BEACH Q2 ACTIVITIES REPORT

Newport Exploration Ltd has provided an update regarding its royalty interests in the Cooper Basin, Australia, where the Vancouver-based company maintains a 2.5% gross overriding royalty position. The update follows reporting by Beach Energy Ltd, an ASX-listed operator, which has outlined an expanded drilling program for the region.

Beach Energy's announcement of several wells to be drilled represents potential value creation for Newport through its royalty interest. The Cooper Basin is a significant hydrocarbon-producing region in Australia, and expanded drilling activity suggests continued confidence in the area's resource potential. For Newport shareholders, this development provides exposure to Australian energy production without direct operational responsibilities or capital requirements.

The royalty structure allows Newport to benefit from increased production activity while Beach Energy assumes operational risks and capital expenditure obligations. This arrangement is particularly attractive in the current energy environment where drilling programs are being expanded to meet growing demand. The timing of this announcement in early 2026 suggests active development plans for the coming year.

This update demonstrates Newport's strategy of maintaining diversified royalty interests in established energy basins. The Cooper Basin's proven production history and Beach Energy's commitment to expanded drilling activities position this royalty interest as a potentially valuable component of Newport's portfolio going forward.