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 > If this is ours. Drilling soon

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Comment by Hearne50on Aug 26, 2021 10:12am

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Post# 33766832

RE:RE:RE:RE:If this is ours. Drilling soon

I believe they have moved position in Kansas and focusing in a new area......hoping they open up the 3rd well this weekend/next week and get going here....

I would like to see more of an explanation in the news release too....

Once this 3rd well is opened and we see results Eric Muschinski should? feature Shoal in a newsletter..............again I hoping and looking out for this.

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Drilling company poised to capitalize on market conditions