Shoal Point Energy Ltd. (SHPNF)

[goldhunter1]

Canada seems to have less environmental nuts then the US and are pretty friendly to oil and gas exploration. I guess it boils down to the Power That Be in Newfoundland. I was about to purchase some stock but I guess it would be prudent to have some kind of a timeline for these reviews as you are right - nothing will happen until the get approval.

I had a water well drilling company here on Whidbey Island, Washington State and we found natural gas in fresh water aquifers from time to time and all at depths of less then 500'. Any forest debris buried by the last glacier will ferment anaerobically to form methane. Code requires vents on all well seals and caps.
One fellow heated his house with it for 5 years until it finally petered out. He couldn't just light his facet on fire and sue some drilling company as there's never been any gas or oil drilling out this way.