Shoal Point Energy Ltd.

Recent News

  • Shoal Point selects first target at Mt. Evans

    Vancouver, British Columbia--(Newsfile Corp. - December 4, 2019) - Mark Jarvis, CEO of Shoal Point Energy Ltd., (CSE: SHP) announced today that the first drill target in the Mount Evans Project has been selected."This is a compelling target," said Mr. Jarvis. "The seismic clearly shows a four way closure. Two vintage dry holes that are just off structure and low to the structure had oil shows in the Pawnee Sandstone, which is the kind of physical evidence...

    2019-12-04 5:38 PM ET
  • Shoal Point Energy provides project update

    Vancouver, British Columbia--(Newsfile Corp. - October 24, 2019) - Mark Jarvis, CEO of Shoal Point Energy Ltd., (CSE: SHP) today provided an update on the Mount Evans Project in Kansas. Shoal Point is earning a 65% working interest in Mount Evans from privately held Shelby Resources LLC."3-D seismic data processing and interpretation is underway," said Mr. Jarvis. "Preliminary analysis shows several areas of interest including potential target horizons beyond the Pawnee sands, which is the primary target horizon...

    2019-10-24 9:00 AM ET
  • Shoal Point announces completion of seismic data acquisition

    Vancouver, British Columbia--(Newsfile Corp. - September 12, 2019) - Mark Jarvis, CEO of Shoal Point Energy (CSE: SHP), announced today that the 3-D seismic data acquisition program at the Mount Evans project in Kansas is complete. The seismic survey covered 10 square miles out of the 121 square mile Area of Mutual Interest that Shoal Point shares with partner Shelby Resources LLC."The data will now be processed, which could take up to thirty days," said Mr. Jarvis. ...

    2019-09-12 9:00 AM ET
  • Shoal Point Energy Ltd.: Seismic shoot starts at Mt. Evans

    Vancouver, British Columbia--(Newsfile Corp. - August 16, 2019) - Mark Jarvis, CEO of Shoal Point Energy (CSE: SHP), announced today that seismic crews have commenced the acquisition of 3D seismic over the Mt. Evans project in Kansas. The seismic survey will cover approximately 10.5 sq. miles of prospective acreage and used to identify drillable features in the Pawnee Sandstone. Historical production from nine nearby wells has averaged more than 170,000 barrels per well from the Pawnee."This seismic shoot will...

    2019-08-16 9:00 AM ET
  • Shoal Point announces options

    Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Shoal Point Energy Ltd. (CSE: SHP) today announces that, pursuant to its Stock Option Plan, the Company will be granting 1,300,000 stock options to certain directors, employees, officers and consultants. The options will be exercisable at $0.13 per share with terms ranging from 2 to 5 years from the date of grant. On behalf of the Board of Directors,"Mark Jarvis"Mark JarvisFor further information, please contact:Mr. Mark Jarvis Chief Executive Officer416-637-2181 extension...

    2019-08-15 3:19 PM ET
  • Shoal Point Energy Announces Closing of Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - August 8, 2019) - Shoal Point Energy Ltd. (CSE: SHP) today announced the closing of the Company's previously announced (August 1, 2019) non-brokered Private Placement. A total of 14,831,250 units were placed for total gross proceeds of $1,186,500.Each unit, priced at $0.08 per Unit, consisted of one share and one-half share purchase warrant. Each full warrant is exercisable at a strike price of $0.15 with an expiry on the third anniversary of the date...

    2019-08-08 5:09 PM ET
  • Shoal Point Energy Announces Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - August 1, 2019) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), today announced a non-brokered Private Placement of up to 19,000,000 units at a price of $0.08 per unit for total gross proceeds of up to $1,520,000.00. Each unit will consist of one share and one-half warrant. The warrants will have a term of 3 years from the date of closing and each full warrant will be exercisable for one new share...

    2019-08-01 11:54 AM ET
  • Shoal Point Energy - AGM Voting Results

    Vancouver, British Columbia--(Newsfile Corp. - July 30, 2019) - 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. (the "Issuer") held on July 30, 2019:The report on the voting results is as follows:1. Number of DirectorsBy vote of proxy and in person (For: 15,899,438 Shares, Against: 655,100) the number of directors was set at three.2. Election of DirectorsBy vote of proxy...

    2019-07-30 4:00 PM ET