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.

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Shoal Point Energy Ltd

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Comment by collinscon Feb 11, 2016 10:57am

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Post# 24547775

RE:RE:What happened to our western NL oil cmpay?

What about CQV? The markets are not good. Have you ever checked out the Kondratieff Cycle Chart? It shows where we are in the economic cycle. I was in hospital from July,2014 until April 2015.I had two heart attacks in there and ended up with a pacemaker.At first they didn't think I was going to pull through but I did.I am not able to walk from the cursed RA.

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