Shoal Point Energy Ltd C.SHP

Alternate Symbol(s): SHPNF

Energy Oil & Gas E&P

Shoal Point Energy Ltd. is a Canada-based petroleum exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. It has partnered with Shelby Resources to explore for oil and gas in Kansas. Its ‘Humber Arm’ oil-in-shale play consists of two Exploration Licenses near offshore of western Newfoundland: EL 1070 and EL 1120. The Company holds an approximately 100% working interest in the Offshore Exploration License (EL) 1070 Shallow Rights and has the right to earn approximately 80% working interest in the Shallow Rights in the approximately 67,298-acres block in the Offshore Exploration License (EL) 1120. The Company also has an exploration license and farm-in rights to a second contiguous exploration license off the west coast of Newfoundland, which covers approximately 220,000 acres, contained in EL 1070 and EL 1120.

CSE:SHP - Post by User

Shoal Point Energy Ltd

Bullboard Posts

Comment by collinscon Jan 25, 2012 7:32pm

276 Views

Post# 19449634

RE: RE: RE: RE: SHP AGM Timing

"They can certainly publish news at the AGM, and then distribute it on the news wires;

plenty of time before the markets open the next morning.

Nothing wrong with that !"

That would be giving those at the AGM an advantage to put their orders in ahead of other investors as orders can be placed up until 8:p.m.Those at the AGM could place their orders from their cellphone,etc,.right from the AGM as soon as they get the news ,where those not attending the AGM would have to wait for the news,,,if any. I don't know if all brokerages allow you to place orders up until 8 p.m but I know mine does.

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