|about-shoal-point-energy-lawsuit||
About Shoal Point Energy Lawsuit
Shoal Point Energy is suing the government of Newfoundland and Labrador for de facto expropriating certain exploration lands, among other claims. We seek damages of at least $483,000,000.
Shoal Point Energy notes that there is no guarantee that it will be successful in respect of its legal action against His Majesty the King in Right of Newfoundland and Labrador (Newfoundland) and even if successful, there is no guarantee as to the amount of damages that Shoal Point Energy may recover, if any.