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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
Post by marvelmakeron Jan 22, 2018 2:32pm
125 Views
Post# 27410075

Accumulation

AccumulationAhead of consolidation this week. I believe reverse split is Friday January 26th? At least they will have the money to test their proven well and maybe generate some production and interest/investment if it flows positive? Now is the time to be in it. The rights offering is making post consolidation worthwhile. Insider buy-in is always a good sign. I am sure they would distance themselves from exposure and now would be the time. Just my opinion I don't have a crystal ball nor am I privy to any news besides what I read on sedar in the past and on this forum. Best wishes!
Bullboard Posts