FieldPoint Petroleum completes sale of 401 net acres in New Mexico to private E&P company.
International Resource News-July 21, 2017--FieldPoint Petroleum completes sale of 401 net acres in New Mexico to private E&P company
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International Resource News - 21 July 2017
United States-based FieldPoint Petroleum Corporation (NYSE/MKT:FPP) has completed the sale of 401 net acres in Lea County, New Mexico, held by multiple East Lusk 15 Federal Com wells and the Jennings Federal Com No. 1 well, to a private E&P company.
FieldPoint will retain its 43.75 percent net working interest in the East Lusk Wells and its 87.50 percent net working interest in the Jennings Well.
Total sales price for the asset was USD1,200,000.
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|Publication:||International Resource News (IRN)|
|Date:||Jul 21, 2017|
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