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Bullboard - Stock Discussion Forum 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... see more

TSXV:NWX - Post Discussion

Newport Exploration Ltd > Love these lines on beaches costs
View:
Post by waynemerrick1 on Apr 22, 2020 5:14pm

Love these lines on beaches costs

"Beach report that revenues from their gas sales cover their group operating and stay-in-business costs and that their reported break-even oil price is less than US$0/bbl. As also reported in the same Company News Release, Beach report that their crude sells at a material premium to Brent."
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