Press Release

Source: Fieldpoint Petroleum Co.

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FieldPoint Petroleum President Interviewed By CEOcast

Monday June 15^th 2004

AUSTIN, Texas (June 15, 2004,) / PRNewswire-FirstCall/ - FieldPoint Petroleum Corporation (OTCBB: - FPPC - News; today announced its President, Ray D. Reaves was interviewed by CEOcast.com.�

Mr. Reave�s audio interview will be available by going to http://www.ceocast.com and clicking on the �Register Free� banner in the upper right corner of the page. Once you have registered by entering your name and e-mail address, create a password, click register, then insert �FPPC� under search archives by stock symbol, click on the Company�s name and the interview will be available for listening. The interview will be available until June 21, 2004

�About FieldPoint Petroleum Corp. www.fppcorp.com

FieldPoint Petroleum Corporation is engaged in oil and gas exploration, production and acquisition, primarily in New Mexico, Oklahoma, Texas and Wyoming

�This press release may contain projection and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Any such projections or statement reflect the company�s current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. A discussion of important factors that could cause actual results to differ from those projected, such as decreases in oil and gas prices and for unexpected decreases in oil and gas production is included in the company�s periodic reports filed with the Securities and Exchange Commission (at www.sec.gov).

Contact: Ray D. Reaves, President (512)250-8692�������������������������������������������������������������������������� [email protected]