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NEWPORT RECEIVES AUD$876,198 (GROSS)/AUD$613,339 (NET) QUARTERLY ROYALTY PAYMENT

Sep 3, 2024

Vancouver, Canada, September 3rd, 2024. 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 May 2024 – July 2024 quarter. Gross...

BEACH REPORT ANNUAL PRODUCTION RESULTS, UPDATED RESERVES, AND PROPOSED FY25 ACTIVITIES

Aug 13, 2024

August 13th, 2024. Newport Exploration Ltd (“Newport” or “the Company”) 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 (“GOR”). This information was reported...

NEWPORT ANNOUNCES A CHANGE TO ITS QUARTERLY DIVIDEND POLICY

Aug 9, 2024

Vancouver, Canada, August 9th, 2024.Newport Exploration Ltd (“Newport” or “the Company”) provides an update with respect to a change in its Quarterly Dividend Policy. Effective December 2019 the Company’s Board of Directors (“the Board”) approved a quarterly fixed...

News Archives

2022 Press Releases

NEWPORT RECEIVES AUD$1,730,271 (GROSS)/AUD$1,211,190 (NET) QUARTERLY ROYALTY PAYMENT December 2, 2022
NEWPORT ANNOUNCES FOURTH QUARTERLY CASH DIVIDEND OF 2022 November 10, 2022
NEWPORT RECEIVES AUD$2,888,875 (GROSS)/AUD$2,022,213 (NET) QUARTERLY ROYALTY PAYMENT September 1, 2022
BEACH REPORT ANNUAL PRODUCTION RESULTS, UPDATED RESERVES, AND PROPOSED DRILLING PROGRAM ON EX PEL 91 IN FY23 August 16, 2022
NEWPORT ANNOUNCES THIRD QUARTERLY CASH DIVIDEND of 2022 August 12, 2022
OIL PRODUCTION RATES BEAT EXPECTATIONS CONTINUED MAINTENANCE WORK & DELAYS SUCCESSFUL DRILLING ON EX PEL 91 July 21, 2022
NEWPORT PAYMENT OF SECOND QUARTERLY CASH DIVIDEND in 2022 June 9, 2022
NEWPORT RECEIVES AUD$2,193,767 (GROSS)/AUD$1,535,637 (NET) QUARTERLY ROYALTY PAYMENT June 1, 2022
NEWPORT ANNOUNCES SECOND QUARTERLY CASH DIVIDEND of 2022 May 10, 2022
PRODUCTION RATES CONTINUE TO BEAT EXPECTIONS. INCREASE IN REALIZED OIL AND GAS PRICES. SUCCESSFUL DRILLING ON EX PEL 91. April 27, 2022
NEWPORT PAYMENT OF FIRST QUARTERLY CASH DIVIDEND IN 2022 March 10, 2022
NEWPORT RECEIVES AUD$2,735,960 (GROSS)/AUD$1,915,172 (NET) QUARTERLY ROYALTY PAYMENT March 2, 2022
100% SUCCESS RATE FROM HORIZONTAL OIL DEVELOPMENT WELL DRILLING February 16, 2022
NEWPORT ANNOUNCES FIRST QUARTERLY CASH DIVIDEND OF 2022 February 8, 2022
HIGHER THAN ANTICIPATED PRODUCTION RATES. CONTINUED INCREASE IN REALIZED OIL PRICE. SUCCESSFUL DRILLING ON EX PEL 91. January 26, 2022

