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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 Lennocon May 27, 2022 9:23am
141 Views
Post# 34711640

RE:It don’t matter about pumping

RE:It don’t matter about pumping
You are right Barry. If you are trying to get a huge position now or in the next few months you will be paying a lot more than the current 4 cents. As more successful wells are drilled and cashflow improves the market capitalization will increase. It will also increase if there is another endeavor announced. If you are looking to increase your position I would try to get as many shares as you can under 10 cents. Cheers
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