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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 Sep 16, 2021 9:11am
74 Views
Post# 33867666

RE:I see...

RE:I see...Let's see if the dump is bought up quickly.  I know this is the right time to buy.  .04 and we know there will be more land packages bought up.  Low cost to drill,  65/35 partnership.  Low share structure, 70 million share plus.  96 million total with warrents and options.   I personally don't think mt evens is a total write off. By the way they drill led the seismic it looks like they were after data more then anything. This could change very quickly and at .04 cents this is a easy double with a news release.  This is only my opinion. Good luck. 
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