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FieldPoint Petroleum provides update for Well #3 in Lea County, New Mexico

FieldPoint Petroleum Corporation provided an update on the production from its most recently completed well in

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FieldPoint Petroleum Corporation

FieldPoint Petroleum Corporation provided an update on the production from its most recently completed well in Lea County, New Mexico.

FieldPoint's Executive Chairman, Roger Bryant, stated, "Our drilling partner, Cimarex Energy Co. (NYSE: XEC), has provided us with a progress report on our newest well, the East Lusk Federal 15 #3, in Lea County, New Mexico. For the dates August 14 through August 20, the well averaged producing oil at 730 Bopd and natural gas at 569 Mcfpd. Needless to say, we are very pleased with the way this well is performing at this point. As we have done in the past, we will provide periodic updates on this well as it goes through this early stage production."

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