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 > MMMMMMMMMM

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Comment by Jessie157on Jul 22, 2022 5:41am

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Post# 34842353

RE:RE:MMMMMMMMMM

Before there is news all these trades mean nothing. People get in people get out. This is always the case. People trade 50000 shares and the price drops. Dig deal. If mark were to say there's nothing there, ok make a move. Why in the fuc- is anybody concerned about this. Volume is everything, so watch that before share price. If big money were scared you would see trades in multi millions not 50-60 thousand and panic.

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