SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) ..............December 13, 2000
FIELDPOINT PETROLEUM CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
COLORADO
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(State or Other Jurisdiction of Incorporation)
0-9435 84-0811034
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(Commission File Number) (IRS Employer Identification Number)
1703 Edelweiss Drive 78613
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Cedar Park, Texas (Zip Code)
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(Address of principal executive offices)
Registrant's telephone number, including area code (512) 250-8692
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
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FieldPoint Petroleum Corporation (The Company) consummated the purchase
of a 20.64% working interest representing a 16.19% net revenue interest in 30
wells in the Chickasha Field located in Grady County Oklahoma, From Ricks
Exploration, Inc. Two wells are scheduled for drilling and completion in 2001.
The Company paid $1,000,000 cash consideration for the lease rights and related
equipment, and will pay its share cost for drilling the two wells.
Closing of the acquisition took place on December 13, 2000, with the
effective date being January 1, 2001.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(a) Financial Statements - to be filed by amendment to this 8-K.
(b) Exhibits
99.2 Press Release dated December 13, 2000
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FieldPoint Petroleum Corporation
(Registrant)
By: /s/ Ray D. Reaves
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President
Dated: December 27, 2000
