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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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(25)
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Comment by Lennocon Sep 02, 2020 12:11pm
108 Views
Post# 31494510

RE:RE:Aggressive drilling program

RE:RE:Aggressive drilling program
Yes Barry. 2 more wells drilled this year would be ideal but the progress with the first well is any indication of future performance I wouldn't hold my breath. They may start another well but I doubt they would have it pumping any oil by year end.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities