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Bullboard - Stock Discussion Forum 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... see more

CSE:SHP - Post Discussion

Shoal Point Energy Ltd > Third week?
View:
Post by Hearne50 on Aug 11, 2021 12:48pm

Third week?

So one and a half weeks to go?   Whichever it is..........once the drill starts turning then how many weeks for results?   3????
Comment by barryt34 on Aug 11, 2021 4:34pm
I'm guessing news will be out next week, Thursday would be my guess,  next week is the 3rd week of aug. the monthly report states they will start drilling 3rd week. T don't take long to drill a well, 1 or 2 weeks.  It's a different story about analyzing the information. As we know we could have oil right away or they might hit water again. Then who knows.  My guess is ...more  
Comment by barryt34 on Aug 11, 2021 4:35pm
Tuesday not Thursday. But it could be anytime next week. This could be dragged out or it could happen really fast. Inflation is real and Biden is asking opec to produce more oil for a reason.  
Comment by HIKER2013 on Aug 14, 2021 12:56pm
THIS Makes me think of Biden's highly political move to terminate the pipeline project, which would have helped US Oil situation.     Among other things, he certainly did not think through first........just reacted to please other parties while not contemplating the total picture. Looking forward to the drilll program and results. Surprised price is not trading higher now, but ...more  
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