CSE-SHP / OTC-SHPNF Green Point Shale Western Newfoundland, Canada Over 220,000 acres of oil-in-shale October, 2014 1
Morningstar Consultants 51-101 compliant report has a best (middle) case estimate of 6.5 billion barrels of total undiscovered Petroleum Initially in Place (PIIP) under SHP leases. Of this total, 428 million barrels is considered…
Leases are close to port at Stephenville 4
Airport and Deep Water Port 30 km from Shoal Point 5
Oil & Gas seeps in outcrop 6
Economic Benefits of Shale Oil and Gas - Job creation: Shale resources are more labor intensive than conventional resources. - Tax Revenue - Widespread economic benefits for service industries - Significant increases in average…
Rapid Shale Development in the USA has led to significant economic benefits Rapid Shale Development in the USA has led to significant economic benefits 8 http://www.eia.gov/pressroom/presentations/sieminski_01222014.pdf
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Directional drilling has advanced to the point that multiple wells can be drilled from one site. This is the future. If the Green Point shale turns out as well as we hope, then an enormous amount of economic activity and jobs will be…
Regulatory Environment Two regulatory bodies: C-NLOPB is a federal/provincial body that regulates off shore oil and gas. DNR is a provincial body that regulates on shore oil and gas. SHP leases are off shore, but our rigs…
Mark Jarvis, CEO, President & Chairman Mr. Jarvis joined the Board of Ultra Petroleum in 1996 and managed Corporate Finance during the early stages of acquisition, exploration and development of Ultras Pinedale Anticline (Wyoming)…
Brian Fiddler, CGA, Chief Financial Officer Mr. Fiddler is a resident professional with over 21 years of corporate accounting and operations experience. Mr. Fiddler also brings extensive experience working specifically with…
Thank You Mark Jarvis CEO 416-637-2181 ext. 310 Lindsay Macleod mjarvisshoalpointenergy.com Investor Relations 416-637-2181 ext. 316 Brian Fiddler lmacleodshoalpointenergy.com CFO 416-637-2181 ext. 315…