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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

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

Comment by Lennocon Nov 25, 2020 2:22pm
117 Views
Post# 31971364

RE: its over

RE: its over
it's over? Really? Please sell me your shares at 3 cents. I take them off your hands. Seriously, this company and the stock are not done. No where near over. News on the first well will be released soon. Most likely would have been this week but with the unfortunate death of the chief public relations officer, the news has been delayed. Understandably so. This stock will not see the 10 cent range ever again once the first well results are released along with the future drill program.
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