Exhibit 99.2




---



##### 



DiscussionReserve DefinitionsSummaries by Reserve CategoryTotal ProvedProved ProducingProved Behind PipeProved Shut-inProved UndevelopedOne-Line SummariesSort by Reserve CategorySort by FieldValue Sort  by PW10%Proved Developed ProducingProved Behind PipeProved Shut-InProved Undeveloped




---



##### 



Ref:
    
    FieldPoint Petroleum Corporation
 Estimates of Proved Reserves and Revenues
 As of January 1,
2011
 SEC Guideline Case
    
 ProvedDeveloped
    
    
    Proved
    
    
    ProvedSEC Price Guideline Case
    
    Producing
    
    
    Behind Pipe
    
    
    Undeveloped
    
    
    Total ProvedEstimated Future Net Liquids, MBbl
    
    
    677.39
    
    
    
    25.12
    
    
    
    269.62
    
    
    
    972.13Estimated Future Net Gas, MMcf
    
    
    1,374.03
    
    
    
    298.36
    
    
    
    445.68
    
    
    
    2,118.07Total Future Gross Revenue, M$
    
    
    56,345.90
    
    
    
    3,126.41
    
    
    
    22,508.53
    
    
    
    81,980.84Direct Operating Costs, Transportation,
and Taxes, M$
    
    
    27,819.64
    
    
    
    917.75
    
    
    
    8,604.54
    
    
    
    37,341.93Capital Expenditures, M$
    
    
    0
    
    
    
    129.17
    
    
    
    6,285.00
    
    
    
    6,414.17Estimated Future Net Revenue (FNR),
M$
    
    
    28,526.26
    
    
    
    2,079.49
    
    
    
    7,618.99
    
    
    
    38,224.75Discounted FNR at 10%, M$
    
    
    14,746.34
    
    
    
    1,151.44
    
    
    
    4,593.07
    
    
    
    20,490.86Discounted FNR at 15%, M$
    
    
    11,937.14
    
    
    
    895.19
    
    
    
    3,362.30
    
    
    
    16,194.63
 Standards
Pertaining to the Estimating and Auditing of Oil and Gas Reserve Information Guidelines for Application of Definitions for Oil and Gas Reserves




---



##### 



FIELDPOINT PETROLEUM CORPORATION
    
    March 9, 2011




---



##### 



FIELDPOINT PETROLEUM CORPORATION
    
    March 9, 2011




---



##### 



Table 3: Reserves Category Definitions and Guidelines
 Category
    
    Definition
    
    GuidelinesProved Reserves
    
    Proved Reserves are
those quantities of
petroleum, which by
analysis of geoscience
and engineering data,
can be estimated with
reasonable certainty
to be commercially
recoverable, from a
given date forward,
from known reservoirs
and under defined
economic conditions,
operating methods, and
government
regulations.
    
    If deterministic methods are used, the term
reasonable certainty is intended to express a
high degree of confidence that the quantities
will be recovered. If probabilistic methods are
used, there should be at least a 90% probability
that the quantities actually recovered will
equal or exceed the estimate.

The area of the reservoir considered as Proved
includes (1) the area delineated by drilling and
defined by fluid contacts, if any, and (2)
adjacent undrilled portions of the reservoir
that can reasonably be judged as continuous with
it and commercially productive on the basis of
available geoscience and engineering data.

In the absence of data on fluid contacts, Proved
quantities in a reservoir are limited by the
lowest known hydrocarbon (LKH) as seen in a well
penetration unless otherwise indicated by
definitive geoscience, engineering, or
performance data. Such definitive information
may include pressure gradient analysis and
seismic indicators. Seismic data alone may not
be sufficient to define fluid contacts for
Proved reserves (see 2001 Supplemental
Guidelines, Chapter 8). 
Reserves in undeveloped locations may be
classified as Proved provided that:    The locations
are in undrilled areas of the reservoir that can
be judged with reasonable certainty to
be commercially productive.    Interpretations
of available geoscience and engineering data
indicate with reasonable certainty that the
objective formation is laterally continuous with
drilled Proved locations.
For Proved Reserves, the recovery efficiency
applied to these reservoirs should be defined
based on a range of possibilities supported by
analogs and sound engineering judgment
considering the characteristics of the Proved
area and the applied development program.Probable Reserves
    
    Probable Reserves are
those additional
Reserves which
analysis of geoscience
and engineering data
indicate are less
likely to be recovered
than Proved Reserves
but more certain to be
recovered than
Possible Reserves.
    
