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) ..............October 17, 2001
FIELDPOINT PETROLEUM CORPORATION
(Exact Name of Registrant as Specified in its Charter)
COLORADO
(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
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
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FieldPoint Petroleum Corporation (The Company) consummated the purchase
of a 89.96% working interest representing a 73.27% net revenue interest in The
Ona NW Unit located in Texas County Oklahoma, from Ensign Oil & Gas. The Company
paid $733,463.75 cash consideration for the lease rights and related equipment.
Closing of the acquisition took place on October 17, 2001, with the
effective date being October 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 October 17, 2001
SIGNATURES
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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: October 26, 2001