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Brian Usher-Jones Appointed Director of Shoal Point Energy Ltd.

TORONTO, ONTARIO -- (Marketwired) -- 12/16/13 -- Mark Jarvis, CEO of Shoal Point Energy (CNSX: SHP)(OTCQX: SHPNF), announced today that Brian Usher-Jones has joined the Board as a director of the Company.

Mr. Usher-Jones has been a merchant banker since 1995 and is the former President of MB Capital Corporation and Thomson Kernaghan Co. Ltd., an investment banking firm in Toronto, Canada. He has served as a director of various public companies, including Wireless Age Communications, Inc., Xplore Technologies Corp., Calvalley Petroleum Inc. and Oromonte Resources Inc. Mr. Usher-Jones is a Chartered Accountant and has a Bachelor of Commerce degree from Concordia University.

"We are extremely pleased with Mr. Usher-Jones decision to join our Board," said Mr. Jarvis. "He brings a wealth of relevant experience to the table."

About Shoal Point Energy

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

Shoal Point Energy Ltd.
Mark Jarvis
416-637-2181, Extension 310

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