Shoal Point Energy Ltd C.SHP

Alternate Symbol(s): SHPNF

Energy Oil & Gas E&P

Shoal Point Energy Ltd. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. The Company’s projects include Humber Arm Allochthon. It has the rights to the exploration lands covering approximately 220,000 acres in the near offshore of the west coast of Newfoundland. The Company holds exploration license 1070 (EL 1070) off the west coast of Newfoundland which totals approximately 150,000 acres. The EL 1070 in Newfoundland is considered to be an exploration and evaluation asset, as it is still in the exploration stage. The Company’s Pratt County project is considered a developed oil and natural gas property. The Company’s subsidiary is Shoal Point U.S.A. Inc.

CSE:SHP - Post by User

Shoal Point Energy Ltd

Bullboard Posts

Comment by jubbyjubberon Dec 06, 2011 10:43am

337 Views

Post# 19295116

RE: SHP mentioned in David Pescod's Stocktalk

"
That’s the junior with a

ton of stock outstanding"

From the website :-

Issued Shares
  -
176,526,812
Warrants O/S
  -
50,442,476
Options O/S
  -
14,675,000
Shares, Fully Diluted*
  -
241,644,288
*(assumes all warrants and options exercised)

Not really a ton is it for an Oiler?

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