    It is equally likely that actual remaining
quantities recovered will be greater than or
less than the sum of the estimated Proved plus
Probable Reserves (2P). In this context, when
probabilistic methods are used, there should be
at least a 50% probability that the actual
quantities recovered will equal or exceed the 2P
estimate. 
Probable Reserves may be assigned to areas of a
reservoir adjacent to Proved where data control
or interpretations of available data are less
certain. The interpreted reservoir continuity
may not meet the reasonable certainty criteria.

Probable estimates also include incremental
recoveries associated with project recovery
efficiencies beyond that assumed for Proved.




---



##### 



Category
    
    Definition
    
    GuidelinesPossible Reserves
    
    Possible Reserves are
those additional
reserves which
analysis of
geoscience and
engineering data
indicate are less
likely to be
recoverable than
Probable Reserves.
    
    The total quantities
ultimately recovered
from the project have
a low probability to
exceed the sum of
Proved plus Probable
plus Possible (3P),
which is equivalent
to the high estimate
scenario. When
probabilistic methods
are used, there
should be at least a
10% probability that
the actual quantities
recovered will equal
or exceed the 3P
estimate.

Possible Reserves may
be assigned to areas
of a reservoir
adjacent to Probable
where data control
and interpretations
of available data are
progressively less
certain. Frequently,
this may be in areas
where geoscience and
engineering data are
unable to clearly
define the area and
vertical reservoir
limits of commercial
production from the
reservoir by a
defined project.

Possible estimates
also include
incremental
quantities associated
with project recovery
efficiencies beyond
that assumed for
Probable.Probable and Possible
Reserves
    
    (See above for
separate criteria for
Probable Reserves and
Possible Reserves.)
    
    The 2P and 3P
estimates may be
based on reasonable
alternative technical
and commercial
interpretations
within the reservoir
and/or subject
project that are
clearly documented,
including comparisons
to results in
successful similar
projects.

In conventional
accumulations,
Probable and/or
Possible Reserves may
be assigned where
geoscience and
engineering data
identify directly
adjacent portions of
a reservoir within
the same accumulation
that may be separated
from Proved areas by
minor faulting or
other geological
discontinuities and
have not been
penetrated by a
wellbore but are
interpreted to be in
communication with
the known (Proved)
reservoir. Probable
or Possible Reserves
may be assigned to
areas that are
structurally higher
than the Proved area.
Possible (and in some
cases, Probable)
Reserves may be
assigned to areas
that are structurally
lower than the
adjacent Proved or 2P
area.

Caution should be
exercised in
assigning Reserves to
adjacent reservoirs
isolated by major,
potentially sealing,
faults until this
reservoir is
penetrated and
evaluated as
commercially
productive.
Justification for
assigning Reserves in
such cases should be
clearly documented.
Reserves should not
be assigned to areas
that are clearly
separated from a
known accumulation by
non-productive
reservoir (i.e.,
absence of reservoir,
structurally low
reservoir, or
negative test
results); such areas
may contain
Prospective
Resources.

In conventional
accumulations, where
drilling has defined
a highest known oil
(HKO) elevation and
there exists the
potential for an
associated gas cap,
Proved oil Reserves
should only be
assigned in the
structurally higher
portions of the
reservoir if there is
reasonable certainty
that such portions
are initially above
bubble point pressure
based on documented
engineering analyses.
Reservoir portions
that do not meet this
certainty may be
assigned as Probable
and Possible oil
and/or gas based on
reservoir fluid
properties and
pressure gradient
interpretations.




---



##### 



Summaries by Reserve Category




---



##### 



Date: 03/09/2011 11:16:30 AM
    
    ECONOMIC SUMMARY PROJECTION
    
    Proved Rsv Class
 Project Name:
    
    FieldPoint Petroleum Corporation
    
    As Of Date: 01/01/2011Partner:
    
    All Cases
    
    Discount Rate (%): 10.00Case Type:
    
    REPORT BREAK TOTAL CASE
    
    Custom SelectionCum Oil (Mbbl):
    
    77,321.56Cum Gas (MMcf):
    
    29,676.32Cum NGL (Mgal):
    
