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To: Goose94 who wrote (52696)	6/4/2019 2:05:01 PM
From: Goose94	Read Replies (1) of 202988

Newport Exploration (NWX-V) approx $8.1-million in the treasury. June 4th 2019 - NR Newport Exploration Ltd. has received its after-tax 2.5-per-cent gross overriding royalty payment from Beach Energy Ltd. for the three-month period from February, 2019, to April, 2019. Gross royalty income for the period was $2,370,695 (Australian). The payment received by Newport of $1,659,487 (Australian) is net of 30-per-cent Australian withholding taxes ($711,208 (Australian)) in accordance with the Australian Tax Office. Newport has approximately $8.1-million in the treasury, comprising cash, cash equivalents and short-term investments. The company continues to strongly encourage shareholders and potential investors to access information released independently by Beach and Santos Ltd. to keep current during exploration, development and potential production of all the licences subject to the company's gross overriding royalty. For further information contact: Ian Rozier, Director and Chief Executive Officer +1 604 685 6851 info@newport-exploration.com www.newport-exploration.com www.beachenergy.com.au www.santos.com

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