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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 Feb 13, 2021 9:54pm
112 Views
Post# 32563591

RE:RE:Oil vs gold, what’s your thoughts?

RE:RE:Oil vs gold, what’s your thoughts? I think we are in peak supply, there is so much oil in this world but it costs much more then 60 a barrel to produce it, like you said mark has to start producing. Let's hope the next well is productive, let's hope the pc party wins the election in Newfoundland. Ultra petroleum went bankrupt last year and its now a private company. I think mark may still have some connection here. Maybe we will see a future deal in Colorado or Wyoming.  He knows this location very well.  Good luck everyone 
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