BNET Industries

Shannon International Inc.

SHIR is in the Energy Industry

Market Cap:$91.7K
Last Fiscal Year Sales:$965.1K
  • Public
  • CA
Dow Jones Description

Shannon International Inc., hereafter Shannon has grown from its origins in natural resources exploration into the information technology sector. Natural Gas Exploration Program Shannon was incorporated on February 17, 1999 under the laws of the State of Nevada for the purpose of financing and owning oil and natural gas development properties. During March 1999, Shannon acquired working interests in oil and natural gas exploration permits covering approximately 640,000 acres of Prince Edward Island, Canada. On July 23, 2004, the permits expired. Rally Energy Corp., the Operator under the joint operating agreement covering the expired permits acquired new permits for approximately 376,000 acres of the approximately 640,000 acres covered by the expired permits, including the acreage where the first two exploratory natural gas wells were drilled. On September 23, 2004, Shannon entered into a letter of agreement with Rally Energy Corp.

Contact Information

100-238A Brownlow Avenue

Dartmouth, Nova Scotia B3B 2B4

902-481-7225

NAICS Code Natural Gas Liquid Extraction: 211112

News & Analysis

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Additional Resources

  • Shannon Subsidiary, Logical Sequence Incorporated, Cancels CDN $5,000,000.00 in Purported Preferred Stock for CDN $28,000.00 Payment

    - 2006-10-04

    On February 17, 2006, the board of directors of Logical Sequence Incorporated ("Logical"), a Shannon International Inc. (OTCBB: SHIR) (Shannon" or "the Company") technology subsidiary, resolved to cancel preferred stock on the basis that the stock had not been validly created and issued and was therefore null and void. Shannon...

  • Maxim acquires 50-per-cent interest in PEI properties (TSXV: MXM).

    - 2006-09-28

    M2 PRESSWIRE-28 September 2006-StockInvestors.net: Maxim acquires 50-per-cent interest in PEI properties (TSXV: MXM)C1994-2006 M2 COMMUNICATIONS LTD RDATE:27092006 Maxim Resources Inc. (TSXV: MXM) has entered into a working interest agreement with Shannon International Inc. SHIR of Dartmouth, N.S., an arm's-length public...

  • Shannon Sells Working Interest in Eastern Canada Oil & Gas Properties

    - 2006-09-26

    Shannon International Inc. (OTCBB: SHIR) ("SHIR" or "the Company") wishes to announce that the Company has entered into a working interest agreement with Maxim Resources Inc., ("Maxim"), to sell a 50% working interest in all the rights, title and interest in Prince Edward Island Oil and Gas Permits Numbered 02-01,...

  • Shannon Sells Working Interest in Eastern Canada Oil & Gas Properties.

    - 2006-09-26

    HALIFAX, NOVA SCOTIA, Sep 26, 2006 CCNMatthews via COMTEX -- Shannon International Inc. (OTCBB:SHIR) ("SHIR" or "the Company") wishes to announce that the Company has entered into a working interest agreement with Maxim Resources Inc., ("Maxim"), to sell a 50% working interest in all the rights,...

  • Shannon Files Quarterly 10qsb

    - 2006-06-15

    Shannon International Inc. (OTCBB: SHIR) ("SHIR" or "the Company") wishes to announce that the Company has filed its quarterly report on Form 10qsb for the nine months ended March 31, 2006. SHIR is expected to resume trading on the NASD OTC Bulletin Board Market on or before June 19th, 2006....

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SHIR $0.0030 +0.0000 (0% )
Volume 0
Shares Outstanding 30.5M
Market Cap 91.7K
Year High 0.0035
Year Low 0.00010
Earnings Per Share -0.040
P/E Ratio N/A
Dividend 0.00
Yield 0.00
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