Newport Exploration Ltd. reported the receipt of its after tax 2.5% Gross Overriding Royalty payment from Beach Energy Ltd. for the November 2023 - January 2024 quarter. Gross royalty income for the quarter was AUD 1,368,519. The AUD 957,963 payment received by Newport is net of 30% Australian withholding tax (AUD 410,556).
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- Newport Exploration Ltd. Receives Quarterly Royalty Payment