Profile: FieldPoint Petroleum Corp (FPP)

FPP on American Stock Exchange

2.22USD
1 Jun 2015
Change (% chg)

$0.07 (+3.26%)
Prev Close
$2.15
Open
$2.15
Day's High
$2.22
Day's Low
$2.15
Volume
16,452
Avg. Vol
54,455
52-wk High
$5.86
52-wk Low
$0.91

Search Stocks

FieldPoint Petroleum Corporation, incorporated on March 11, 1980, is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. Texas includes Block A-49 & Block 6 Field, Andrews County, Spraberry Trend, Midland County, Giddings Field, Fayette County and Serbin Field, Lee & Bastrop Counties. Oklahoma includes Chickasha Field, Grady County and West Allen Field, Pontotoc County. Lousiana includes Longwood Field, Caddo Parrish. New Mexico includes South Vacuum Field, Lea County, Flying M Field, Lea County, Sulimar Field, Chaves County, North Bilbrey Field, Lea County, Lusk Field, Lea County and Loving N. Morrow Field, Eddy County. Wyoming includes Big Muddy Field, Converse County.

As of January 2014, the Company drilled and completed development well in Lee County, Texas. As of May 2014, the Company completed the Ranger 11A-1H in Bastrop County, Texas. The Company has a 25% working interest and 18.75% net revenue interest in the well. As of July 2014, the Company completed the Ranger 8A-2H and the Ranger 8A3-3H in Lee County, Texas. The Company has a 25% working interest and 18.75% net revenue interest in each well.

Texas

Block A-49 and Block 6 Field, Andrews County, Texas is a producing oil field located in Andrews, Texas.  The Company owns a 74%-100% working interest in five producing oil wells. Spraberry Trend, Midland County, Texas is a producing oil and natural gas field located 6 miles east of Midland, Texas. The Company owns a 6% to 15% working interest in five oil and natural gas wells. Serbin Field, Lee and Bastrop Counties Texas is an oil and natural gas field located approximately 50 miles east of Austin and 100 miles west of Houston. The Company has a working interest in 50 producing oil and natural gas wells. Giddings Field, Fayette County, Texas is in the Austin Chalk field located in various counties surrounding the city of Giddings, Texas.

Oklahoma

Apache Field, Caddo County, Oklahoma is a waterflood project producing from the Viola/Bromide formation. The Apache Bromide Unit is located approximately 5 miles west of the town of Apache and 25 miles north of Lawton, Oklahoma. The Company has a 25.23% working interest in the unit, which consists of 11 producing oil wells and 9 water injection wells. Chickasha Field, Grady County, Oklahoma is a waterflood project producing from the Medrano Sand. The Rush Springs Medrano Unit is located approximately 65 miles southwest of Oklahoma City, Oklahoma.  The Company has a 20.64% working interest in the unit which consists of 21 producing oil and natural gas wells and 11 water injection wells. West Allen Field, Pontotoc County, Oklahoma is producing oil and natural gas field located approximately 100 miles south of Oklahoma City, Oklahoma.

Louisiana

Longwood Field, Caddo Parish, Louisiana is a producing natural gas field located north of Greenwood.  The Company owns a 12.22% working interest in two natural gas wells.

New Mexico

Flying M Field, Lea County, New Mexico is a producing oil and natural gas field located outside of Hobbs, New Mexico.  The Company owns a 39.25% working interest in two oil and natural gas wells. Sulimar Field, Chaves County, New Mexico is a producing oil field located 35 miles north east of Artesia, New Mexico. The Company has a 100% working interest in one oil well. North Bilbrey Field, Lea County, New Mexico is a producing natural gas field located outside of Hobbs, New Mexico.  The Company owns a 50% working interest in the North Bilbrey #7 federal well. Lusk Field, Lea County, New Mexico is a producing oil and natural gas field located outside of Hobbs, New Mexico.  The Company owns an 87.5%-100% working interest in two oil and natural gas wells. The Company also owns an 87.5% working interest in one water disposal well. Loving North Morrow Field, Eddy County, New Mexico is a producing natural gas field located 2 miles west of Loving, New Mexico and 12 miles south east of Carlsbad, New Mexico. The Company owns a 4.3% - 12% working interest in three natural gas wells.

Wyoming

Big Muddy Field, Converse County, Wyoming is a producing oilfield located approximately 30 miles south of Casper, Wyoming. The Company owns a 100% working interest in the Elkhorn and J.C. Kinney lease, which consists of three oil wells.

Company Address

FieldPoint Petroleum Corp

SUITE 335, 609 CASTLE ROAD
AUSTIN   TX   78746
P: +1512.2508692
F: +1512.3351294

Company Web Links

Search Stocks