Shares of Cemerex (XEC +0.8%) and its partner Fieldpoint Petroleum (FPP +0.9%) both trade higher...

|By:, SA News Editor

Shares of Cemerex (XEC +0.8%) and its partner Fieldpoint Petroleum (FPP +0.9%) both trade higher today, after saying oil production at their recently completed East Lusk well in Lea County, New Mexico continues to increase rapidly. The well is now producing over 668 bpd, up 37% in just the past few days.