# BEACH REPORT ANNUAL PRODUCTION RESULTS, UPDATED RESERVES, AND PROPOSED FY26 DRILLING PROGRAM

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/beach-report-annual-production-results-updated-reserves-and-proposed-fy26-drilli--c8d6e2d7-23ac-41c2-9970-123ab20c705c

Original source: https://money.tmx.com/en/quote/NWX/news/8082508434983754/beach-report-annual-production-results-updated-reserves-and-proposed-fy26-drilli

Publisher: tmx

Original announcement: 2025-08-06T20:44:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Newport Exploration Ltd

- Ticker: NWX

- Exchange: TSX

- Region: Cooper Basin, Australia

- Primary commodity: Oil

- Secondary commodities: Gas

- Document categories: Production, Resource update

- Extracted: 2026-08-24 02:54:32 UTC

Narrative sentiment: -0.40 · Bearish

## Minestarters Atlas summary

Newport Exploration reports a 33% year-on-year decrease in Western Flank production due to natural decline and flooding. The company also provides updated 1P and 2P reserve estimates for oil and gas in the Cooper Basin based on Beach Energy's annual report.

Reasoning: The announcement reports a significant decline in annual production for the Western Flank and provides updated reserve estimates for the royalty-bearing assets.

- Positive factor: Updated reserve figures provided via Beach Energy report

- Negative factor: 33% decrease in Western Flank production

- Negative factor: Production interruptions due to flooding

- Negative factor: Natural field decline

Facts used in scoring: 5

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Story-specific tag

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company mentions a planned 10-well oil appraisal and development campaign for FY26.

Evidence · text

> Beach are targeting the commencement of a 10-well oil appraisal and development campaign

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.