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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 > So what's the forecast?
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Post by Hearne50 on Aug 16, 2021 12:42pm

So what's the forecast?

Hopefully see news this week on opening up WELL #3

Three weeks till results????   Barry have you done any comparisons with other companies on Share value?
Comment by barryt34 on Aug 16, 2021 3:54pm
You can't do any comparisons until we hit oil.  This is a risky investment. We are putting our money on managements past experience and connections to to find the best value for our money. It's pure risk. 
Comment by Hearne50 on Aug 16, 2021 4:16pm
YES, and those LONGS are still here because we believe in Mark Jarvis's ambition for oil.    OK........so we wait for results.   The higher zone we could see 100 bbl a day.......moderate 70?    I believe this was what we were looking for in Well #1. Thanks Barry,,,,,,,,,once we finally start drilling this will get more exciting..........FINALLY
Comment by barryt34 on Aug 16, 2021 4:55pm
I think it was 200 barrels 
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