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FieldPoint Petroleum Corporation (OTCBB:FPPC)is engaged in oil and gas exploration, production, and acquisition.
As of December 2003, the company has varying ownership interest in 300 productive wells located in Oklahoma, Texas, and Wyoming. FPPC currently operates 50 of the 300 wells. The remaining wells are operated by independent operators under standard industry contracts.
FPPC oil and gas production is sold on the spot market.
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