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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 > New well results
View:
Post by Lennoc on Oct 17, 2022 11:01am

New well results

Two of the four wells we have drilled so far are currently on production," said Mr. Jarvis. "Our first well is awaiting installation of a gas pipeline and we expect to be producing that well within 4 weeks. Our fourth well is undergoing completion operations now after a several week delay obtaining a service rig." This is great news. Glad I was buying at 3 to 4 cents. Good luck all.
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