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 > 1979 and then mark helped bring assets to up in 1996

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Post by barryt34on Apr 09, 2021 5:05pm

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Post# 32971172

1979 and then mark helped bring assets to up in 1996

Statistics:

Public Company
Incorporated: 1979
Employees: 31
Sales: $258.03 million (2004)
Stock Exchanges: American
Ticker Symbol: UPL
NAIC: 211111 Crude Petroleum and Natural Gas Extraction

Company Perspectives:
Ultra Petroleum is a publicly traded (AMEX - UPL), rapidly growing independent exploration and production company focused on its core properties in the Green River Basin of southwestern Wyoming and the shallow waters of Bohai Bay, China.

Key Dates:
1979: The company is incorporated in Canada.
1996: Wyoming interests are acquired.
1999: Michael Watford is named CEO.
2001: Bohai Bay interests are acquired.
2003: Ultra exceeds the Tcfe (trillion cubic feet equivalent) mark in reserves.

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