609 Castle Ridge Rd #335
Austin, TX, 78746 United States
Got oil and gas? FieldPoint Petroleum can point to its oil and gas fields and its interests in 480 productive oil and gas wells (96 net) in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. The independent oil and gas exploration company operates some 19 of these wells. About two-thirds of its gross productive oil wells are located in Oklahoma. FieldPoint Petroleum has proved reserves of more than 1.1 million barrels of oil and 1.9 billion cu. ft. of natural gas. Its business strategy is to expand its reserve base as well as its production and cash flow through the acquisition of producing oil and gas properties. However, low oil prices have forced the company to hold back on further acquisitions.