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Bullboard - Stock Discussion Forum 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... see more

CSE:SHP - Post Discussion

Shoal Point Energy Ltd > more data, I don't think this well in on pump. Positive
View:
Post by barryt34 on Jan 12, 2023 3:38pm

more data, I don't think this well in on pump. Positive

https://chasm.kgs.ku.edu/ords/oil.ogl5.MainLease?f_lc=1052641805
Comment by barryt34 on Jan 12, 2023 3:39pm
2244 barrels a month and I don't think this well is hooked up to a pump jack. It looks like one of our wells
Comment by gpbhand14 on Jan 12, 2023 5:54pm
it is definitely SHP's well  Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that operator Shelby Resources will install production casing on the joint venture's first well in the second Pratt County prospect, the Shriver Trust #1-32, and that an attempt will be made to complete the well as a commercial producer. "Logs and drill stem tests are ...more  
Comment by barryt34 on Jan 12, 2023 6:10pm
I think these numbers are natural flow?  No pump jack?  Is this correct?
Comment by gpbhand14 on Jan 12, 2023 6:25pm
I think so...this was the update on Aug 29th. Unless they installed a pump at the beginning of September all of the oil is flowing naturally Second well: Currently flowing oil with no pump assist. https://stockhouse.com/news/press-releases/2022/08/29/shoal-point-provides-update-to-pratt-county-projects
Comment by barryt34 on Jan 12, 2023 7:43pm
In the monthly report it now says the well is on pump. I think it's fairly new. It seems we will see the gas line hooked up also, flow numbers from a well on pump. That will tell us the Pratt story when it comes to production. Imo.  We shouldn't be waiting long. 
Shoal Point Energy Ltd