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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

Comment by barryt34on Dec 03, 2020 2:28pm
105 Views
Post# 32029964

RE:RE:RE:News will be coming...............

RE:RE:RE:News will be coming...............Good luck jaube123, I don't blame you.  It's been a long long wait.  The monthly report came out today and nothing.  I'm sticking with Shp.  I have a long term view.  But the risk now is greater then ever. We still have a low share structure but if this well don't prove positive  we will end up diluting the share structure even more.  I'm still very positive on management and also on this project but the risk is very high. 
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