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

Post by Jessie157on Apr 05, 2019 11:27am

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Post# 29587697

Election

Maybe the company is waiting for election results in June before they make any announcement. I believe the liberals are going to maintain their moratorium on drilling in Newfoundland.

One Newfoundland liberal wannabe for St. John’s east stated he chose to run for the liberal party because of their ongoing fracking ban on the west coast of Newfoundland.

While leader Ches Crosbie is no great orator, unlike his father “ John “ I believe if there is any chance at all for SHP it would be with the conservatives.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions