SHOAL POINT ENERGY EXTENDS TERMS ON WEST NEWFOUNDLAND EXPLORATION LICENCES 1120 AND 1097R
Toronto, Ontario: Shoal Point Energy Ltd. (“Shoal Point” “SPE” or the “Company”) (SHPNF on OTCQX) (SHP on CNSX) announces that it has been able to successfully extend the time period during which it is allowed to drill exploration wells on each of EL 1120 and EL 1097R. Both of these licences are offshore exploration licences located on the west coast of Newfoundland. EL 1120 Shoal Point has signed an amending agreement with Ptarmigan Energy Inc. whereby the date by which SPE must...
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