FieldPoint Petroleum Corp.
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About
FieldPoint Petroleum is an energy exploration and production company that acquires, operates, and develops oil and gas properties. We currently have varying ownership interests in 480 gross producing wells (96 net) located across Texas, Oklahoma, Wyoming, New Mexico and Louisiana. Founded in 1989, our business strategy focuses on expanding our reserve base while increasing production and cash flow through the acquisition of leasehold interests as well as producing oil and gas wells.
Editor's note: Updated Nov. 13, 2019.
Transactions
Marketed: Permian Basin HBP Leasehold, Lea County, New Mexico
Marketed: Permian Basin HBP Leasehold, Lea County, New Mexico
FieldPoint Petroleum Enters LOI For Producing Texas Assets
FieldPoint Petroleum Enters LOI For Producing Texas Assets
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New Financings
Received notice from Cittibank N.A. under its loan and security agreement of the reduction of its credit…
The borrowing base available to the company under its bank line of credit has been increased to $11…
Authorized to continue the repurchase of shares of its common stock at a cost not to exceed $250,000.…
The borrowing base available to the company under its bank line of credit from Citibank was increased.
Has repurchased a total of 810,000 shares held in treasury at an average cost of approximately $1.86 per…
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News
Marketed: Permian Basin HBP Leasehold, Lea County, New Mexico
FieldPoint Petroleum Corp. retained Oil & Gas Asset Clearinghouse LLC for the sale of Permian Basin HBP leasehold in Lea County, N.M., in an offering closing Dec. 5.