Shoal Point Energy Ltd.
Shoal Point Energy Ltd is a public company with a 100% interest in the shallow rights in Exploration License EL#1070 in the Province of Newfoundland comprising approximately 150,000 acres of oil-in-shale in Port au Port Bay and which can be developed almost entirely from land. In addition, Shoal Point has an agreement to earn a net 80% interest in the 67,298 acres of Green Point Shale (shallow rights) of EL #1120 which is owned by Ptarmigan Energy Inc. The total potential gross acreage in the Green Point Shale is approximately 220,000 acres.
Shoal Point Energy Ltd. (SHP)
Communiqués de presse
Le 5 février/February 2018
Shoal Point Energy Ltd. has announced a consolidation of its issued and outstanding share capital on the basis of 1 post-consolidation share for each 25 pre-consolidation common shares.
As a result, the outstanding shares of the company will be reduced to approximately 21,770,810.
The shares will begin trading on a consolidated basis and with a new CUSIP number on February 6, 2018.
The name and symbol will not change.