Shoal Point Energy Ltd C.SHP

Alternate Symbol(s): SHPNF

Energy Oil & Gas E&P

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

Shoal Point Energy Ltd

Bullboard Posts

Comment by delion Mar 30, 2020 1:07pm

57 Views

Post# 30860571

RE:RE:RE:Why sell oil for Under $20.00 a Barrel?

This is a long term hold for me as well. Who would have thought that SHP could fall from 32 cents to where it is today. I have taken this opportunity to buy some cheap shares to add to my holdings.

I hope that the flow results from the first well are not released in this environment because they will largely be ignored and have little or no effect on the share price. It's better to wait until the price of oil and general market conditions improve.

Bullboard Posts

Two micro-cap stocks with strong fundamentals