Shoal Point Energy Releases Fourth Quarter and January 31, 2015 Year End Financial Statements and Management Discussion and Analysis

May 29, 2015

(VANCOUVER, B.C.) - Shoal Point Energy (the “Company”) is pleased to announce that the Company’s fourth quarter and January 31, 2015 audited year end financial statements and management discussion and analysis have been released and are available on the Company’s web site at www.shoalpointenergy.com. Information relating to the Company, including the Company’s financial statements and management’s discussion and analysis as at and for the year ended January 31, 2015 will also be available on SEDAR at www.sedar.com.

About Shoal Point Energy

Shoal Point Energy is a public company listed on the CSE under the symbol “SHP”. The core asset of the Company is oil and gas interests in the Green Point Shale area in Western Newfoundland.

For further information, contact Brian Fiddler at 416 637 2181, extension 315.