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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

Post by barryt34on Oct 25, 2021 9:59pm
192 Views
Post# 34048043

No doubt in my mind Shp will do well

No doubt in my mind Shp will do wellWhat I don't like is the wall they built at.035 cents right before tax loss selling.  I was very happy with the support at .05 cents a few months ago. I don't think we will get news before the new year but I'm always wrong with this stock, I try not to get emotional about this kinda stuff because I know it's just business. I feel something good will come to us but how long that will take is another story.   
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