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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
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Post by superdave2on May 09, 2013 10:21am
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Post# 21360564

Maybe not even the fall

Maybe not even the fall

its possible that if the permits take too long they could easily delay this till next spring instead of drilling in a NFL winter.

Going to be a while before we know -is my guess.

pull up a chair, sit back and  relax,  dead money for a while now

SD2

 

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Dealroom for high-potential pre-IPO opportunities