New Mexico well update from FieldPoint Petroleum

Source: FieldPoint Petroleum Corporation

FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today provided an update on the latest production information from its recently completed East Lusk Federal 15 well #2 in Lea County, New Mexico.

FieldPoint's President and CEO, Ray Reaves stated, "We have promised to keep you informed as to the progress in production from this new well. The last data that we provided was through September 10. On September 11, the well produced 436 BOPD. On September 12, the well produced 692 BOPD, and gas was still being sold. We will of course continue to keep you informed as important events occur with this well and with any plans to drill a third well on this property. "

FieldPoint owns a 43.75% working interest, Cimarex owns a 37.5% working interest, and other partners own the remaining 18.75% working interest in the well.


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