<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _______)*
FieldPoint Petroleum Corporation
--------------------------------------------
(Name of Issuer)
Common Stock par value $.01 per share
----------------------------------------------
(Title of Class of Securities)
316570-10-0
----------------------
(CUSIP Number)
The Delray Trust
3606 Belle Grove
Sugar Land, TX 77479
(281) 980-1116
-----------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
5/15/00
-------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class. (See Rule 13d-7).
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on following page(s))
Page 1 of 4 Pages
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP NO. 316570-10-0 Page 2 of 4 Pages
---------------------------------------------------------------------------
(1) Names of Reporting Persons, S.S. or I.R.S. Identification Nos. of Above
Persons
The Delray Trust
Federal Employer Identification No. 65-6145574
---------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) [ ]
of a Group* (b) [ ]
---------------------------------------------------------------------------
(3) SEC Use Only
---------------------------------------------------------------------------
(4) Source of Funds*
WC
---------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
n/a
---------------------------------------------------------------------------
(6) Citizenship or Place of Organization
Texas, USA
---------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power - 619,928
Beneficially Owned ---------------------------------------------
by Each Reporting (8) Shared Voting Power - 0
Person With ---------------------------------------------
(9) Sole Dispositive Power - 619,928
---------------------------------------------
(10) Shared Dispositive Power - 0
---------------------------------------------
---------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each
Reporting Person - 619,928
---------------------------------------------------------------------------
(12) Check if the Aggregate Amount in the Row (11) Excludes Certain Shares*
[ ]
---------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) - 9.7%
---------------------------------------------------------------------------
(14) Type of Reporting Person* - 00
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
<PAGE>
Page 3 of 4 Pages
ITEM 1. SECURITY AND ISSUER
The class of securities to which this statement relates is common stock,
par value $.01 per share (the "Common Stock") of FieldPoint Petroleum
Corporation, a Colorado corporation (the "Company"). The address of the
principal executive offices of the Company is 1703 Edelweiss Drive, Cedar
Park, Texas 78613.
ITEM 2. IDENTITY AND BACKGROUND
(a)-(c) The Delray Trust (3606 Belle Grove, Sugar Land, Texas 77479).
(d)-(f) The entity referred to above is a Trust formed under the laws
of the State of Florida, USA. The Trustee of the Trust is Gernell Bradley.
During the last five years, neither the Trust nor the Trustee has been
convicted in any criminal proceeding (excluding traffic violations or similar
misdemeanors) nor have they been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Funds were derived from Trust corpus.
ITEM 4. PURPOSE OF TRANSACTION
The shares were acquired for investment purposes.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
In the last 60 days, shareholder effected the following transactions in
the shares (list below):
<TABLE>
<CAPTION>
Date of Transaction Nature of Transaction No. of Shares Price/Share
------------------- --------------------- ------------- -----------
<S> <C> <C> <C>
5/05/00 Sale 1,000 $1.71875
5/15/00 Sale 2,000 $1.71875
</TABLE>
According to the Company's Form 10-QSB filed with the Securities and
Exchange Commission for the quarter ended May 31, 2000, there were a total of
6,381,925 shares issued and outstanding. As of the date hereof, the Trust has
the sole power to vote 619,928 shares. This total represents 9.7% of the
total shares outstanding as of such date.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
n/a
<PAGE>
<PAGE>
Page 4 of 4 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: July 13, 2000 THE DELRAY TRUST
----------------------
By: /s/ Gernell Bradley
-------------------------------
Gernell Bradley, Manager
