Corporate Overview

Shoal Point Energy Ltd. is a petroleum exploration and development company listed on the CSE exchange under the symbol “SHP” with offices in St. John’s, NL, Toronto, ON and Vancouver, BC. The Company entered into a farm in agreement on June 7th, 2019 with Shelby Resources LLC to explore and develop the Mount Evans oil and gas prospect in Kansas. Shelby Resources is a private company which has drilled 230 wells in Kansas since 1995 with an overall success rate of 70%. Shoal Point also remains committed to exploring the Green Point Shale in Newfoundland which it believes is one of the largest undeveloped oil resources in North America.