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

Post by tickerhiton Jun 29, 2020 8:01am

91 Views

Post# 31201902

US shale oil giant Chesapeake Energy files for bankruptcy

as the coronavirus crisis claims another energy victim

Chesapeake Energy filed for bankruptcy on Sunday, making it the biggest casualty among US energy giants as the coronavirus pandemic upends the oil industry.

Chesapeake has been loaded with debt for a long time but even more so since the start of the pandemic, which has weighed heavily on demand for energy markets.

Bullboard Posts

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal