BEACH Q1 ACTIVITIES REPORT

Newport Exploration Ltd has released an update regarding its royalty interests in the Cooper Basin, Australia, based on operational reporting from Beach Energy Ltd. The Vancouver-based company holds a 2.5% gross overriding royalty across certain licences in the Cooper Basin, providing Newport with passive income exposure to one of Australia's key onshore oil and gas producing regions.

The update draws from Beach Energy's First Quarter FY26 Activities Report, indicating ongoing operational activity in the basin during the period. Beach Energy operates as the primary license holder and operator in these Cooper Basin assets, with Newport maintaining its royalty position as a form of leverage to the basin's production and development activities.

The Cooper Basin represents a significant hydrocarbon province in Australia, and Newport's royalty interest provides shareholders with exposure to established oil and gas production without direct operational responsibilities or capital commitments. This royalty structure allows Newport to benefit from Beach Energy's operational expertise and capital investment in the region while maintaining a passive income stream tied to production levels.