BEACH ENERGY’S Q3 ACTIVITIES REPORT

Newport Exploration Ltd has issued an update regarding its royalty interests in the Cooper Basin, Australia, following Beach Energy Ltd's release of its FY25 Third Quarter Activities Report. Newport holds a 2.5% gross overriding royalty across licences in the Cooper Basin, one of Australia's most prolific onshore oil and gas producing regions.

The update demonstrates Newport's exposure to Cooper Basin production through its royalty position with Beach Energy, a significant operator in the region. Beach Energy trades on the Australian Securities Exchange under the ticker BPT and is a major player in Australia's conventional oil and gas sector.

This type of royalty arrangement provides Newport with revenue exposure to Cooper Basin production without the operational responsibilities or capital expenditure requirements typically associated with direct oil and gas operations. The Cooper Basin remains a key producing region for Australia's domestic energy market, and royalty positions in established producing areas represent a lower-risk way to participate in energy sector returns.

The timing of this update, coinciding with Beach Energy's quarterly reporting cycle, suggests ongoing production activity in the region and continued revenue generation from Newport's royalty position.