2021 Press Releases

UPDATED NI 43-101 REPORT FOR CHU CHUA UPDATED RESOURCE ESTIMATE AND DRILLING PLANNED FOR 2022 December 16, 2021
NEWPORT PAYMENT OF FOURTH QUARTERLY CASH DIVIDEND IN 2021 December 9, 2021
NEWPORT RECEIVES AUD$2,276,680 (GROSS)/AUD$1,593,676 (NET) QUARTERLY ROYALTY PAYMENT November 30, 2021
NEWPORT DOUBLES FOURTH QUARTERLY CASH DIVIDEND OF 2021 November 9, 2021
INCREASE IN REALIZED OIL PRICE. HIGHER THAN ANTICIPATED PRODUCTION RATES. TWO GAS DISCOVERIES. THREE HORIZONTAL WELLS PLANNED FOR EX PEL 91. October 21, 2021
BEACH 2021 INVESTOR UPDATE GAS DISCOVERIES, RECENT DRILLING SUCCESS, MORE OIL WELLS PLANNED September 29, 2021
NEWPORT PAYMENT OF THIRD QUARTERLY CASH DIVIDEND IN 2021 September 10, 2021
NEWPORT RECEIVES AUD$3,052,797 (GROSS)/AUD$2,136,958 (NET) QUARTERLY ROYALTY PAYMENT August 31, 2021
BEACH REPORT ANNUAL PRODUCTION RESULTS, UPDATED RESERVES AND FY22 DRILLING PROGRAM August 17, 2021
NEWPORT DOUBLES THIRD QUARTERLY CASH DIVIDEND OF 2021 August 11, 2021
BEACH REPORT INCREASE IN REALIZED OIL PRICE FOR QUARTER, PRODUCTION FOR QUARTER, AND DRILLING PROGRAM. July 22, 2021
NEWPORT PAYMENT OF SECOND QUARTERLY CASH DIVIDEND IN 2021 June 10, 2021
NEWPORT ANNOUNCES DOUBLING OF SECOND QUARTERLY CASH DIVIDEND May 11, 2021
BEACH REPORT DOWNGRADE TO 2P OIL AND GAS RESERVES. 39% INCREASE IN REALIZED OIL PRICE FOR QUARTER. REDUCED PRODUCTION FOR FY22 April 30, 2021
NEWPORT PAYMENT OF FIRST QUARTERLY CASH DIVIDEND IN 2021 March 15, 2021
NEWPORT RECEIVES AUD$2,568,598 (GROSS)/AUD$1,798,019 (NET) QUARTERLY ROYALTY PAYMENT. March 2, 2021
BEACH REPORT NEW WELLS BEING BROUGHT ONLINE, NEW WELLS PLANNED, PRODUCTION TARGETS, BUDGET FOR WESTERN FLANK AND LIFE OF ASSETS February 17, 2021
NEWPORT ANNOUNCES FIRST QUARTERLY CASH DIVIDEND OF 2021 February 10, 2021
NEWPORT REPORTS ON BEACH’S SECOND QUARTER 2021 PRODUCTION. CONTINUED DRILLING SUCCESS ON BAUER FIELD IN EX-PEL 91. EIGHT NEW WELLS TO COME ONLINE. January 28, 2021

2020 Press Releases

NEWPORT PAYMENT OF FOURTH QUARTERLY CASH DIVIDEND December 11, 2020
NEWPORT RECEIVES AUD$2,692,836 (GROSS)/AUD$1,884,985 (NET) QUARTERLY ROYALTY PAYMENT December 10, 2020
NEWPORT ANNOUNCES ELECTION OF DIRECTORS December 9, 2020
NEWPORT ANNOUNCES TRIPLING OF FOURTH QUARTERLY CASH DIVIDEND November 12, 2020
NEWPORT REPORTS ON BEACH’S FIRST QUARTER 2021 PRODUCTION. 100% DRILLING SUCCESS ON BAUER FIELD IN EX-PEL 91. October 26, 2020
NEWPORT RECEIVES AUD$1,840,434 (GROSS)/AUD$1,288,304 (NET) QUARTERLY ROYALTY PAYMENT September 1, 2020
BEACH REPORT ANNUAL PRODUCTION RESULTS, UPDATED RESERVES AND FY22 DRILLING PROGRAM August 20, 2020
NEWPORT ANNOUNCES THIRD QUARTERLY CASH DIVIDEND August 12, 2020
NEWPORT REPORTS ON BEACH’S FOURTH QUARTER PRODUCTION. CONTINUED DRILLING SUCCESS ON EX-PEL 91 July 22, 2020
NEWPORT RECEIVED AUD$3,364,809 (GROSS)/AUD$2,355,366(NET) QUARTERLY ROYALTY PAYMENT June 2, 2020
NEWPORT ANNOUNCES SECOND QUARTERLY CASH DIVIDEND May 13, 2020
Third Quarter Report for the Period Ended April 30, 2020 April 30, 2020
NEWPORT REPORTS PRODUCTION INCREASE OF 19%. CONTINUED DRILLING SUCCESS ON EX-PEL 91. GUIDANCE UPDATE. April 22, 2020
NEWPORT WELL POSITIONED TO MAINTAIN QUARTERLY DIVIDEND March 30, 2020
NEWPORT RECEIVES AUD$3,602,465 (GROSS)/AUD$2,521,726 (NET) QUARTERLY ROYALTY PAYMENT March 2, 2020
BEACH’S HALF YEAR REPORT HIGHLIGHTS 100% SUCCESSFUL APPRAISAL AND DEVELOPMENT DRILLING IN FOUR OIL FIELDS IN EX PEL 91, BAUER-39 PRODUCTION, SEVERAL NEW WELL LOCATIONS IDENTIFIED, TWO SUCCESSFUL GAS WELLS, INFRASTRUCTURE UPGRADES. February 11, 2020
NEWPORT ANNOUNCES FIRST QUARTERLY $0.01 CASH DIVIDEND February 10, 2020
PRODUCTION-GROWTH CONTINUES WITH 16% INCREASE IN QUARTERLY OIL PRODUCTION FROM EX PEL 91. TWO LOWRY WELLS CONNECTED. 100% SUCCESS RATE FROM DRILLING IN EX PEL 91. ARNO-3 WELL SUCCESSFUL January 29, 2020