    0.06
 Gross
    
    
    Gross
    
    
    Gross
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    TotalOil
    
    
    Gas
    
    
    NGL
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    Price
    
    
    Price
    
    
    Price
    
    
    RevenueYear
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    ($/bbl)
    
    
    ($/Mcf)
    
    
    ($/gal)
    
    
    (M$)2011
    
    
    305.28
    
    
    
    701.87
    
    
    
    0.18
    
    
    
    98.99
    
    
    
    177.88
    
    
    
    0.08
    
    
    
    74.87
    
    
    
    4.46
    
    
    
    0.55
    
    
    
    8,205.632012
    
    
    257.14
    
    
    
    626.30
    
    
    
    0.17
    
    
    
    81.49
    
    
    
    156.50
    
    
    
    0.08
    
    
    
    74.92
    
    
    
    4.34
    
    
    
    0.55
    
    
    
    6,785.172013
    
    
    336.91
    
    
    
    761.53
    
    
    
    0.16
    
    
    
    90.31
    
    
    
    179.13
    
    
    
    0.07
    
    
    
    75.71
    
    
    
    4.53
    
    
    
    0.55
    
    
    
    7,647.952014
    
    
    281.85
    
    
    
    630.68
    
    
    
    0.16
    
    
    
    76.39
    
    
    
    148.52
    
    
    
    0.07
    
    
    
    75.67
    
    
    
    4.56
    
    
    
    0.55
    
    
    
    6,457.612015
    
    
    233.94
    
    
    
    604.75
    
    
    
    0.15
    
    
    
    65.41
    
    
    
    134.17
    
    
    
    0.06
    
    
    
    75.58
    
    
    
    4.45
    
    
    
    0.55
    
    
    
    5,540.772016
    
    
    200.76
    
    
    
    910.71
    
    
    
    0.14
    
    
    
    56.10
    
    
    
    146.32
    
    
    
    0.06
    
    
    
    75.46
    
    
    
    4.28
    
    
    
    0.55
    
    
    
    4,859.892017
    
    
    177.11
    
    
    
    624.76
    
    
    
    0.13
    
    
    
    50.34
    
    
    
    116.85
    
    
    
    0.06
    
    
    
    75.37
    
    
    
    4.33
    
    
    
    0.55
    
    
    
    4,299.712018
    
    
    146.57
    
    
    
    487.43
    
    
    
    0.12
    
    
    
    43.76
    
    
    
    100.12
    
    
    
    0.05
    
    
    
    75.18
    
    
    
    4.34
    
    
    
    0.55
    
    
    
    3,724.122019
    
    
    129.47
    
    
    
    413.35
    
    
    
    0.12
    
    
    
    39.27
    
    
    
    89.14
    
    
    
    0.05
    
    
    
    75.07
    
    
    
    4.33
    
    
    
    0.55
    
    
    
    3,334.232020
    
    
    121.63
    
    
    
    367.74
    
    
    
    0.11
    
    
    
    36.07
    
    
    
    81.47
    
    
    
    0.05
    
    
    
    75.04
    
    
    
    4.31
    
    
    
    0.55
    
    
    
    3,057.972021
    
    
    110.31
    
    
    
    320.52
    
    
    
    0.10
    
    
    
    32.96
    
    
    
    73.56
    
    
    
    0.05
    
    
    
    75.00
    
    
    
    4.31
    
    
    
    0.55
    
    
    
    2,789.002022
    
    
    101.57
    
    
    
    285.26
    
    
    
    0.10
    
    
    
    30.62
    
    
    
    67.29
    
    
    
    0.04
    
    
    
    74.96
    
    
    
    4.31
    
    
    
    0.55
    
    
    
    2,585.422023
    
    
    93.80
    
    
    
    255.63
    
    
    
    0.09
    
    
    
    28.45
    
    
    
    61.35
    
    
    
    0.04
    
    
    
    74.92
    
    
    
    4.29
    
    
    
    0.55
    
    
    
    2,395.122024
    
    
    85.61
    
    
    
    228.80
    
    
    
    0.09
    
    
    
    26.03
    
    
    
    55.58
    
    
    
    0.04
    
    
    
    74.89
    
    
    
    4.28
    
    
    
    0.55
    
    
    
    2,187.592025
    
    
    76.80
    
    
    
    199.51
    
    
    
    0.08
    
    
    
    23.44
    
    
    
    49.97
    
    
    
    0.04
    
    
    
    74.92
    
    
    
    4.29
    
    
    
    0.55
    
    
    
    1,970.16Rem
    
    
    465.84
    
    
    
    1,576.06
    
    
    
    0.83
    
    
    
    192.47
    
    
    
    480.21
    
    
    
    0.36
    
    
    
    74.22
    
    
    
    3.86
    
    
    
    0.55
    
    
    
    16,140.50Total
    
    
    3,124.60
    
    
    
    8,994.89
    
    
    
    2.75
    
    
    
    972.10
    
    
    
    2,118.07
    
    
    
    1.19
    
    
    
    75.03
    
    
    
    4.27
    
    
    
    0.55
    
    
    
    81,980.84Ult
    
    
    80,446.16
    
    
    
    38,671.21
    
    
    
    2.81
 Net Tax
    
    
    Net Tax
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Other
    
    
    Net
    
    
    Annual
    
    
    Cum Disc.Well
    
    
    Production
    
    
    AdValorem
    
    
    Investment
    
    
    Lease Costs
    
    
    Well Costs
    
    
    Costs
    
    
    Profits
    
    
    Cash Flow
    
    
    Cash FlowYear
    
    Count
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)2011
    
    
    78.00
    
    
    
    549.26
    
    
    
    290.01
    
    
    
    3,995.20
    
    
    
    1,549.38
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,821.78
    
    
    
    1,591.862012
    
    
    80.00
    
    
    
    448.56
    
    
    
    225.50
    
    
    
    1,866.13
    
    
    
    1,599.83
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,645.16
    
    
    
    3,905.392013
    
    
    81.00
    
    
    
    512.04
    
    
    
    228.23
    
    
    
    357.84
    
    
    
    1,673.61
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    4,876.23
    
    
    
    7,703.752014
    
    
    81.00
    
    
    
    429.63
    
    
    
    188.34
    
    
    
    0.00
    
    
    
    1,653.58
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    4,186.05
    
    
    
    10,664.302015
    
    
    79.00
    
    
    
    366.93
    
    
    
    159.79
    
    
    
    45.00
    
    
    
    1,610.16
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    3,358.89
    
    
    
    12,814.332016
    
    
    74.00
    
    
    
    324.05
    
    
    
    139.19
    
    
    
    0.00
    
    
    
    1,452.62
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,944.03
    
    
    
    14,519.872017
    
    
    72.00
    
    
    
    285.00
    
    
    
    122.59
    
    
    
    0.00
    
    
    
    1,440.22
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,451.90
    
    
    
    15,805.222018
    
    
    69.00
    
    
    
    245.00
    
    
    
    106.20
    
    
    
    0.00
    
    
    
    1,282.11
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,090.81
    
    
    
    16,797.322019
    
    
    40.00
    
    
    
    217.58
    
    
    
    94.75
    
    
    
    150.00
    
    
    
    1,187.74
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,684.16
    
    
    
    17,520.402020
    
    
    37.00
    
    
    
    199.29
    
    
    
    86.42
    
    
    
    0.00
    
    
    
    1,135.18
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,637.09
    
    
    
    18,156.922021
    
    
    34.00
    
    
    
    181.67
    
    
    
    78.41
    
    
    
    0.00
    
    
    
    1,112.92
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,415.99
    
    
    
    18,655.182022
    
    
    34.00
    
    
    
    168.07
    
    
    
    72.24
    
    
    
    0.00
    
    
    
    1,112.92
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,232.18
    
    
    
    19,047.692023
    
    
    34.00
    
    
    
    155.47
    
    
    
    66.56
    
    
    
    0.00
    
    
    
    1,103.96
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,069.14
    
    
    
    19,356.002024
    
    
    32.00
    
    
    
    141.58
    
    
    
    59.57
    
    
    
    0.00
    
    
    
    1,056.02
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    930.43
    
    
    
    19,598.892025
    
    
    28.00
    
    
    
    127.46
    
    
    
    52.86
    
    
    
    0.00
    
    
    
    987.40
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    802.43
    
    
    
    19,788.46Rem.
    
    
    
    
    
    
    1,028.35
    
    
    
    438.60
    
    
    
    0.00
    
    
    
    9,595.07
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    5,078.49
    
    
    
    702.39Total
    
    
    
    
    
    
    5,379.96
    
    
    
    2,409.25
    
    
    
    6,414.17
    
    
    
    29,552.71
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    38,224.75
    
    
    
    20,490.86
 Present Worth Profile (M$)PW
    
    
    5.00%:
    
    
    
    27,068.34Disc. Initial Invest. (M$):
    
    
    3,925.345
    
    
    PW
    
    
    8.00%:
    
    
    
    22,763.10ROInvestment (disc/undisc):
    
    
    6.22 / 10.55
    
    
    PW
    
    
    10.00%:
    
    
    
    20,490.86Years to Payout:
    
    
    0.70
    
    
    PW
    
    
    12.00%:
    
    
    
    18,571.06Internal ROR (%):
    
    
    178.90
    
    
    PW
    
    
    15.00%:
    
    
    
    16,194.63PW
    
    
    20.00%:
    
    
    
    13,183.14
 TRC Eco DetailedNGL.rpt
    
    Page: 1




---



##### 



Date:03/09/2011 11:16:30 AM
    
    ECONOMIC SUMMARY PROJECTION
 Project Name:
    
    FieldPoint Petroleum Corporation
    
    As Of Date: 01/01/2011
    
    Proved Rsv ClassPartner:
    
    All Cases
    
    Discount Rate (%): 10.00
    
    Producing Rsv CategoryCase Type:
    
    REPORT BREAK TOTAL CASE
    
    Custom SelectionCum Oil (Mbbl):
    
    76,171.99Cum Gas (MMcf):
    
    28,541.52Cum NGL (Mgal):
    
    0.06
 Gross
    
    
    Gross
    
    
    Gross
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    TotalOil
    
    
    Gas
    
    
    NGL
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    Price
    
    
    Price
    
    
    Price
    
    
    RevenueYear
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    ($/bbl)
    
    
    ($/Mcf)
    
    
    ($/gal)
    
    
    (M$)2011
    
    
    192.13
    
    
    
    507.32
    
    
    
    0.18
    
    
    
    59.11
    
    
    
    109.37
    
    
    
    0.08
    
    
    
    75.07
    
    
    
    4.52
    
    
    
    0.55
    
    
    
    4,930.952012
    
    
    172.55
    
    
    
    439.18
    
    
    
    0.17
    
    
    
    54.15
    
    
    
    99.57
    
    
    
    0.08
    
    
    
    75.04
    
    
    
    4.46
    
    
    
    0.55
    
    
    
    4,507.792013
    
    
    156.38
    
    
    
    388.05
    
    
    
    0.16
    
    
    
    49.78
    
    
    
    91.40
    
    
    
    0.07
    
    
    
    75.02
    
    
    
    4.44
    
    
    
    0.55
    
    
    
    4,139.552014
    
    
    140.04
    
    
    
    347.87
    
    
    
    0.16
    
    
    
    45.64
    
    
    
    84.46
    
    
    
    0.07
    
    
    
    75.12
    
    
    
    4.41
    
    
    
    0.55
    
    
    
    3,801.192015
    
    
    128.30
    
    
    
    271.07
    
    
    
    0.15
    
    
    
    42.02
    
    
    
    76.55
    
    
    
    0.06
    
    
    
    75.08
    
    
    
    4.40
    
    
    
    0.55
    
    
    
    3,491.782016
    
    
    116.36
    
    
    
    231.88
    
    
    
    0.14
    
    
    
    37.30
    
    
    
    69.59
    
    
    
    0.06
    
    
    
    74.98
    
    
    
    4.39
    
    
    
    0.55
    
    
    
    3,102.732017
    
    
    107.31
    
    
    
    210.71
    
    
    
    0.13
    
    
    
    34.79
    
    
    
    64.29
    
    
    
    0.06
    
    
    
    74.95
    
    
    
    4.38
    
    
    
    0.55
    
    
    
    2,889.192018
    
    
    87.20
    
    
    
    191.44
    
    
    
    0.12
    
    
    
    30.60
    
    
    
    59.66
    
    
    
    0.05
    
    
    
    74.73
    
    
    
    4.36
    
    
    
    0.55
    
    
    
    2,546.812019
    
    
    74.94
    
    
    
    174.65
    
    
    
    0.12
    
    
    
    27.68
    
    
    
    55.30
    
    
    
    0.05
    
    
    
    74.59
    
    
    
    4.34
    
    
    
