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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 Franko10on Jan 14, 2022 8:10pm
140 Views
Post# 34319458

RE:We need new Management

RE:We need new Management You want someone to do their job?  Go talk to the NL government!  SHP has more than enough talent to develop their NL resource, which we paid for that right and they accepted the payment.  Then changed the rules.   The whole fracking ban is BS and politically motivated.  It's BS because there are over 200K wells fracked in Canada alone with no issues.  It's all politics.  SHP has done well to survive this long in this environment.  If the NL government did their job and what would be good for their province, this company would be worth a fortune.
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