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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 > Power Outages everywhere around the world
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Post by gpbhand14 on Oct 09, 2021 1:03pm

Power Outages everywhere around the world

After almost 2 years of Covid hysteria. This is what happens when "covid restrictions" are put in place by people that have no f*cking idea of how the world functions around them. The global supply chain for all goods and services including energy products is collapsing around the world. There is probably a better than 50/50 chance the price of oil is $150+ by the end of the year. Shoal Point and their partner Shelby ready need to start drilling as many wells as they can . The cost of borrowing money has never been cheaper while the price of oil might hit alltime highs

 

Running on empty: Lebanon runs out of power and will be without electricity 'for days' after power stations run dry of oil - while India warns its coal-fired plants could go dark in just three days and blackouts hit China


https://www.dailymail.co.uk/news/article-10075417/Lebanon-plunged-darkness-electricity-grid-shuts-running-fuel.html
Comment by Hearne50 on Oct 09, 2021 1:50pm
I believe because we have had our hopes flattened so many times that investors are skiddish about whether Shoal really are working on a new developement.  We do need news.............that's the bottom line..........at least an update.
Comment by gpbhand14 on Oct 09, 2021 2:17pm
I agree, but $100+ oil increases exponentially the amount of energy plays that become profitable. I am sure Mark Jarvis has a large list of potential plays he is now looking  at as oil approaches $100
Comment by Hearne50 on Oct 09, 2021 2:26pm
I agree Mark is always out there working on something........ It does get frustrating waiting.............as you know many of us been here too long..... We do need FINALLY some good news to really move forward in oil.   it's is the opportune time....
Comment by barryt34 on Oct 09, 2021 2:37pm
I think mark has been working on the same game plan from 2015 until now. They definitely have plays lined up, and others companies as possible mergers.  This has been a well thought out operation imo.  I feel we are very close to seeing the fruits of mark's labour.  They will either shuffle the assets in or out. Mark's name is on shoal point energy. This is his last big ...more  
Comment by kentaloffish on Oct 10, 2021 6:05am
Hi Barry ... hopefully see something soon .. 2015 is a fair amount of time ago .. been following this company for over 20 years .. been thru alot of changes .. it's time for something good .. Kental
Comment by barryt34 on Oct 10, 2021 1:07pm
I did a lot of research on the garden hill site with nuoil.  I was telling everyone about the connection.  It's a big connection.  Now pvf owns the play.  Imo that's right on target.  Shp is looking for more land in Newfoundland.  That alone is telling us something.  Kentaloffish.  I agree. I pray we are drilling another land package by Xmas. We all ...more  
Comment by barryt34 on Oct 10, 2021 5:03pm
I would think pvf now owns the deep rights of our lease in Newfoundland also.  Brian is our operating manager and jock is our lead geologist in Kansas.  Both from pvf energy.  Shp wants to buy up more land in Newfoundland.  If we can form a partnership with pvf get garden hill flowing from new technology.  It will pay for a huge Newfoundland exploration drive. This will ...more  
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