P reserves across [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce the payment of its first quarterly cash dividend in 2021 of $0.01/share to its shareholders of record at the close of business on February 25th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for June, 2021. Annual Dividend and 2021 Share Price [...]
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 November 2020-January 2021 quarter. Gross royalty income for the quarter was AUD$2,568,598. The AUD$1,798,019 payment received by Newport is net of 30% Australian withholding taxes . Company Financial Status Newport has approximately CDN$7.1 million in its [...]
Trading Symbol: NWX VANCOUVER, BC, Feb. 17, 2021 /CNW/ - Newport Exploration Ltd. is pleased to provide additional Guidance as provided by Beach Energy Ltd for future production targets, expenditures and Life of Assets on the Western Flank of the Cooper Basin, Australia. . Slightly lower oil production from the Western Flank was reported in a Company News Release dated January 28th, 2021. The Company anticipates that this [...]