Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 23, 2012 11:18am
454 Views
Post# 19573163

RE: RE: RE: open hole test

RE: RE: RE: open hole test

rhinoman18 said...

The other issue, would be potential collapse of the open hole.

No issue really. They are now drilling 3K-39z vertically so the well bore sidewalls are self supporting and there is relatively little in the way of exposed sidewall to be concerned about anyway. The original well (3K-39) is already cased at key locations so collapse on that section of the well isn't a concern either.

3K-39zopenholetest.jpg

They'll be in and out with the test as quick as they can so they can resume drilling. Time is money! Let's hope they release the results in a timely manner though.

 

Make no mistake. The results from this test, which I believe they already know, will move the price!

 

GLTA

 

 

Bullboard Posts