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Bullboard - Stock Discussion Forum 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... see more

CSE:SHP - Post Discussion

Shoal Point Energy Ltd > SEVEN WEEKS TODAY !!
View:
Post by tickerhit on Sep 08, 2020 11:19am

SEVEN WEEKS TODAY !!

Only another 7 weeks to go based on the news release of July 21st.

"The primary zone has been completed and testing is expected to last for the next few weeks"
Comment by Hearne50 on Sep 08, 2020 11:50am
It's been a long time;........ Is this the norm for Shelby?   How long did it take testing their own wells?   Just maybe this is Shelby's way of testing flow rates; continued testing into a few weeks before giving the final tally of the flow rates on any given well. What worries me is that the flow rate on the Primary isn't what they expected and therefore the ...more  
Comment by mainerisk on Sep 08, 2020 12:54pm
I guess that if good flow rates are being received every one would be in a panic to let stock holders know. Every one keeps saying different things that is one thought and another and another. That doesn't change the fact that I bought in over .30 a share and the stock is down under .10 a share. Just give it straight. 
Comment by barryt34 on Sep 08, 2020 1:10pm
The difference from the primary zone and the secondary is the secondary had very little trace of oil. The primary was saturated in oil. We still got 7 to 30 barrels a day from the secondary.  The primary who knows the potential. I don't.  
Comment by HIKER2013 on Sep 09, 2020 11:44pm
how can there be that much oil from secondary, if had very little trace of oil. What is your definition of Trace? HR
Comment by barryt34 on Sep 10, 2020 12:01am
I would have to go back and dig up the info.  
Comment by barryt34 on Sep 10, 2020 12:18am
I wrote that message from my memory, I'm glad you questioned it. But below is the facts.  
Comment by mainerisk on Sep 10, 2020 8:44am
barryt34, I woyuld be interested in knowing how you are able to know all of the information about the oil drilling and the rest of us have no knowledge or whereto to get it?
Comment by barryt34 on Sep 10, 2020 8:55am
Because I'm a loser and spend all my time doing searches on google. Looking for information about the companies I own or would like to buy.  
Comment by Hearne50 on Sep 10, 2020 9:00am
Barry can you give more please? OR do we need those like Yajne to dicipher this?   Anyone else? ALL we want is to see news on the Primary Zone!!!!! TIA
Comment by barryt34 on Sep 10, 2020 9:02am
I'm not a expert. I know the primary zone is the higher zone. And I read the drilling reports, I can't give anymore information then what it says.  Sorry.  And this is my guess to the primary zone and secondary zone. 
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