Trading Symbol: NWX VANCOUVER, BC, Dec. 11, 2020 /CNW/ - Newport Exploration Ltd. is pleased to announce the payment of its fourth quarterly cash dividend in 2020 of $0.03 per share to its shareholders of record at the close of business on November 26, 2020. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for March, 2021 [...]
Trading Symbol: NWX VANCOUVER, BC, Dec. 9, 2020 /CNW/ - Newport Exploration Ltd. is pleased to announce that the nominees listed in the management Information Circular for the 2020 Annual General Meeting of Shareholders were re-elected as directors of Newport. A total of 61,829,897 common shares or 58.56 per cent of Newport's issued and outstanding common shares were voted in connection with the AGM. The detailed results [...]
Trading Symbol: Newport Exploration Ltd. is pleased to report its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the August to October 2020 quarter. Gross royalty income for the quarter was AUD$2,692,836. The AUD$1,884,985 payment received by Newport is net of 30% Australian withholding taxes . Newport has approximately CDN$8.6 million in its Treasury, comprised of cash, cash equivalents, and [...]
Trading Symbol: VANCOUVER, BC, Nov. 12, 2020 /CNW/ - Newport Exploration Ltd. is pleased to announce its fourth quarterly cash dividend in 2020 of $0.03 per share to its shareholders of record at the close of business on November 26, 2020. The Dividend payment date is December 11, 2020. The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend [...]
Trading Symbol: NWX VANCOUVER, BC, Oct. 26, 2020 /CNW/ - Newport Exploration Ltd. is pleased to provide an update on production and drilling activities on 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 its, Quarter Report for the period ended 30th September, 2020 . In light of the recent turmoil in global oil markets [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to report its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the May to July 2020 quarter. Gross royalty income for the quarter was AUD$1,840,434. The AUD$1,288,304 payment received by Newport is net of 30% Australian withholding taxes . With the success of the drilling programs conducted by Beach for both oil and gas permits over which [...]
Trading Symbol: Newport Exploration Ltd. is pleased to provide an update on operations and reserves on 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 news releases dated 17th August, 2020, and reference should be made to their website for guidance. Beach reports on the Western Flank, which includes ex PEL's 91, 106 [...]
Trading Symbol: NWX Newport Exploration Ltd. is pleased to announce its third quarterly cash dividend of $0.01 per share to its shareholders of record at the close of business on August 26th, 2020. The Dividend payment date is September 10th, 2020. 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. The [...]
Newport Exploration is pleased to provide an update on production and drilling activities on 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 its ASX Announcement, FY2020 Fourth Quarter Activities Report dated 22nd July, 2020. In light of the recent turmoil in global oil markets as a result of a drastic decline in [...]
Newport Exploration Ltd. is pleased to report its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the February to April 2020 quarter. Gross royalty income for the quarter was AUD$3,364,809. The AUD$2,355,366 payment received by Newport is net of 30% withholding taxes in accordance with the Australian Tax Office. With the success of the drilling programs conducted by Beach for both oil and gas [...]
Newport Exploration Ltd. is pleased to announce its second quarterly cash dividend of $0.01 per share to its shareholders of record at the close of business on May 28th, 2020. The Dividend payment date is June 10th, 2020. 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. Management believes that based on [...]
Newport Exploration is pleased to provide an update on production and drilling activities, on 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 its ASX Announcement, FY2020 Third Quarter Activities Report dated 22nd April, 2020. In light of the recent turmoil in global oil markets as a result of a drastic decline in [...]