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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 Nov 08, 2021 1:43am
134 Views
Post# 34098437

RE:RE:Sorry Barry. Just saw the PM.

RE:RE:Sorry Barry. Just saw the PM.My answer to you would be, I have seen many stocks take 10 years or longer to mature, I see carbon capture being the next hot play in the USA, look at denbury resources for example, now denbury inc.  it started off as a mining company in Manitoba Canada.  It switched to injecting carbon into its oil and gas plays back in the 2000's.  Wil Mathews joined the board of denbury back 1997 I believe, if you followed Shp you would know he is or was one of the biggest share holders of Shp, even before mark took over as ceo. Kansas could have a c02 pipeline built running not to far away from the mt evens leases. I still think Shp was testing the rock type in the last two drills. I could be totally wrong.  https://www.netl.doe.gov/node/1292   A link to the purposed research of carbon capture pipeline.   This is not a  sure thing. Only research is taking place right now I believe. You do what you want, we will do what we want. I'm not pumping Shp, the company is basically a shell.  Nothing more. Except the people that own the shares.  I believe in the management and I believe in the 5 guys that invested in the share consolidation.  My timing may be off.  Risk reward for me is on my side.  No one likes to see the share price so low.  It sucks.  I control my emotions, I have a lot of them right now because of the share price but it's the chance we take.  Hopefully we learn valuable information in the process.   But you writing  me a message telling me that because you are now out of the play makes it worthless is a joke.   Post your messages to the board. I don't need someone I don't know telling me what's good or bad.  Sorry.  If you know wil Mathews history, he was also on the board of husky energy back in the day, was involved in a important merger.  Westjet, etc.  These guys are winners and imo they have plans for Shp.  Only my opinion.  
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