    0.55
    
    
    
    2,304.592020
    
    
    69.23
    
    
    
    159.38
    
    
    
    0.11
    
    
    
    25.55
    
    
    
    51.65
    
    
    
    0.05
    
    
    
    74.53
    
    
    
    4.33
    
    
    
    0.55
    
    
    
    2,128.222021
    
    
    64.96
    
    
    
    148.05
    
    
    
    0.10
    
    
    
    23.90
    
    
    
    48.39
    
    
    
    0.05
    
    
    
    74.54
    
    
    
    4.31
    
    
    
    0.55
    
    
    
    1,989.982022
    
    
    61.52
    
    
    
    138.17
    
    
    
    0.10
    
    
    
    22.70
    
    
    
    45.61
    
    
    
    0.04
    
    
    
    74.53
    
    
    
    4.31
    
    
    
    0.55
    
    
    
    1,888.562023
    
    
    58.15
    
    
    
    128.06
    
    
    
    0.09
    
    
    
    21.49
    
    
    
    42.47
    
    
    
    0.04
    
    
    
    74.52
    
    
    
    4.28
    
    
    
    0.55
    
    
    
    1,783.172024
    
    
    54.97
    
    
    
    118.88
    
    
    
    0.09
    
    
    
    20.36
    
    
    
    39.81
    
    
    
    0.04
    
    
    
    74.50
    
    
    
    4.26
    
    
    
    0.55
    
    
    
    1,686.402025
    
    
    50.23
    
    
    
    104.24
    
    
    
    0.08
    
    
    
    18.75
    
    
    
    36.68
    
    
    
    0.04
    
    
    
    74.55
    
    
    
    4.27
    
    
    
    0.55
    
    
    
    1,554.23Rem
    
    
    275.43
    
    
    
    1,017.39
    
    
    
    0.83
    
    
    
    163.55
    
    
    
    399.23
    
    
    
    0.36
    
    
    
    73.79
    
    
    
    3.84
    
    
    
    0.55
    
    
    
    13,600.75Total
    
    
    1,809.70
    
    
    
    4,576.36
    
    
    
    2.75
    
    
    
    677.36
    
    
    
    1,374.03
    
    
    
    1.19
    
    
    
    74.61
    
    
    
    4.23
    
    
    
    0.55
    
    
    
    56,345.90Ult
    
    
    77,981.69
    
    
    
    33,117.88
    
    
    
    2.81
 Net Tax
    
    
    Net Tax
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Other
    
    
    Net
    
    
    Annual
    
    
    Cum Disc.Well
    
    
    Production
    
    
    AdValorem
    
    
    Investment
    
    
    Lease Costs
    
    
    Well Costs
    
    
    Costs
    
    
    Profits
    
    
    Cash Flow
    
    
    Cash FlowYear
    
    Count
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)2011
    
    
    75.00
    
    
    
    314.10
    
    
    
    126.61
    
    
    
    0.00
    
    
    
    1,452.92
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    3,037.32
    
    
    
    2,893.872012
    
    
    74.00
    
    
    
    286.44
    
    
    
    115.84
    
    
    
    0.00
    
    
    
    1,438.71
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,666.80
    
    
    
    5,193.602013
    
    
    71.00
    
    
    
    262.59
    
    
    
    106.46
    
    
    
    0.00
    
    
    
    1,432.56
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,337.94
    
    
    
    7,018.342014
    
    
    71.00
    
    
    
    240.88
    
    
    
    97.84
    
    
    
    0.00
    
    
    
    1,398.06
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,064.42
    
    
    
    8,476.922015
    
    
    68.00
    
    
    
    221.29
    
    
    
    89.95
    
    
    
    0.00
    
    
    
    1,353.96
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,826.58
    
    
    
    9,645.222016
    
    
    63.00
    
    
    
    198.16
    
    
    
    80.08
    
    
    
    0.00
    
    
    
    1,192.57
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,631.91
    
    
    
    10,589.972017
    
    
    61.00
    
    
    
    184.54
    
    
    
    74.60
    
    
    
    0.00
    
    
    
    1,180.17
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,449.87
    
    
    
    11,349.672018
    
    
    58.00
    
    
    
    161.47
    
    
    
    65.91
    
    
    
    0.00
    
    
    
    1,022.07
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,297.36
    
    
    
    11,965.022019
    
    
    28.00
    
    
    