2019 Press Releases

NEWPORT ANNOUNCES QUARTERLY DIVIDEND POLICY December 12, 2019
GRANTING OF INCENTIVE STOCK OPTIONS December 10, 2019
NEWPORT ANNOUNCES ELECTION OF DIRECTORS December 6, 2019
NEWPORT RECEIVED AUD$2,200,918 NET QUARTERLY ROYALTY PAYMENT December 3, 2019
BEACH REPORT INCREASED PRODUCTION, CONTINUED DRILLING SUCCESS AND PLANS FOR FY2020 EXPLORATION AND EVELOPMENT IN THE COOPER BASIN, AUSTRALIA October 29, 2019
NEWPORT ANNOUNCES SPECIAL $0.06 CASH DIVIDEND September 16, 2019
NEWPORT RECEIVED AUD$2,219,233 NET QUARTERLY ROYALTY PAYMENT September 3, 2019
BEACH REPORT RECORD PRODUCTION, INCREASED RESERVES, FY2020 APPRAISAL STRATEGY FOR THE BAUER FIELD, AND DRILLING FOR FY2020 IN THE COOPER BASIN, AUSTRALIA August 21, 2019
NEWPORT REPORTS ON BEACH’S INCREASED PRODUCTION & FURTHER DRILLING SUCCESS July 24, 2019
NEWPORT RECEIVES AUD$1,659,487 NET QUARTERLY ROYALTY PAYMENT June 4, 2019
NEWPORT REPORTS ON BEACH’S INCREASED PRODUCTION & DRILLING SUCCESS May 1, 2019
NEWPORT RECEIVED AUD$1,433,853 NET QUARTERLY ROYALTY PAYMENT, GAS POTENTIAL AND CORPORATE UPDATE March 6, 2019
GAS PRODUCTION FROM EX PEL 106, EX PEL 91 AND THE UDACHA BLOC, SEVEN GAS WELLS TO BE DRILLED STARTING MARCH 2019 February 14, 2019
EX PEL 91 OIL PRODUCTION UP 17%, GAS PRODUCTION UP 7%, FIVE NEW WELLS BROUGHT ONLINE, BAUER FIELD EXTENSION, GAS CONTRACTS SIGNED January 31, 2019

