12 May 2010quarterly activities report● Neutral
FIELDPOINT PETROLEUM CORP reported quarterly revenue of $1.8 million and net income of $394 thousand for the period ended 2010-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 May 2010quarterly activities report● Neutral
FIELDPOINT PETROLEUM CORP reported quarterly revenue of $1.8 million and net income of $394 thousand for the period ended 2010-06-30.
5 Feb 2010substantial holder notice● Neutral
Ray D. Reaves reported a FIELDPOINT PETROLEUM CORP shareholding of 3,020,000 shares (35.82% of votes) in a periodic institutional filing.
5 Feb 2010director interest notice● Neutral
FIELDPOINT PETROLEUM CORP Pres., CEO, CFO Ray D Reaves bought 10,000 shares on the open market.
4 Feb 2010substantial holder notice● Neutral
Ray D. Reaves reported a FIELDPOINT PETROLEUM CORP shareholding of 3,010,000 shares (35.71% of votes) in a periodic institutional filing.
3 Feb 2010director interest notice● Neutral
FIELDPOINT PETROLEUM CORP Pres., CEO, CFO Ray D Reaves bought 10,000 shares on the open market.
16 Mar 2009listing compliance notice▼ Bad
FIELDPOINT PETROLEUM CORP withdrew a registration statement, abandoning the offering it covered.
15 Jan 2009business combination● NeutralMajor
FieldPoint filed a registration statement (Form S-4) for an exchange offer to acquire Basic Earth Science Systems, Inc., offering 1 FieldPoint share for every 2 Basic shares. It seeks a minimum of 8,907,448 Basic shares (51%) and up to 17,465,585 (100%), issuing up to 8,732,793 new FieldPoint shares; at the Jan 13, 2009 closing prices ($2.92 FieldPoint, $0.65 Basic) the offer valued Basic at $1.46 per share, a 125% premium. The filing says FieldPoint seeks the stake for investment, plans to elect new Basic directors if it gets a majority, and does not plan a later merger. This is a new thread and would dilute existing FieldPoint holders if completed (inference from share issuance).
27 June 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Robinson Daniel R sold 10,000 shares.
18 June 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Reimers Karl sold 5,000 shares at $7.01.
3 June 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Reimers Karl sold 5,000 shares at $5.15.
22 May 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Mel Slater sold 50,000 shares.
22 May 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Roger D Bryant sold 15,000 shares.
12 Feb 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP Pres., CEO, CFO Ray D Reaves bought 4,000 shares on the open market at $0.91.
28 Jan 2008director interest notice● Neutral
FIELDPOINT PETROLEUM CORP President, CEO, CFO Ray D Reaves bought 11,000 shares on the open market.
27 Dec 2007asset acquisition disposition▲ GoodMajor
FieldPoint bought a 100% working interest (85.5% net revenue interest) in the Sulimar Field, Chaves County, New Mexico from Chevron Mid-Continent, L.P. for $1,700,135. $1,500,000 was drawn on the Citibank line of credit and the balance paid from cash; documents were executed December 27, 2007. This is the second Citibank-funded acquisition in 2007, after the Apache Bromide Unit.
29 Aug 2007asset acquisition disposition● Neutral
This amendment repeats the August 2007 Apache Bromide Unit purchase report unchanged in substance and adds the Conveyance, Assignment and Bill of Sale as an exhibit. No new figures are given.
8 Aug 2007asset acquisition disposition▲ GoodMajor
FieldPoint bought a 25.2315% working interest (22.077% net revenue interest) in the Apache Bromide Unit, Caddo County, Oklahoma from Merit Management Partners I, L.P. for $1,880,611.50. $1,000,000 was drawn on the Citibank line of credit and the rest paid from cash; conveyance documents were signed August 7, 2007.
12 June 2007director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Robinson Daniel R exercised stock options for 93,000 shares.
7 June 2007director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Roger D Bryant bought 10,000 shares on the open market at $1.85.
7 May 2007director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Reimers Karl exercised stock options for 20,000 shares.
17 Apr 2007substantial holder notice● Neutral
Ray D. Reaves reported a FIELDPOINT PETROLEUM CORP shareholding of 2,985,000 shares (34.05% of votes) in a periodic institutional filing.
12 Apr 2007director interest notice● Neutral
FIELDPOINT PETROLEUM CORP Pres., CFO, CEO Ray D Reaves bought 20,000 shares on the open market.
2 Apr 2007late filing notice▼ Bad
FIELDPOINT PETROLEUM CORP notified the SEC that its annual report would be filed late.
24 Jan 2007director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Reimers Karl exercised stock options for 20,000 shares.
20 Oct 2006debt financing● NeutralMajor
On October 18, 2006 FieldPoint signed a Loan and Security Agreement with Citibank, N.A. for a revolving line of credit of up to the lesser of $50,000,000 or the borrowing base, which starts at $5,000,000 and is adjusted semiannually. It is secured by a first lien on substantially all of the company's oil and gas interests in Louisiana, New Mexico, Oklahoma, Texas and Wyoming, and advances are due in 2010.
19 July 2006director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Robinson Daniel R exercised stock options for 7,000 shares and disposed of 7,000 shares.
7 June 2006director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Reimers Karl exercised stock options for 10,000 shares and disposed of 10,000 shares.
19 Apr 2006director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Mel Slater sold 1,200 shares at $5.50.
19 Apr 2006director interest notice● Neutral
FIELDPOINT PETROLEUM CORP director Mel Slater sold 10,300 shares at $4.75.