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Bullboard - Stock Discussion Forum 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... see more

CSE:SHP - Post Discussion

Shoal Point Energy Ltd > Estimated Share price if we hit?
View:
Post by Hearne50 on Jul 08, 2021 7:21pm

Estimated Share price if we hit?

OK I see it said we could run up to .14 cents............3rd well to spud early August.

We may be seeing more news with SPE too in the 8th month -  company looking at more opportunity in Kansas I am reading....????
Comment by barryt34 on Jul 08, 2021 8:49pm
Yes they are looking at bidding on more land in Newfoundland and they are now saying they are also looking at more opportunities in Kansas.  Plus drilling the third well come early August.   News could come on multiple fronts.  The first well in Kansas is not plugged and abandoned like the second that didn't hit.  The first well is suspended only.  My guess is they ...more  
Comment by AisAmang on Jul 08, 2021 9:49pm
My view is that 0.065 will become 0.65 if we get a decent well churning out cash. It will take a meteor or a free energy device to do to the oil price what the covid BS government directive garbage regulations did.
Comment by barryt34 on Jul 09, 2021 9:48am
Picked up another 46000
Comment by Hearne50 on Jul 09, 2021 10:18am
ONCE the 3rd well HITS - we are off to the races!!!!!! And I'm believing more news to come but maybe waiting until August or fall.......... Cheers all - have a good weekend!
Shoal Point Energy Ltd
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