Fieldpoint Petroleum (FPP) Reports Q2 Loss of $0.07/Share
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FieldPoint Petroleum Reports Results For Second Quarter 2016
August 15, 2016 5:00 PM EDTAUSTIN, Texas, Aug. 15, 2016 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) today announced financial results for the second quarter, ended June 30, 2016.
Phillip Roberson, President and CFO, said, "Although our financial performance was still well below that of the same quarter last year, we saw a significant improvement over the first quarter of this year. This is in great part due to an improvement in commodity pricing, but also to reductions in operating, depletion, and depreciation expenses."
Q2 2016 Financial Highlights Compared to Q2 2015
Total Revenue... More