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FPP

 
Hoover's Profile:

FieldPoint Petroleum Corporation

(NYSE Alternext:FPP)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
FieldPoint Petroleum Corporation
1703 Edelweiss Dr., Ste. 301
Cedar Park, TX 78613
TX Tel. 512-250-8692
Fax 512-335-1294

Type: Public
On the web: http://www.fppcorp.com
Employees: 4
Employee growth: 0.0%

Got oil and gas? FieldPoint Petroleum can point to its oil and gas fields and its interests in 360 productive oil and gas wells in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. The independent oil and gas exploration company operates some 61 of these wells. About two-thirds of its gross productive oil wells are located in Oklahoma. FieldPoint Petroleum has proved reserves of more than 885,240 barrels of oil and 2.7 billion cu. ft. of natural gas. Chairman and CEO Ray Reaves, an oil and gas industry veteran, controls about 34% of the company.

Key numbers for fiscal year ending December, 2008:
Sales: $6.6M
One year growth: 49.5%
Net income: $0.6M
Income growth: 5.8%

Officers:
Chairman, President, CEO, and CFO: Oil & Gas Exploration & Production

Competitors:
Apache
GMX Resources
Mexco Energy

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