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 > Drill rig

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Comment by barryt34on Aug 05, 2021 12:07am

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Post# 33653178

RE:RE:RE:RE:Drill rig

It looks like the two rigs are flat out, they own 4 rigs I would guess they don't have the staff and it's only a guess to start up a third rig. I agree they should be on time but at the same time they don't care what we think. They are doing what they can to get the most share holder value. Maybe I should just say value, not share holder value.

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