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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

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Post by 9fingrs on Jun 17, 2021 10:54pm

News

I am hearing that there should be a news release (or at least some type of news) coming in the next 2-3 weeks. Not sure at all on what it is, but news nonetheless. 


GLTA

Comment by barryt34 on Jun 18, 2021 12:20am
There should be news coming on if they will drill the next well or not. 
Comment by Hearne50 on Jun 24, 2021 1:34pm
We should be hearing news on the next 2 - 3 weeks?   Who were you speaking to?   They won't be letting Kansas go.........1st well HAS oil only dealt with mud........2nd well was a miss...........now to proceed to 3rd well IMO.   I'm interested to see if they moved their focus on the targets...... Remember when it comes to exploration  YOU HIT SOME and ...more  
Comment by barryt34 on Jun 24, 2021 2:34pm
In the news release they sound 50/50 on if they want to continue with Kansas, secondary zone didn't produce much oil and the primary zone had issues.  It's time for mark to let us know if Kansas is a go or not. They have been dragging this on for two years now.  Shares are tanking today with low volume 
Comment by HIKER2013 on Jun 24, 2021 9:21pm
oIL Price doing higher:    tanking car up is getting more costly at 1.559/liter...  some favourable news surely would benefit this company HR
Comment by Hearne50 on Jun 25, 2021 8:02pm
We're moving into July........SHP will want to get the third well going and money is needed to be generated for further developements. The Shelby team with Joe MacKracken (sp?) will be onto this.....AND Mark. Don't think it will be too long before news.............All IMO
Comment by barryt34 on Jun 25, 2021 8:42pm
They could have had the 3rd well drilled 6 months in, if they wanted. 
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