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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

Shoal Point Energy Ltd. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. The Company’s projects include Humber Arm Allochthon. It has the rights to the exploration lands covering approximately 220,000 acres in the near offshore of the west coast of Newfoundland. The Company holds exploration license 1070 (EL 1070) off the west coast of Newfoundland which totals approximately 150,000 acres. The EL 1070 in Newfoundland is considered to be an exploration and evaluation asset, as it is still in the exploration stage. The Company’s Pratt County project is considered a developed oil and natural gas property. The Company’s subsidiary is Shoal Point U.S.A. Inc.


CSE:SHP - Post by User

Bullboard Posts
Comment by myamigoon Jan 17, 2012 11:14pm
226 Views
Post# 19415297

RE: RE: Cased Hole Test ... FINALLY

RE: RE: Cased Hole Test ... FINALLY

rhinoman18... As far as what test results we can expect to hear about first is concerned I firmly believe it will be the results from the cased hole test that they said they would be doing earlier. They will do the test within 7-10 days as accounced in the NR but when we will hear about it is anyone's guess. I don't think there is much analysis involved with the test (flow to remove drilling fluids and then check for oil) so reporting on the case hole test shouldn't be a lengthy process.

 

Of course they may choose to not report on the test but as I've insisted earlier this is material information that management is obligated to release. It's more than fair to ask for the status of the cased hole test.

Bullboard Posts