Petroleum: In The News...
|OTC BB: FPPC
|Tuesday March 14, 9:15 am Eastern Time
Company Press Release
Standard & Poor's Approves FieldPoint Petroleum Corporation for Listing In Market Access Program
AUSTIN, Texas, March 14 /PRNewswire/ -- FieldPoint Petroleum Corporation (OTC Bulletin Board: FPPC - news) is pleased to announce today that Standard & Poor's Editorial Board has approved FieldPoint Petroleum for inclusion in its premier Market Access Program. This service prominently displays a timely and conclusive host of information concerning the Company's current financial status, press releases, progress, and general stock information to the investment community. Information provided is widely utilized as a reference tool for research by portfolio managers, institutions, and individual investors to assess the specific investment merits of various companies. Data is distributed worldwide on the website www.advisorinsight.com as well as S&P MarketScope and the S&P Stock Guide Database. S&P MarketScope is a realtime information service and will offer instant access to current market information on FieldPoint Petroleum to more than 80,000 brokers and traders worldwide.
Mr. Ray D. Reaves, President and CEO stated, ``The inclusion of FieldPoint
Petroleum in Standard & Poor's Standard Corporation Records should assist the
brokerage community in making a market in our stock.
Records is a recognized Securities manual for 'Blue Sky Manual Exemption'
trading in 35 states.
Our exposure to the investment community should
We recently reported a 285% increase in our proved oil
and gas reserves year-to-year and believe our progressive trend will
Additionally, Mr. Reaves stated, ``Our overall objective is to grow
the Company, increase shareholder value, and market penetration.
financial coverage program is one of the industry's best programs to broaden
the dissemination of company information and will heighten awareness of
FieldPoint Petroleum to the investment community.
Also we have a strong
emphasis on corporate governance and plan to add one new board member by the
next annual shareholders meeting.''
Current board members include:
Ray D. Reaves Chairman CEO FieldPoint Petroleum Roger D. Bryant Chairman CEO Dial-Thru International (OTC Bulletin Board: DTIX - news) Robert A. Manogue President R.A. Manogue Construction Donald H. Stevens V.P. Treasurer Forest Oil (NYSE: FST - news)
FieldPoint Petroleum Corporation is engaged in the oil and gas exploration, production and acquisition, primarily in Oklahoma, Texas and Wyoming.
This release contains certain forward looking statements within the meaning of the Federal securities laws. Such statements are based on assumptions that the Company believes are reasonable, but which are subject to a wide range of uncertainties and business risks. Factors that could cause actual results to differ from those anticipated are discussed in the Company's periodic filings with the Securities and Exchange Commission (at www.sec.gov), including its Annual Report on Form 1OKSB for the year ended December 31, 1998.
Contact: Ray Reaves of FieldPoint Petroleum Corporation, 512-250-8692, web site http://www.fppcorp.com.
SOURCE: FieldPoint Petroleum Corporation
|OTC BB: FPPC