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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 gpbhand14on Jan 12, 2023 5:54pm
118 Views
Post# 35219777

RE:RE:more data, I don't think this well in on pump. Positive

RE:RE:more data, I don't think this well in on pump. Positiveit is definitely SHP's well

 Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that operator Shelby Resources will install production casing on the joint venture's first well in the second Pratt County prospect, the Shriver Trust #1-32, and that an attempt will be made to complete the well as a commercial producer.

"Logs and drill stem tests are encouraging," said Mr. Jarvis. "Production casing will be set tomorrow. The completion program is being designed and we will move in to complete and equip the well after giving the cement 10 - 14 days to cure."

The drill rig is now moving to commence drilling an offset location to the I-T Unit #1-27, the successful first well of the first Pratt County prospect.





https://stockhouse.com/news/press-releases/2022/06/15/shoal-point-energy-ltd-announces-production-casing-to-be-set-in-second-pratt
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