SA News • Fri, Nov. 14
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Fri, Nov. 14, 12:05 PM
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Oct. 14, 2013, 11:23 AM
- FieldPoint Petroleum Corporation (FPP) says preparations have been completed to file the application to permit the drilling of a fourth well in the East Lusk Federal Section 15 of Lea County, New Mexico.
- As with the existing three wells, FPP will own a 43.75% working interest, Cimarex Energy (XEC) will own 37.5%, and other partners will own the remaining 18.75%.
Jun. 10, 2013, 11:00 AMFieldPoint Petroleum (FPP -3.8%) says its founder, President and CEO Ray Reaves has died in an auto accident. Longtime board member Roger Bryant will serve as Chairman, fully authorized with executive powers necessary to conduct all aspects of the business, while a search for a new CEO is initiated. | Comment!
Jan. 4, 2012, 2:12 PMMarc Gerstein runs oil producers through a fundamentals stock screener to pull out names where growth is being implemented in an "economically responsible manner." Not shying away from volatility plays, he takes on the under-$10 sub-sector on the theory that increased inefficiencies can make fundamental analysis more "potent." Picks: ALJ, WRES, FPP, RAM, TGA. | Comment!
Dec. 29, 2011, 2:50 PMShares 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. | 1 Comment
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FieldPoint Petroleum Corp is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming.
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