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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 > New well to be drilled
View:
Post by Lennoc on Apr 14, 2022 12:13pm

New well to be drilled

https://www.shoalpointenergy.com/news/news-releases/2022/shoal-point-to-participate-in-second-pratt-county-prospect
Comment by Lennoc on Apr 14, 2022 2:14pm
This is positive news. IMO the first well has hit oil and they are going on to the second lease. If this one hits oil they will go on the third lease. If all goes well they will go back the the most productive leases and drill more wells. A plus plus. We will soon find out what other opportunities the company is going after. Hang on. This could get exciting.
Comment by Hearne50 on Apr 14, 2022 3:59pm
Finally we are seeing confidence!!!!!!    ..... drilling of Pratt County is proving to be issue free relatively speaking,  and I like it!!! Good seeing  the news release!!!    MJ I believe is being conservatively optmistic this time but this looks like it will turn out to become very beneficial for Shoal Point. Bring on new wells............!!
Shoal Point Energy Ltd
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