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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

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

Bullboard Posts
Post by Hearne50on Sep 03, 2020 9:49pm
195 Views
Post# 31508705

Slow on news......

Slow on news......This is the way this management work; they don't put out news until they are ready to.    

Waiting on flow rates now from The Primary Zone......

this may well be what we see in the news and nothing more until they are ready to put out the next step - opening up Well #2.

They give exactly detail to what they can release with material change and nothing more until they are ready.

COVID put us all back - now we are delayed when initially we hoped to see three wells spud by end of year.

Hoping to see Well #2 get to that point still.........This company will build and build so it depends on how many more years we want to wait to see this through.    

They aren't shutting down or going away; that is one good sign.

Best......



Bullboard Posts