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 > For ALL investors considering to buy SHP

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Comment by SigmundsIDon Oct 16, 2020 11:10am

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Post# 31728225

RE:RE:RE:For ALL investors considering to buy SHP

lf you can't see the history of wealth destruction here, then you need more help than I can offer. This post is not meant for you true believers and kool aid drinkers, nothing will change your minds I know that. For those "considering buying in" as it were... To you I say, take a long hard look at the history of total failure here. There are much better places to put your money than this blackhole.

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