Newport Exploration Ltd. provided an update on activities on ex-PEL 106 in the Cooper Basin, Australia that is subject to the company's 2.5% gross overriding royalty. As reported by Beach, Canunda3 is the first well of a three-well gas exploration and appraisal campaign within Beach's 100% owned ex-PEL 106 permit area. The Canunda Field is located on the western edge of the Patchawarra Trough, approximately 45 kilometres northwest of the Moomba processing facility. Canunda3 targeted liquidsrich gas within a stratigraphic trap in the Patchawarra Formation and reached total depth of 2,811 metres on 31 December 2016. Subsequent to monthend, wireline evaluation of the primary Patchawarra target indicated 1.6 metres of net pay. A drill stem test of the primary target produced liquidsrich gas at a rate of 1.9 MMscf/d on a 16/64" choke and 1,302 psig flowing pressure. In addition, wireline evaluation of the secondary Patchawarra target indicated 1.2 metres of net pay. A drill stem test of the secondary target produced liquidsrich gas at a rate of 1.3 MMscf/d on a 16/64" choke and 730 psig flowing pressure. Beach report that these primary and secondary targets of Canunda3 may represent new discoveries which are not connected to existing reservoirs within the Canunda Field.