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Shoal Point Energy Ltd C.SHP

Sector: Energy | Sub-Sector: Oil & Gas Drilling
Alternate Symbol(s):  SHPNF

Shoal Point Energy Ltd is an exploration stage company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties in Canada. Its project include Green Point Shale in Western-Newfoundland, Canada.
Price: $0.005 | Change: $-0.005 | %Change: -50.00%
Volume: 5,000 | Day High/Low: 0.005/0.005 | 52 Week High/Low: 0.025/0.005
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0 stars

RE:RE:Time to buy

Hey, favor please OldLarry or NLS or anyone...........now my memory fails me enough that I am not pretending to do this calculation.............. With the remaining property of EL 1070, can you...read more
5 stars

RE:Time to buy

I may be an OLD Larry... but my memory is still keen ;-) Remember Sept. 2012 when that Financial Post article put Shoal Point and the Green Point shale play in the national spotlight ? http...read more
0 stars

Time to buy

...more Ellen................many, many of us have been in this play for years and there is NO way we can walk away even if this takes another two years...............!!!! Accumulate slowly and...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:Time frame..............??

Ellen,... here is a little explanation of the $10 million bit. There were major changes last year for the CNLOPB land issuance process: 1) The minimum bid for new call for bids in the offshore (to...read more
0 stars

RE:RE:RE:RE:RE:RE:Time frame..............??

OL - thanks for explaining this.  I was always  under the impression that they would have to come up with $10 million to retain the rights to EL1070, so I'm thinking that in order to keep going all...read more
5 stars

RE:RE:RE:RE:RE:Time frame..............??

Ellen... Like I explained to YK, license EL1120 will be dead next Jan 15. Nothing at all that SHP can do because the one-year extension has already been used (cost : $250K) and NO WELL has managed to...read more
0 stars

RE:RE:RE:RE:Time frame..............??

Old Larry - how much will iit cost SHP to hold on  to their license until they find a partner?  rate and reply
0 stars

RE:RE:RE:RE:Time frame..............??

YES, DEEP POCKETS we are needing now!!!!! Nunavut Old Larry.............enjoy the heat and garden  planting time.........we are still chasing caribou up here to fill the freezers before summer hits!!...read more
0 stars

RE:RE:RE:Time frame..............??

Yknorth... I suppose this is Yukon ? Enjoy the flurries... we are deep in a heat wave in the south, 26oC ! Your reading of things is just like mine. No quick profit with SHP, but nice potential...read more
0 stars

RE:RE:Time frame..............??

OldLarry, thanks!!   I say  this is realistic and for those wanting to skim off the top when the partnership is announced or wait for green light to be given before taking a profit, this means to...read more
0 stars

RE:Time frame..............??

YK... no problem at all picking my brain ;-) #1. You are right, we need a partner with deep pockets. #2. The final report on fracking is due in late October (no formal date given on the govt...read more
0 stars

Time frame..............??

OldLarry................picking your brain if you don't mind.......... #1 - We need a partner in order to move forward and this needs to happen. #2 - Then we need to see the green light given to...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

Thanks YK ! I always value good information. It's they key to good investments. We too often rely only on financial statements, etc. to make decisions. The nuts and bolts of license issuance...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

OldLarry, you have obviously done your homework.  Good to see your postings........ Appreciated, Yk  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

YK, you are absolutely right !! SHP will concentrate on EL1070, the only property were potential was truly confirmed. They will wait for the NL fracking review to happen, then the moratorium to be...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

Black Spruce drilling in EL1120 this summer ?!? Come on... that's absolutely impossible. The project was presented to CNLOPB in March 2013. Then the environmental assessment was stopped before it...read more
4 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

Old Larry, don't think this will become an issue................. EL1070 will be economically better to explore.............I think I have this correct??? Yk  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

Black Spruce Energy is planning to drill EL1120 deep rights conventional oil rights below the green point shale this summer. If Black Spruce Energy spudded that hole SHP will also be granted drill...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

No, no, no !!! Exploration license EL1120 will be dead on Jan 15 2016. Nothing at all that SHP can do. They already received their one-year extension, and can't receive a second. However...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:EL 1120 must be spudded BEFORE Jan 15, 2016

In other words, Shoal Point will go for and GET another extension!!!! Old Larry, I call up the company to get this.....................all good!!!!  ;) Yk  rate and reply