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SHP

Shoal Point Energy Ltd.

Status
Active
Issued & Outstanding25,450,905
Reserved for Issuance11,408,761
Currency
CSE Index

About

Shoal Point Energy Ltd.

Listing date
November 23, 2010

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.