FieldPoint Petroleum Corporation and its drilling partner Cimarex Energy Co. have elected to complete the East Lusk Federal 15 well #3 in the Bone Spring Formation and plan to frac the well beginning.

FieldPoint's Chairman, Roger Bryant, stated, "FieldPoint has signed a casing point election to proceed with the completion of our third well on the East Lusk 15 Federal property. We expect that it will take two or three days to complete the fracture stimulation. We have been very pleased with the success of our first two horizontal wells on this property, and with our drilling partner, Cimarex. As in the past we will attempt to keep our shareholders up to date as progress is made with the completion of this new well."

Tags: FieldPoint Petroleum Corporation