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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Post by maineriskon Apr 20, 2020 9:55am

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Post# 30929221

Oil Could Go To $5.00 a Barrel

Now how long do you think that oil is going to sell for $10 to $15 a barrel? This might scare the heck out of you today and if you bought into Shoal Point Energy expecting the share price to go to $150. a share last month, you had better sell and hand your shares over the the ones that know and believe the price of oil will not remain this cheap. They are waiting for you to dump your shares and the more scared and the lower the price you sell for the better for us remaining. Thank you inadvance

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