Shoal Point Energy Ltd.

Recent News

  • Shoal Point Energy - AGM Voting Results

    Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual and Special Meeting of Shoal Point Energy Ltd. (CSE: SHP) (the "Issuer") held on October 15, 2020:The report on the voting results is as follows:1. Number of DirectorsBy vote of proxy and in person (For: 15,637,950 Shares, Against: 189,980) the number of directors was set at three.2. Election of DirectorsBy vote of...

    2020-10-16 1:36 PM ET
  • Shoal Point Starts Production Testing on the Primary Zone at Mount Evans

    Vancouver, British Columbia--(Newsfile Corp. - July 21, 2020) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) announced today that crews have sealed the lower secondary zone and moved up to the primary zone for production testing in the first well at the Mount Evans project. The primary zone has been completed and testing is expected to last for the next few weeks. Oil from the primary zone has been connected to the on-site storage tanks and pumping...

    2020-07-21 9:19 AM ET
  • Shoal Point Energy Announces Postponement of Executive Compensation Disclosure and Annual General Meeting Material

    Vancouver, British Columbia--(Newsfile Corp. - July 17, 2020) - Shoal Point Energy Ltd. (CSE: SHP) ("Shoal Point " the "Company") announces that in light of the COVID-19 public health emergency and related restrictions on gatherings, the Company intends to delay holding its annual general meeting of shareholders to a later date, but prior to October 30, 2020. The Company is relying on the temporary blanket relief provided by the Canadian Securities Administrators (including the exemptive relief contained in ASC Blanket...

    2020-07-17 4:15 PM ET
  • Shoal Point Energy Announces Closing of Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - Shoal Point Energy Ltd. (CSE: SHP) today announced the closing of the Company's previously announced (June 11, 2020) non-brokered Private Placement. A total of 4,257,500 units were placed for total gross proceeds of $340,600.Each unit, priced at $0.08 per Unit, consisted of one share and one share purchase warrant. Each full warrant is exercisable at a strike price of $0.12 with an expiry on the third anniversary of the...

    2020-06-17 9:00 AM ET
  • Shoal Point Energy Announces Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - June 11, 2020) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), today announced a non-brokered Private Placement of up to 4,000,000 units at a price of $0.08 per unit for total gross proceeds of up to $320,000.00.Each unit will consist of one share and one warrant. The warrants will have a term of 3 years from the date of closing and each warrant will be exercisable for one new share at a...

    2020-06-11 10:11 AM ET
  • Shoal Point Provides Update

    Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Mark Jarvis, CEO of Shoal Point Energy (CSE: SHP), today provided an update of corporate operations."Our operations have been severely impacted by the coronavirus, the consequent demand destruction in oil products, and the oil price war between Saudi Arabia and Russia," said Mr. Jarvis. "The pandemic could continue to have a negative impact on the stock market, including the trading price of our shares, our Company's ability to raise fresh...

    2020-04-21 10:13 AM ET
  • Shoal Point Starts Production Testing at Mount Evans

    Vancouver, British Columbia--(Newsfile Corp. - February 11, 2020) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) announced today that a secondary zone in the first Mount Evans well has been completed, put on pump and connected to the on-site storage tanks. Production testing of this secondary zone is expected to last approximately 30 to 60 days, after which the higher, primary zone will be completed and put on production and the two zones' production will...

    2020-02-11 10:00 AM ET
  • Production casing being installed in Mt. Evans well

    Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) -  Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that production casing is being installed in the Company's first Mount Evans project well and that an attempt will be made to complete the well as a commercial producer."Analysis of logs and oil flow in drill stem tests indicates that several zones should be completed," said Mr. Jarvis. "The completion program is being designed now and we will...

    2020-01-14 10:00 AM ET