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 Franko10on Sep 08, 2017 11:49pm
65 Views
Post# 26674895

RE:RE:RE:RE:RE:G2 at Garden Hill

RE:RE:RE:RE:RE:G2 at Garden HillG2 do have an agreement with NU Oil - " G2 Energy has an exclusive option to earn 100% of the Company's working interest in the Deep Rights" of EL 1070 (not Garden Hill).  G2 believes there are pay zones that are drilled and not yet tested (still behind casing and not yet perforated).  They propose to flow test and if successful will get the SDL and benefit under the terms of the agreement.  It's in the NR and the link is reprited below for reference.  Note it's dated Feb 13/17 and I haven't seen any updates since, on financing or who would perform the work.  Doesn't appear to be anything happening, at least not publically.

https://www.iii.co.uk/research/LSE:NUOG/news/item/2267362/completion-due-diligence-el1070?context=LSE:NUOG

The only recent activity I've read about is Nu Oil and PVF on Garden Hill South, a different license, with no progress updates on the workover, not yet anyway. 
Bullboard Posts