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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 > sounds scary
View:
Post by AisAmang on Dec 07, 2022 2:09pm

sounds scary

The news release title is almost ominous, but the news itself is quite positive. We are moving forward and 4/5 wells is a really good streak for something that's supposed to keep the lights on.
Comment by tickerhit on Dec 07, 2022 3:59pm
CORRECTION...on your post Should read 5/6 wells.  the latest well #6 is being abanded. The first 5 wells are in different stages,of being completed as stated here... We currently have one well on production, three wells in various stages of completion and production testing, and one well awaiting a spur to a gas pipeline. After some delays to finalize right of way, the spur line is under ...more  
Comment by AisAmang on Dec 07, 2022 4:48pm
Right, even better. It was a good update.
Comment by barryt34 on Dec 08, 2022 12:59am
I put a small order in at .03. Sounds scary but not scary. Looking forward to the new year. 
Comment by Lennoc on Dec 08, 2022 9:25am
Not scary at all. Just the headline. Looking forward to production numbers in the new year. 2023 will be an exciting year. I expect the share price to start inching up. 
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