Shoal Point Energy Ltd C.SHP

Alternate Symbol(s): SHPNF

Energy Oil & Gas E&P

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.

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Shoal Point Energy Ltd > New Press Release - Shoal Point Announces Production Testing Underway In Pratt County

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Comment by barryt34on May 25, 2022 6:45pm

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Post# 34707680

RE:RE:New Press Release - Shoal Point Announces Production Testing Underway In Pratt County

Potential for several times 3, I think they were testing a theory with both this and the mt evens well. And they figured it out, this looks small but mark goes after the big plays. And I have a feeling they are at a very low setting on the pump flow rate. This well should produce much more then 50 barrels. I have another feeling they are buying land as we speak.

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