BEACH Q4 ACTIVITIES REPORT

Newport Exploration Ltd has provided an update regarding its royalty interests in the Cooper Basin, Australia, based on Beach Energy Ltd's Fourth Quarter Activities Report for FY25. The Vancouver-based company holds a 2.5% gross overriding royalty on licenses operated by Beach Energy, an ASX-listed oil and gas producer with the ticker BPT.

The Cooper Basin represents one of Australia's most prolific onshore oil and gas producing regions, spanning parts of South Australia and Queensland. Newport's royalty position provides the company with exposure to ongoing production activities without the operational responsibilities or capital requirements typically associated with direct participation in oil and gas projects.

This type of royalty arrangement is becoming increasingly attractive to junior resource companies as it provides steady cash flow potential while allowing them to maintain exposure to commodity price movements. For Newport, the Cooper Basin royalty represents a strategic asset that can generate returns based on Beach Energy's operational performance and the underlying commodity markets.

The timing of this update, coinciding with Beach Energy's quarterly reporting cycle, demonstrates the structured nature of the royalty relationship and suggests ongoing transparency in the partnership. As Beach Energy continues to develop and operate assets in the Cooper Basin, Newport shareholders can expect periodic updates on production performance and associated royalty payments.