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

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Comment by Hearne50on Jun 11, 2020 10:17pm

63 Views

Post# 31141517

RE:The primary zone

Thanks Barry - tired here and not remembering the news letters.

This IS good news!!!

"The company is moving forward on completing the upper band of well #1 in Kansas imminently, so we will know our ultimate flow rates on this first well soon enough. This is from black gold newsletter "

We need to hopefully have TWO wells done by the end of the year. Initially it was to be four..........but you never know, we may catch up to three. I'm believing this will be done.

Cheers....!

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