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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 23, 2021 10:06am
167 Views
Post# 34156686

RE:RE:RE:RE:RE:Mark looks very confident

RE:RE:RE:RE:RE:Mark looks very confident Mark has a lot of connections in the oil business,  Giga needs around 1.5 billion to build its mine.  There is a lot of money involved, I really doubt mark is ignoring Shp.  It might look this way but I don't think so. From looking at Giga I feel mark is going in the direction of carbon capture. The way they drilled  mt evens.  Carbon capture is the next hot investment.   Giga is very close to a deal I think. Maybe 30 million from selling 20 percent of the project.    Look how tight mark is with both share structures of both companies.  Don't forget wil Matthews Is one of the biggest shares holders of Shp.  Husky energy, dundury etc. Dunbury got involved in carbon capture back in 2000, wil joined the board just before that.  These guys know the future.  Maybe they create the future.   Shp is still a shell company but most of the shares are very wealthy business men.  Kansas is not dead, Newfoundland is not dead.  Read the monthly reports.  We are still focused on both 
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