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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Post by RollinInDoughon Sep 30, 2019 1:51pm
115 Views
Post# 30178496

divy payment in today!

divy payment in today!got my divy today and put it to work right away.... full position in NWX already so.... I bought into GXE today at 46 cents.... this is a Cdn producer... decent size producer... mix of oil, with some heavy, some med and some light.... the new light from sask is proving to be a great source... some nice wells drilled there... called Tableland... wells coming on at 200 plus bopd and stable... very good economics there...

Like GXE and like NWX...  two  great small oil plays... already got about 20% return in half a year with NWX and holding that for next years 50% growth....

GXE is simply so cheap... and they know it at GXE... so they just are starting a share buy back...

two great liitle oil plays... on intl... on Cdn.... both have a double all over them...

man I love making money...
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