    145.36
    
    
    
    59.74
    
    
    
    0.00
    
    
    
    925.34
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,174.16
    
    
    
    12,469.152020
    
    
    25.00
    
    
    
    135.10
    
    
    
    55.22
    
    
    
    0.00
    
    
    
    868.12
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,069.78
    
    
    
    12,884.922021
    
    
    22.00
    
    
    
    126.50
    
    
    
    51.65
    
    
    
    0.00
    
    
    
    845.87
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    965.96
    
    
    
    13,224.712022
    
    
    22.00
    
    
    
    120.02
    
    
    
    49.01
    
    
    
    0.00
    
    
    
    845.87
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    873.66
    
    
    
    13,502.922023
    
    
    22.00
    
    
    
    113.36
    
    
    
    46.28
    
    
    
    0.00
    
    
    
    836.91
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    786.62
    
    
    
    13,729.692024
    
    
    20.00
    
    
    
    107.32
    
    
    
    43.77
    
    
    
    0.00
    
    
    
    826.32
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    709.00
    
    
    
    13,914.722025
    
    
    17.00
    
    
    
    99.21
    
    
    
    40.37
    
    
    
    0.00
    
    
    
    785.98
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    628.68
    
    
    
    14,063.22Rem.
    
    
    
    
    
    
    864.75
    
    
    
    362.46
    
    
    
    0.00
    
    
    
    6,367.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    6,006.19
    
    
    
    683.12Total
    
    
    
    
    
    
    3,581.06
    
    
    
    1,465.79
    
    
    
    0.00
    
    
    
    22,772.79
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    28,526.26
    
    
    
    14,746.34
 Present Worth Profile (M$)PW
    
    
    5.00%:
    
    
    
    19,393.61Disc. Initial Invest. (M$):
    
    
    0.000
    
    
    PW
    
    
    8.00%:
    
    
    
    16,299.47ROInvestment (disc/undisc):
    
    
    0.00/0.00
    
    
    PW
    
    
    10.00%:
    
    
    
    14,746.34Years to Payout:
    
    
    0.00
    
    
    PW
    
    
    12.00%:
    
    
    
    13,471.97Internal ROR (%):
    
    
    0.00
    
    
    PW
    
    
    15.00%:
    
    
    
    11,937.14PW
    
    
    20.00%:
    
    
    
    10,049.84
 TRC Eco DetailedNGL.rpt
    
    Page: 2




---



##### 



Date:03/09/2011 11:16:30 AM
    
    ECONOMIC SUMMARY PROJECTION
 Project Name:
    
    FieldPoint Petroleum Corporation
    
    As Of Date: 01/01/2011
    
    Proved Rsv ClassPartner:
    
    All Cases
    
    Discount Rate (%): 10.00
    
    Behind Pipe Rsv CategoryCase Type:
    
    REPORT BREAK TOTAL CASE
    
    Custom SelectionCum Oil (Mbbl):
    
    0.00Cum Gas (MMcf):
    
    0.00Cum NGL (Mgal):
    
    0.00
 Gross
    
    
    Gross
    
    
    Gross
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    TotalOil
    
    
    Gas
    
    
    NGL
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    Price
    
    
    Price
    
    
    Price
    
    
    RevenueYear
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    ($/bbl)
    
    
    ($/Mcf)
    
    
    ($/gal)
    
    
    (M$)2011
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.002012
    
    
    1.27
    
    
    
    38.70
    
    
    
    0.00
    
    
    
    0.38
    
    
    
    11.61
    
    
    
    0.00
    
    
    
    79.43
    
    
    
    3.39
    
    
    
    0.00
    
    
    
    69.602013
    
    
    40.45
    
    
    
    129.54
    
    
    
    0.00
    
    
    
    4.94
    
    
    
    29.20
    
    
    
    0.00
    
    
    
    76.01
    
    
    
    4.55
    
    
    
    0.00
    
    
    
    508.342014
    
    
    29.06
    
    
    
    90.20
    
    
    
    0.00
    
    
    
    3.53
    
    
    
    20.10
    
    
    
    0.00
    
    
    
    75.98
    
    
    
    4.60
    
    
    
    0.00
    
    
    
    360.732015
    
    
    20.55
    
    
    
    186.61
    
    
    
    0.00
    
    
    
    2.52
    
    
    
