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 > Excuse me?

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Comment by maineriskon Aug 05, 2020 10:46am

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Post# 31366617

RE:RE:RE:Excuse me?

It is stated that people are feed up with the progess of the company. I believe they are in this state of mind because of lack of information informing share holders of just what is going on. That leads everyone to believe that things are not good. And why would we have to call the company? They should be the ones stepping out with current progess. We shouldn't have to beg for information. Last thought, if things are good we would be drilling well number two.

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