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 Hearne50on Mar 01, 2020 11:08am

67 Views

Post# 30752770

RE:RE:Shoal Point Energy Stock Forecast, "SHPNF"

So many scenarios can be added to this Kansas play. I'm hoping though that it's not all "slow and easy" wins the race.

It can get too slow.....is this Sunday morning realistic reflection? Impatience? Maybe....

Bringing into the forecast of $2 sp will change. It has to - to finance bigger plays!!

Zone 2 is pumping oil!!

Looking forward to flow rate status of Well #1, how much $$ is to be generated from Well #1 AND the spud time for Well # 2.

We can't get too cautious here in going for more land deals Other companies are out there looking too

impatient rant.....;-)