Mark Jarvis, CEO of Shoal Point Energy Ltd. announced that production testing is underway on I-T Unit #1-27, the Company's first Pratt County well in Kansas. Operator Shelby Resources has opened up two zones and is producing 50 barrels of oil per day with no water on a constricted basis. The operator plans to gradually increase production until an optimal flow rate can be established.
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5-day change | 1st Jan Change | ||
0.03 USD | 0.00% | 0.00% | -69.91% |
Apr. 02 | Shoal Point Energy Ltd. announced that it has received CAD 0.308844 million in funding | CI |
Feb. 15 | Shoal Point Energy Ltd. announced that it expects to receive CAD 0.5 million in funding | CI |
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