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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 barryt34on Mar 07, 2022 1:05pm
82 Views
Post# 34491259

RE:$125 oil

RE:$125 oilAfter Giga makes a deal with a car manufacturer like gm, Ford, Tesla etc. I would like to see mark step back from Giga, let Martin take over and focus on shp. I know he has been doing a lot in the background with Shp.  I feel mark will take on Shp full time. Mark has great guys at giga.  His job is to fund the project, mark is also the biggest shareholder or Giga and Shp. I feel he has done a great job of this. Well a amazing job actually.  With skyrocketed nickel prices mark has been like a crocodile waiting very patiently for the right moment in time.  He is doing the same with Shp. We just don't see it or understand it.  Good luck everyone 
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