December 9, 2014
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Shoal Point announces extension to Exploration Licence 1120
September 17, 2014
August 19, 2014
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This website refers to an NI 51-101 compliant resource study with an effective date of March 31, 2014 by Morning Star Consultants. (view report here) which summarizes estimates of Petroleum Initially in Place (PIIP).
Readers are cautioned that the estimate of remaining recoverable resources (un-risked) includes prospective resources that have not been adjusted for risk based on the chance of discovery or chance of development. If a discovery is made, there is no certainty that it will be developed or, if it is developed, there is no certainty as to the timing of such development. Actual recovery is likely to be less and may be substantially less or zero.