Enhancing shareholder value through our 2.5% gross overriding royalty on oil and gas permits in the Cooper Basin in Queensland, Australia and through a 100% interest in the Chu Chua copper-gold project in British Columbia, Canada
OIL PRODUCTION RATES BEAT EXPECTATIONS
CONTINUED MAINTENANCE WORK & DELAYS
SUCCESSFUL DRILLING ON EX PEL 91
Vancouver, Canada, July 21st, 2022. Newport Exploration Ltd (“Newport” or “the Company”) provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty (“GOR”). This information was reported by Beach...
Vancouver, Canada, June 9th, 2022. Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce the payment of its second quarterly cash dividend ("the Dividend") in 2022 of $0.02/share, to its shareholders of record at the close of business on May...
Vancouver, Canada, June 1st, 2022. Newport Exploration Ltd ("Newport" or "the Company") is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty ("GOR") payment from Beach Energy Ltd. ("Beach") for the February - April 2022 quarter. Gross...
About Newport Exploration Ltd.
Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada.
We hold a 2.5% gross overriding royalty (“GOR”) on several permits in Australia. These include permits currently being operated and explored by Beach Energy Ltd. (“Beach”) and Santos Ltd. (“Santos”), both major Australian oil and gas producers. Details of these assets are provided in Company news releases and by Beach and Santos.
Newport has a 100% interest in the Chu Chua massive sulphide deposit project in British Columbia, Canada.
Projects include a 2.5% gross overriding royalty on several permits in the Cooper Basin, Australia’s largest onshore oild and gas development area, as well a 100% interest in the Chu Chua massive sulphide deposit located approximately 30km north of Kamloops, British Columbia.
Keep up-to-date with all Newport Exploration activity here. News Releases are added to our web site immediately upon release to the general public, and are archived here for the past five years.
Newport Exploration is a well-financed dividend-paying company with no debt. We have a 2.5% royalty stake on several oil and gas permits in Australia, which are being actively explored by well-know operators Santos and Beach Energy in the Cooper Basin. We also own a 100% interest in the Chu Chua massive sulphide deposit in BC.
Suite 202-2168 Marine Drive
West Vancouver, BC
Canada, V7V 1K3
PHONE or FAX
PHONE: (604) 685-6851
FAX: (604) 685-6493