FIELDPOINT PETROLEUM REPORTS SECOND QUARTER RESULTS AND PROVIDES UPDATE ON WARRANT ACTIVITY
Wednesday, August 26th, 2015 and is filed under Uncategorized
AUSTIN, TX – August 14, 2015 – FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today announced financial results for the second quarter ended June 30, 2015, and also provided an update on the Company’s warrant conversions.
Phillip Roberson, President and CFO, said, “I’m pleased to announce that over 734,000 warrants were exercised during the 33 day period of reduction in exercise price on our March 2012 outstanding warrants ended last Friday, August 7. We want to thank our shareholders for this show of support during this turbulent down market. Our balance sheet has proved fairly stable and it will be further improved from the recent exercise of warrants.”