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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

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

Bullboard Posts
Comment by superdave2on May 22, 2013 1:26pm
187 Views
Post# 21427286

RE: RE: RE: RE: RE: RE: RE: RE: Delay of game pena

RE: RE: RE: RE: RE: RE: RE: RE: Delay of game pena

from my memory, I think the last time theyt drilled on 1070 they screwed it all up and got the drill string stuck....anyone else remeber that?  Perhaps thats why they want to start fressh with a new well instead?

 

SD2

Bullboard Posts