# BEACH ENERGY'S Q3 ACTIVITIES REPORT 100% SUCCESS RATE FROM NEW WELLS DRILLED AT STUNSAIL WEST, KANGAROO 5 AND KANGAROO 1 WEST Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/beach-energy-s-q3-activities-report-100-success-rate-from-new-wells-drilled-at-s--4cf3ae5b-9be1-4e3e-95c7-2c0fede7a8fd Original source: https://money.tmx.com/en/quote/NWX/news/7950757428737282/beach-energy-s-q3-activities-report-100-success-rate-from-new-wells-drilled-at-s Publisher: tmx Original announcement: 2026-04-30T21:15:00.000Z 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, Gas liquids - Document categories: Production, Drill results - Extracted: 2026-09-16 14:59:53 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Newport Exploration reported successful drilling at Stunsail West and Kangaroo 5, demonstrating oil continuity in the Cooper Basin. However, heavy rainfall caused a 16% decline in oil production and delayed drilling activities during the quarter. Reasoning: The report highlights successful drilling results and continuity in oil reservoirs, which is positive for the company's royalty interest, though weather-related production declines and drilling delays act as a drag. - Positive factor: 100% success rate from new wells - Positive factor: evidence of continuous oil accumulation between Stunsail fields - Positive factor: gas and gas liquids production increased vs prior quarter - Negative factor: oil production declined 16% due to weather - Negative factor: drilling activities delayed by severe rainfall Facts used in scoring: 4 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Stunsail West 1 encountered oil and suggested continuous accumulation with the existing Stunsail field. Evidence · text > suggesting a continuous oil accumulation between the fields **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: Newport's value is derived from a 2.5% GOR over Beach Energy's licences in the Cooper Basin. Evidence · text > provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Stunsail West 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/beach-energy-s-q3-activities-report-100-success-rate-from-new-wells-drilled-at-s--4cf3ae5b-9be1-4e3e-95c7-2c0fede7a8fd#fact-drill-facts-2) Stunsail West #### Identity - Hole ID: Stunsail West 1 - Project: Stunsail West - Region: australia - Reported Region: australia - Ticker: NWX #### Classification - Sample Type: drill #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Successful exploration well confirming reservoir continuity. - Positive factor: encountered oil in multiple reservoirs - Positive factor: suggests continuity with existing field Evidence · text > Stunsail West 1 exploration well was drilled and encountered oil in the primary Namur and secondary McKinlay and Birkhead reservoirs #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Kangaroo 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/beach-energy-s-q3-activities-report-100-success-rate-from-new-wells-drilled-at-s--4cf3ae5b-9be1-4e3e-95c7-2c0fede7a8fd#fact-drill-facts-3) Kangaroo #### Identity - Hole ID: Kangaroo 5 - Project: Kangaroo - Region: australia - Reported Region: australia - Ticker: NWX #### Classification - Sample Type: drill #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Appraisal well confirmed connectivity to existing production. - Positive factor: proved communication with offset producer Evidence · text > The well proved communication with the offset oil producer, Kangaroo 1 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.