SHP.CN - Shoal Point Energy Ltd.

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
0.0350
+0.0050 (+16.67%)
At close: 03:25PM EDT
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Previous Close0.0300
Open0.0350
Bid0.0250 x 0
Ask0.0350 x 0
Day's Range0.0350 - 0.0350
52 Week Range0.0200 - 0.1300
Volume6,149
Avg. Volume24,824
Market Cap3.174M
Beta (5Y Monthly)2.73
PE Ratio (TTM)N/A
EPS (TTM)-0.0700
Earnings DateMay 29, 2023 - Jun 02, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Newsfile

    Shoal Point Energy Announces Closing of Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - May 11, 2023) - Shoal Point Energy Ltd. (CSE: SHP) today announced the closing of the Company's previously announced (March 22, 2023 and April 24, 2023) non-brokered Private Placement. A total of 5,550,000 units were placed for total gross proceeds of $277,500.Each unit, priced at $0.05 per Unit, consisted of one share and one share purchase warrant. Each full warrant is exercisable at a strike price of $0.06 ...

  • Newsfile

    Shoal Point Energy Completes First Tranche of Non-Brokered Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - April 24, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that it has completed the first tranche of the Ten Million Units non-brokered private placement previously announced March 22, 2023.The Company completed the placement of 5,550,000 Units at $0.05 Cdn. for gross proceeds of $277,500.A 6% finder's fee and 6% finder's warrants were paid on a portion of the financing.Use of proceeds ...

  • CNW Group

    IIROC Trade Resumption - SHP

    Trading resumes in:

  • Newsfile

    Shoal Point Engages with Newfoundland Regarding Compensation

    Vancouver, British Columbia--(Newsfile Corp. - April 18, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) ("Shoal Point" or the "Company"), announced today that it has been engaging with the Government of Newfoundland and Labrador regarding compensation for its frustrated efforts to develop its hydrocarbon assets on the west coast of Newfoundland. "Our Company has spent more than $40 million on attempting to develop the Humber Arm Formation shale play offshore ...

  • CNW Group

    IIROC Trading Halt - SHP

    The following issues have been halted by IIROC:

  • Newsfile

    Shoal Point Announces Gas Pipeline Installed, Gas Production Commences

    Vancouver British Columbia--(Newsfile Corp. - April 13, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the initial well of the Pratt County project has been connected by a spur line into Superior Pipeline's gathering system and gas production has commenced."We are currently producing gas on a restricted choke size at about 250 MCF per day," said Mr. Jarvis. "Our expectation is that as we gradually produce ...

  • Newsfile

    Shoal Point Announces Effective Date for Consolidation

    Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) (the "Company") is pleased to announce that the Company's common shares will begin trading on a post-consolidated basis at the opening of the market on April 3, 2023 under the existing trading symbol "SHP". As previously announced, the Company will be consolidating (the "Consolidation") its outstanding common share capital on the basis of two ...

  • Newsfile

    Shoal Point Announces Proposed Consolidation and Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) (the "Company"), announced today that the Company intends to consolidate all of its issued and outstanding common shares on a 2:1 basis (two old common shares for each one new common share) (the "Consolidation"). The effective date of the Consolidation and the new CUSIP for the common shares will be announced in the coming days.In ...

  • Newsfile

    Shoal Point Provides Update on Pratt County Operations

    Vancouver, British Columbia--(Newsfile Corp. - March 14, 2023) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), today provided an update on its Pratt County, Kansas operations. Shoal Point has a 6.5% working interest of an 81% net revenue interest in this project, which is operated by Shelby Resources."Completion operations and installation of a gas pipeline were hampered by intermittent extreme weather conditions in Kansas from December to February," said Mr. ...

  • Newsfile

    Shoal Point Abandons Pratt County Well

    Vancouver, British Columbia--(Newsfile Corp. - December 7, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the sixth well in its Pratt County project in Kansas has been plugged and abandoned."This is our first clear miss in Pratt County," said Mr. Jarvis. "We plan to pause our drilling to absorb the knowledge we have gained from this well, but we believe there are further locations to exploit ...

  • Newsfile

    Shoal Point Energy - AGM Voting Results

    Vancouver, British Columbia--(Newsfile Corp. - November 23, 2022) - Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual and Special Meeting of Shoal Point Energy Ltd. (CSE: SHP) (the "Issuer") held on November 22, 2022:The report on the voting results is as follows:1. Number of DirectorsBy vote of proxy and in person (For: 27,572,150 Shares, Against: 604) the number of directors was set at ...

