Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 26, 2022 11:39am
221 Views
Post# 34548179

RE:RE:RE:Drilling time line

RE:RE:RE:Drilling time lineThe first well had oil. The second nothing, and the third nothing. I think the second and third wells were to test the quality of the feild for carbon capture or maybe the brine. I could be totally wrong.   Pratt is in a total different location and I'm guessing it will be a simple process without testing the flows.   I think this is only a simple deal to get cash flow, but saying that I don't rule out possible extraction of minerals from the brines or carbon capture.  Both of these technologies will be key to Shp future imo. Technology is key to the future of oil and gas.  Carbon capture, extraction of rare earths in brines.  Both could be huge money makers 
<< Previous
Bullboard Posts
Next >>