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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 Dec 22, 2022 6:47pm
142 Views
Post# 35188296

RE:RE:Properties Operated by Shelby Resources

RE:RE:Properties Operated by Shelby ResourcesHowever it appears the daily field production is 111 bbls per day...for the whole field??  I hope i'm not interperiting that correctly.  5.2 bbls per day per well for 21 wells (average).  

Not much.

Someone show me I'm wrong please.
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