Field Point Petrolem - $FPP

COMPANY SUMMARY

The Company was founded in 1989 by Ray D. Reaves, and is engaged in oil and gas exploration, production and acquisition.  As of December, 2013, the Company held ownership interests in approximately 360 gross (100 net) wells located in Texas, Oklahoma, Wyoming, New Mexico, and Louisiana.  With Non-operated wells, FPP has a long history with experienced and efficient operators, such as Halcon, Apache, Cimarex, Denbury, Quantum and Linn, to name a few.  With Operated wells, FPP has mainly low-touch, “pumper and electricity only wells” in the Devonian, Ellenberger and Morrow areas of West Texas and New Mexico, and higher maintenance fields that are close to home, such as the Taylor Serbin field near Giddings, Texas.  Oil and gas production is sold on the spot market.

MANAGEMENT

Phillip H. Roberson, President/CFO

  • joined FieldPoint in June of 2013 as COO/CFO. Prior to joining FieldPoint, he was a founder of AEG Operating LLC, an independent oil and gas exploration company, where he was instrumental in the funding, acquisition and day to day operations of the firm’s operated and non-operated properties.
  • previously served as a Director of Energy Investment Banking with Tejas Securities, Inc. where he assisted Exploration & Production and Energy Service companies with debt & equity offerings.
  • was an Equity Analyst with Arabella Securities, LLC, covering Energy and Special Situation companies.
  • received a Bachelor of Business Administration in Finance from the University of Texas at Austin and is a licensed Certified Public Accountant.

Roger D. Bryant, Chairman of the Board and principle executive

  • has been a Director of the Company since July 1997. For more than twenty-five years, Mr. Bryant has held senior management positions with public and companies in a number of different industries.
  • is currently a Founder and Partner of Co-Partners, LLC, a business consulting firm.
  • Prior positions include Chief Executive Officer and Chairman of Canmax, Inc., a publicly traded software development company, President of Network Data Corporation, President of Dresser Industries, Inc., Wayne Division, President of Schlumberger Limited, Retail Petroleum Systems Division, U.S.A., and President of Autogas Systems, Inc., the developer of “Pay-at-the-Pump” technology for the retail petroleum industry.
  • holds a Bachelor of Science degree in Electrical Engineering from the University of Alabama, and has served on the board of directors of more than ten private and public companies.

IMPORTANT LINKS

Follow the Investors Hub Message Board

Link to Company Website

Click here for updated quote

RECENT CHART

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Envestor First and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

Comments are closed.

Oil Projects & Oil Investment Consulting

Oil Projects & Oil Investment Consulting

Oil Projects & Oil Investment Consulting

Oil Projects & Oil Investment Consulting

Permian Basin Stocks

Permian Basin Stocks

Archives