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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 Aug 11, 2021 4:34pm
105 Views
Post# 33686557

RE:Third week?

RE:Third week?I'm guessing news will be out next week, Thursday would be my guess,  next week is the 3rd week of aug. the monthly report states they will start drilling 3rd week. T don't take long to drill a well, 1 or 2 weeks.  It's a different story about analyzing the information. As we know we could have oil right away or they might hit water again. Then who knows.  My guess is they got all the information they needed from the first well. If we are successful on these leases I would guess mark will be buying up similar plays in the Kansas oil fields. They might have learned something from well number 1. Only my thoughts 
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