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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

Post by freedom-1970on Sep 13, 2021 10:28pm
122 Views
Post# 33853439

What’s Next ?

What’s Next ?Have to say ... 2 swings and no hits ... it happens all the time... 
let's be honest its always about a little luck and timing in this business..
But several years ago I spoke to Mark when oil was the thing called Dirty and the world was kinda normal.
He has a chance to make a good move .. buy some producing assets with no risk at bottom level price's.
This is what you do with low prices and cash ... buy low risk... and work from cash flow to build...

It's too bad he decided to go all in and roll the dice and missed... 

Dilution now while he needs to make a deal or it's a rollback with a raise ... 

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