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Shoal Point Energy Ltd.: Shoal Point Abandons Second Mount Evans Well


Shoal Point Energy Ltd.: Shoal Point Abandons Second Mount Evans Well
Vancouver, British Columbia (Newsfile Corp. - March 15, 2021) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) announced today that Shoal Point and its partners have elected to plug and abandon their second well at the Mount Evans project in Kansas at a total depth of 4,360 feet.
We are disappointed by this dry hole, said Mr. Jarvis. Along with our partners, we will be evaluating the information to help decide what next steps, if any, we will undertake at the Mount Evans project.
Shoal Point has a 65% working interest in the project and privately held Shelby Resources has a 35% working interest. ....

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Oil, gas capital raises in February: Total collected slows down to $7.76B


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10 Mar, 2021
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Dyna Mariel Bade
U.S. oil and gas companies covered by S&P Global Market Intelligence raised $7.76 billion of capital in February, a decrease from the approximately $13.65 billion of capital recorded in January. Debt offerings contributed the most with $7.22 billion, while common stock offerings and private placements brought in total capital of $537.8 million.
As of February, only oil and gas exploration and production companies recorded an increase from the year-ago period, after raising $9.70 billion. Oil and gas storage and transportation companies pulled in $9.77 billion, a decline from $16.60 billion a year earlier. Oil and gas refining and marketing companies raked in $1.94 billion, a drop from $2.00 billion in the prior-year period. ....

United States , Williams Cos , Gas Inc , Marksmen Energy , Cheniere Energy Partners , Verde Bio Holdings Inc , Kinder Morgan Inc , Torchlight Energy Resources Inc , Torchlight Energy , Bird River Resources Inc , Shoal Point Energy Ltd , Bengal Energy Ltd , Marksmen Energy Inc , Petrotal Corp , Comstock Resources Inc , Ng Energy International Corp , Enerplus Corp , Energy Corp , Green Plains Inc , Cap Ventures , Czero Inc , Kosmos Energy Ltd , Enbridge Inc , Delphi Energy Corp , Northern Oil , Us Energy Corp ,