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.
Le secteur pétrolier et gazier réunit des sociétés émergentes qui exploitent et produisent du pétrole et du gaz, ainsi que du gaz naturel de façon dynamique, en plus de miser sur des activités associées à ces ressources.