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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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(8)
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Post by tickerhiton Jul 23, 2020 11:44am
116 Views
Post# 31308020

Primary Zone - When completed

Primary Zone - When completedFrom the News Release...

Oil from the primary zone has been connected to the on-site storage tanks and pumping has commenced. 

More....

Commingling of the two production zones will be revisited when testing of the primary zone is complete.
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Dealroom for high-potential pre-IPO opportunities