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Latest FieldPoint Petroleum Corporation Stories

2011-08-15 17:10:00

AUSTIN, Texas, Aug. 15, 2011 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/AMEX:FPP) announced today its second quarter financial results for the three and six months ended June 30, 2011. Ray Reaves, President and CEO of FieldPoint stated, "During this past quarter, our oil and natural gas revenue increased 9% over the same period last year primarily as a result of much higher oil prices. Net income and earnings per share met our goals for this quarter and we believe that we...

2011-08-10 08:29:00

AUSTIN, Texas, Aug. 10, 2011 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/AMEX: FPP) announced today that drilling has begun on the East Lusk 15 in Lea County, New Mexico. The Company has an operating agreement with Cimarex Energy Co., (NYSE: XEC) www.cimarex.com, to drill two wells that will target the Bone Spring formation. The total cost for each well is expected to be approximately $5,000,000. These horizontal wells are planned to be drilled vertically to a depth of...


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