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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 > Properties Operated by Shelby Resources
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Post by gpbhand14 on Dec 20, 2022 3:03pm

Properties Operated by Shelby Resources

A good way to follow the results for Pratt County. Latest results are from June 2022






https://www.shalexp.com/shelby-resources-llc
Comment by tickerhit on Dec 21, 2022 9:04pm
Thanks for the link  I found it interesting even thou they blanked out results on each well.
Comment by Franko10 on Dec 22, 2022 6:47pm
However it appears the daily field production is 111 bbls per day...for the whole field??  I hope i'm not interperiting that correctly.  5.2 bbls per day per well for 21 wells (average).   Not much. Someone show me I'm wrong please.
Comment by k001213 on Dec 26, 2022 8:20am
very right...too embarasing for jarvis to release flow # because at this point share of shoal is probably less than large coffee cup from tim h......5.2bpd shoal deal 6% per well flow 0.3CUPS per day.....wow thx jarvis...huge buying opportunity is coming soon $. 0.01. GL
Comment by culjack on Dec 27, 2022 7:55am
On the bright side wont Trudeau be happy !!!! Good job mark , bringing down sp so we can all buy more of this JUNK .
Comment by tickerhit on Dec 26, 2022 2:49pm
LOOKING AT THE REPORT,,,,at the bottom Yes the report is June 2022    BUT Look at the production range for Pratt County  eg..  May 1983 - Jul 2022 I could be wrong but none of the bottom page is ours   May 1983 - Jul 2022
Comment by gpbhand14 on Dec 27, 2022 1:48pm
You are correct . The first well did not go into production until July/August. Use the numbers below as a baseline. In the coming months the production output will increase for Pratt. Alll of the increase will be from  the 5 wells that  SHP is involved in. Property County Monthly Oil Monthly Gas Active Wells BRUBAKER Pratt     0 BBLs       0 MCF  ...more  
Comment by barryt34 on Dec 28, 2022 7:42am
I wouldn't listen to these guys 
Comment by barryt34 on Dec 28, 2022 9:37am
I only see monthly production coming from 1 well. And it is10 barrels a day. The other 4 wells are not showing.  So it's hard to understand what the game plan is at this point.  Also in a news release it say oil with no water and it's a natural flow with no pump jack. What will be the oil flow when a pump is added
Comment by Lennoc on Dec 28, 2022 3:11pm
We won't see an update with production numbers until all the flow testing is completed. February or March IMO. Until then it's all speculation. Like Barry said don't listen to the BS on this forum. Shoal Point will release the news when they are ready. I know people are frustrated and impatient but obviously there have been some issues. If you want to sell your shares there are many ...more  
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