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FieldPoint IPs Bone Spring Well at 789 BOE/d

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FieldPoint IPs Bone Spring Well at 789 BOE/d

FieldPoint Petroleum Corporation has reported on initial production from its recently completed East Lusk Federal 15 #3 well in Lea County, New Mexico.

FieldPoint’s Executive Chairman, Roger D. Bryant, stated, "I am very pleased to report that, although we are still in the early stages of recovering the frac load from the East Lusk Federal 15 #3 well, our drilling partner Cimarex Energy Co. (XEC) reported that on August 13, the well tested at 789 Bopd. As we have done in the past, we will provide periodic updates on this well as it goes through this early stage cyclical production. We believe that this well could contribute significantly to this year’s production and beyond."

As a reminder, FieldPoint owns a 43.75% working interest in East Lusk Federal #1 and #2, and will own the same…

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