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.

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Shoal Point Energy Ltd > My rant on Newfoundland

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Comment by Lennocon Aug 01, 2021 7:50pm

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RE:My rant on Newfoundland

Yes Barry. Like have said before the resource companies that don't embrace the EGS protocol won't be able to attract investors. BlackRock and Vanguard have said they will not invest in resource companies that don't have a greenhouse gas emission reduction policy. I believe the big playerys will buy up the companies that don't follow suit because without investors they won't be able to develop their resources.

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