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.

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Shoal Point Energy Ltd

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Comment by myamigoon Jun 12, 2014 2:53pm

334 Views

Post# 22654712

RE:Update

Dec 12, 2013 doom & gloom NR indicated that with the loss of EL1097R EL 1070 & EL1120 together had a most 716 MMSTB prospective resources based on the HIGH estimate....

Now they're suggesting that there are actually 908M for the high estimate.

Would someone care to explain the difference?

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