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.

CSE:SHP - Post by User

Shoal Point Energy Ltd > Flow rates

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Comment by barryt34on Sep 21, 2022 8:51pm

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Post# 34977974

RE:Flow rates

Jessie. We got a few bones already., the only problem is we only own 6.5 percent of the well. We will have cash flow but there is no pumping the stock at all, only positive news. We should have flow rates soon and news about well 3 and 4, and a new well drilled soon. We will have cash flow. Mark is stalling imo but the news is not negative

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