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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Metals & Mining Industrial Metals & Minerals
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

Newport Exploration Ltd > Beach Production Numbers Out
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Comment by rad10on Sep 09, 2022 6:20am
221 Views
Post# 34951446

RE:Beach Production Numbers Out

RE:Beach Production Numbers OutFlooding, no new drilling, well declines. Cooper basin took some hits with oil prices high. Unfortunate, but dividend well covered.

jsnfernley wrote: Oil production down 45.7% for the year.

Total Energy (kboe) production down 39.3% for the year.


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