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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. 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 known strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Comment by blackgold14on May 25, 2014 9:51pm
147 Views
Post# 22596972

RE:Hurdles to overcome with Gas commercialization?

RE:Hurdles to overcome with Gas commercialization?
standard mumbo jumbo that is in the financial report of every public oil and gas company. Every oil and gas project has 'scale' and 'infrastructure' considerations. Doesn't change the production that has come and will come out of the permit area. Just look at the detailed discovery maps on Drillsearch's website. PEL 91, 106 are world class discoveries. Again, if you or anyone wants to sell, please do so as soon as possible so I can pick up more super cheap stock. Thank you, in advance.
Bullboard Posts