2018 Press Releases

NEWPORT RECEIVES AUD$1.94M NET QUARTERLY ROYALTY PAYMENT December 6, 2018
BAUER-27 AND -28 WELLS SUCCESSFUL ON EX PEL 19. BAUER NORTHEAST-1 WELL CONFIRMS BAUER FIELD EXTENSION. BEACH PROVIDE PRODUCTION GUIDANCE FOR ITS Q1 FY 2019. October 29, 2018
BEACH REPORT OVER 100% INCREASE IN 2P OIL RESERVES ON EX PEL 91 October 24, 2018
NEWPORT RECEIVES $723,760 FROM OPTION AND WARRANT EXERCISE October 9, 2018
NEWPORT RECEIVES $215,000 FROM OPTION EXERCISE October 4, 2018
NEWPORT EXPLORATION ANNOUNCES SPECIAL DIVIDEND September 27, 2018
COOPER BASIN CONTINUES TO DELIVER-NEWPORT RECEIVES OVER AUD$2.1M NET QUARTERLY ROYALTY PAYMENT September 4, 2018
BEACH PROVIDE QUARTERLY REPORT UPDATE July 26, 2018
BEACH REPORT ADDITION OF 12MMBOE 1P AND 14MMBOE 2P RESERVES ON EX PEL 91 IN COOPER BASIN, AUSTRALIA July 3, 2018
COALINGA-1 DW1 ON EX PEL 106 ENCOUNTERS 6.3 METRES OF NET GAS PAY IN PATCHAWARRA FORMATION June 7, 2018
ROYALTY AND FINANCIAL UPDATE June 1, 2018
COOPER BASIN CONTINUES TO DELIVER WITH A 22% INCREASE IN PRODUCTION FROM EX PEL 91 AND A 6% INCREASE FROM EX PEL 106 April 24, 2018
STUNSAIL-7 SUCCESSFUL, 509 METRES OF NET OIL PAY April 4, 2018
STUNSAIL-6 AND KALLADEINA NORTH-1 ON EX PEL 91 BOTH SUCCESSFUL March 7, 2018
ROYALTY AND FINANCIAL UPDATE March 5, 2018
DEVELOPMENT, EXPLORATION AND PRODUCTION GUIDANCE UPDATE February 20, 2018
FIRST TWO WELLS IN STUNSAIL FIELD, AND KALLADEINA-3 IN KALLADEINA FIELD IN EX-PEL 91 ALL COMPLETED AND SUCCESSFUL February 7, 2018
PRODUCTION AND DEVELOPMENT UPDATE January 31, 2018
NEW FIELD DISCOVERIES AT LOWRY AND LARGS ON EX PEL 91. LARGS-1 INTERSECTS 3 PAY ZONES January 10, 2018

2017 Press Releases

NEWS RELEASE December 20, 2017
BEACH DRILLING AND TEST RESULTS FOR NOVEMBER 2017 December 6, 2017
ROYALTY AND FINANCIAL UPDATE December 4, 2017
BEACH DRILLING RESULTS FOR OCTOBER 2017 November 1, 2017
DEVELOPMENT, EXPLORATION AND PRODUCTION GUIDANCE UPDATE October 31, 2017
BEACH DRILLING RESULTS FOR SEPTEMBER 2017 October 4, 2017
BEACH DRILLING RESULTS FOR AUGUST 2017 September 6, 2017
ROYALTY AND FINANCIAL UPDATE September 5, 2017
RESERVE & EXPLORATION AND DEVELOPMENT UPDATE ON EX PEL’S 91, 106, 107 AND 632 August 21, 2017
350 METRES HORIZONTAL NET OIL PAY INTERSECTED ON EX PEL 91 August 2, 2017
PENNINGTON-6 IN EX PEL 91 INTERSECTS NINE METRES OF PAY. PRODUCTION, DEVELOPMENT AND EXPLORATION UPDATE July 27, 2017
BEACH DRILLING RESULTS FOR JUNE 2017 July 5, 2017
NEWPORT EXPLORATION ANNOUNCES SPECIAL DIVIDEND June 19, 2017
ROYALTY AND FINANCIAL UPDATE June 1, 2017
PENNINGTON-6 ON EX PEL 91 INTERSECTS 8.4 METERS OF NET PAY May 3, 2017
MOKAMI-1 DISCOVERY AND PENNINGTON-5 RESULTS ON EX PEL 91, EXPANDED GAS DRILLING PROGRAM UNDERWAY April 5, 2017
NEWS RELEASE: Incentive Stock Options Granted March 2, 2017
FURTHER EXPLORATION SUCCESS ON EX-PEL’S 106 & 91 March 1, 2017
ROYALTY AND FINANCIAL UPDATE February 28, 2017
DEVELOPMENT, EXPLORATION AND PRODUCTION GUIDANCE UPDATE February 22, 2017
PRODUCTION AND DEVELOPMENT UPDATE – EX PEL’S 91 AND 106 February 1, 2017
FURTHER EXPLORATION SUCCESS ON EX-PEL 106 WITH CANUNDA-3 WELL January 11, 2017