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 > news for Mount evans!!

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Comment by Hearne50on Dec 17, 2020 9:47am

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Post# 32127118

RE:RE:news for Mount evans!!

Everyone digested this news yet? I think we KNEW this was coming but hoped there would be some light.

Mud? There was too much time wasted with COVID which I believed was wrong, the well should never have been shut down.

Nevermind...........Shelby are the experts and this area is oil rich so we wait till Feb. Not too far away and crews are working and not running from Covid!!

I guess really this is opportunity to buy!!

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