  • Newsfile

    Shoal Point Energy Announces Sixth Well Spudded in Pratt County

    Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that drilling has commenced on the Company's sixth well in Pratt County, Kansas.About Shoal Point Energy Ltd. Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol "SHP". The company is focused on its Pratt County project in Kansas and retains its oil and gas interests in ...

  • Newsfile

    Production Casing to Be Set on Fifth Pratt County Well

    Vancouver, British Columbia--(Newsfile Corp. - October 31, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that operator Shelby Resources will install production casing on the joint venture's fifth Pratt County well, and that an attempt will be made to complete the well as a commercial producer."This looks like another encouraging well based on drill stem tests and logs," said Mr. Jarvis. "The completion program is being designed and ...

  • Newsfile

    Shoal Point Energy: Fifth Well Spudded in Pratt County

    Vancouver, British Columbia--(Newsfile Corp. - October 17, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that drilling has commenced on the Company's fifth well in Pratt County, Kansas. It is the first well of a third prospect area that Shoal Point is participating in with operator Shelby Resources."Two of the four wells we have drilled so far are currently on production," said Mr. Jarvis. "Our first ...

  • Newsfile

    Shoal Point Provides Update to Pratt County Projects

    Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), today provided an update to the Company's Pratt County, Kansas projects."We have four wells in various stages of completion and/or production testing at the moment," said Mr. Jarvis. "A fifth well is planned for October. The summary information below is in order of when the wells were drilled. It is premature to give ...

  • Newsfile

    Robert Millar Joins Board of Shoal Point

    Vancouver, British Columbia--(Newsfile Corp. - August 26, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that Robert Millar has joined the Board of Shoal Point.Mr. Millar graduated from Simon Fraser University with a Bachelor of Arts in Economics and in 1981 he graduated with a LLB from the University of British Columbia. He practiced law continuously from 1982 with predecessor firms to, and with, Fasken Martineau DuMoulin ...

  • Newsfile

    Shoal Point Energy Extends Warrants

    Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Pursuant to a previously announced news release dated July 19, 2022, Shoal Point Energy (CSE: SHP), the Company advises that in accordance with the policies of the CSE and subject to regulatory approval, the expiry date and price of the warrants issued have been changed as follows:A total of 6,034,375 warrants (the "Warrants") extended from August 7, 2022 to August 7, 2024 and exercise price ...

  • Newsfile

    Shoal Point Energy Correction to Warrant Extension

    Vancouver, British Columbia--(Newsfile Corp. - July 19, 2022) - Pursuant to a previously announced news release dated July 8, 2022 Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the Company has applied to the Canadian Securities Exchange ("the CSE") for an amendment to 6,728,125 warrants (the "Warrants") issued in connection with the Company's private placement that closed on August 7, 2019.The Company proposes to extend the expiry date of ...

  • Newsfile

    Shoal Point Energy Announces Warrant Extension

    Vancouver, British Columbia--(Newsfile Corp. - July 8, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the Company has applied to the Canadian Securities Exchange ("the CSE") for an amendment to 6,040,625 warrants (the "Warrants") issued in connection with the Company's private placement that closed on August 7, 2019. The Company proposes to extend the expiry date of the Warrants from August 7, 2022 to August 7, ...

  • Newsfile

    Shoal Point Announces Production Casing Set in Third Pratt County Well

    Vancouver, British Columbia--(Newsfile Corp. - July 4, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that operator Shelby Resources has installed production casing on the joint venture's third well in Pratt County, the N-S Unit #1, and that an attempt will be made to complete the well as a commercial producer."Logs and drill stem tests are encouraging," said Mr. Jarvis. "The completion program is being designed and we ...

  • Newsfile

    Shoal Point Energy Ltd. Announces Production Casing to Be Set in Second Pratt County Well

    Vancouver, British Columbia--(Newsfile Corp. - June 15, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that operator Shelby Resources will install production casing on the joint venture's first well in the second Pratt County prospect, the Shriver Trust #1-32, and that an attempt will be made to complete the well as a commercial producer."Logs and drill stem tests are encouraging," said Mr. Jarvis. "Production casing will be set ...

  • Newsfile

    Shoal Point Spuds Second Pratt County Well

    Vancouver, British Columbia--(Newsfile Corp. - June 2, 2022) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP), announced today that the first well of the second exploration prospect in Pratt County, Kansas, operated by Shelby Resources, has commenced drilling."This is the second of three prospects we have committed to in this area," said Mr. Jarvis. "The first prospect has a successful well and several offset locations. The second and third ...