Corporate Overview

Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol “SHP”. The Company is planning to wind up its oil and gas exploration activities in Kansas and retains its oil and gas interests in the Humber Arm Allochthon play in western Newfoundland. The Company has filed a lawsuit against the Government of Newfoundland and Labrador claiming at least $483,000,000.00 for the constructive taking or de facto expropriation of the Company’s interest in certain exploration lands, among other claims.