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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 23, 2021 12:36am
105 Views
Post# 33747064

RE:RE:RE:RE:Wow, I used to think they were with it, but just a bit aloof

RE:RE:RE:RE:Wow, I used to think they were with it, but just a bit aloofI think a phone call every 3 months or so is needed when investing in this type of company.  I agree with you on the timeline but I think people are upset about how dragged out this has been. Rightfully so but at the same time it takes time to do deals and make everything line up for the health of the company.  We have to trust management are working in the best interest of the shareholders.  Blind trust. For us longs it's been a rocky road but I don't blame management for this issue.  I personally think they are doing a good job.  I would love to have my hands on the seismic data.  It's a important piece of the puzzle we don't get to see unfortunately.  
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