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.

CSE:SHP - Post by User

Shoal Point Energy Ltd > Drilling in February, 30 days after tax loss selling

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Comment by Jessie157on Dec 30, 2020 10:36am

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Post# 32196748

RE:RE:RE:RE:RE:RE:Drilling in February, 30 days after tax loss selling

Given all that information does the company have any specific timelines for all this to happen? I'm afraid we'll be put in the penalty box with lack of progress to date. I know you said they'll get it right this time but that's as much hope as fact.
I still have 1m shares at .16 so I guess I'm all in. Timelines are important to me now as this money has been dead a long time.
thanks

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