    24.10
    
    
    
    0.00
    
    
    
    76.03
    
    
    
    4.22
    
    
    
    0.00
    
    
    
    293.162016
    
    
    16.02
    
    
    
    559.63
    
    
    
    0.00
    
    
    
    1.98
    
    
    
    49.87
    
    
    
    0.00
    
    
    
    76.06
    
    
    
    3.90
    
    
    
    0.00
    
    
    
    344.642017
    
    
    13.11
    
    
    
    314.48
    
    
    
    0.00
    
    
    
    1.62
    
    
    
    30.46
    
    
    
    0.00
    
    
    
    76.09
    
    
    
    3.96
    
    
    
    0.00
    
    
    
    244.122018
    
    
    11.15
    
    
    
    210.70
    
    
    
    0.00
    
    
    
    1.39
    
    
    
    21.89
    
    
    
    0.00
    
    
    
    76.11
    
    
    
    4.00
    
    
    
    0.00
    
    
    
    192.942019
    
    
    9.70
    
    
    
    155.12
    
    
    
    0.00
    
    
    
    1.21
    
    
    
    17.10
    
    
    
    0.00
    
    
    
    76.13
    
    
    
    4.02
    
    
    
    0.00
    
    
    
    160.942020
    
    
    8.62
    
    
    
    121.36
    
    
    
    0.00
    
    
    
    1.08
    
    
    
    14.04
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.05
    
    
    
    0.00
    
    
    
    138.832021
    
    
    7.71
    
    
    
    98.15
    
    
    
    0.00
    
    
    
    0.96
    
    
    
    11.80
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.07
    
    
    
    0.00
    
    
    
    121.382022
    
    
    6.94
    
    
    
    81.76
    
    
    
    0.00
    
    
    
    0.87
    
    
    
    10.14
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.08
    
    
    
    0.00
    
    
    
    107.442023
    
    
    6.24
    
    
    
    69.43
    
    
    
    0.00
    
    
    
    0.78
    
    
    
    8.82
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.10
    
    
    
    0.00
    
    
    
    95.562024
    
    
    5.63
    
    
    
    59.96
    
    
    
    0.00
    
    
    
    0.70
    
    
    
    7.76
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.11
    
    
    
    0.00
    
    
    
    85.492025
    
    
    5.06
    
    
    
    51.84
    
    
    
    0.00
    
    
    
    0.63
    
    
    
    6.82
    
    
    
    0.00
    
    
    
    76.14
    
    
    
    4.12
    
    
    
    0.00
    
    
    
    76.19Rem
    
    
    17.95
    
    
    
    185.54
    
    
    
    0.00
    
    
    
    2.53
    
    
    
    34.65
    
    
    
    0.00
    
    
    
    76.78
    
    
    
    3.83
    
    
    
    0.00
    
    
    
    327.07Total
    
    
    199.47
    
    
    
    2,353.01
    
    
    
    0.00
    
    
    
    25.12
    
    
    
    298.36
    
    
    
    0.00
    
    
    
    76.18
    
    
    
    4.06
    
    
    
    0.00
    
    
    
    3,126.41Ult
    
    
    199.47
    
    
    
    2,353.01
    
    
    
    0.00
 Net Tax
    
    
    Net Tax
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Other
    
    
    Net
    
    
    Annual
    
    
    Cum Disc.Well
    
    
    Production
    
    
    AdValorem
    
    
    Investment
    
    
    Lease Costs
    
    
    Well Costs
    
    
    Costs
    
    
    Profits
    
    
    Cash Flow
    
    
    Cash FlowYear
    
    Count
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)2011
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.002012
    
    
    1.00
    
    
    
    5.37
    
    
    
    3.48
    
    
    
    67.13
    
    
    
    1.13
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    -7.50
    
    
    
    -7.152013
    
    
    2.00
    
    
    
    37.50
    
    
    
    16.25
    
    
    
    17.04
    
    
    
    24.04
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    413.51
    
    
    
    314.322014
    
    
    2.00
    
    
    
    26.59
    
    
    
    11.43
    
    
    
    0.00
    
    
    
    28.18
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    294.54
    
    
    
    522.962015
    
    
    3.00
    
    
    
    21.90
    
    
    
    9.19
    
    
    
    45.00
    
    
    
    28.85
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    188.21
    
    
    
    643.792016
    
    
    3.00
    
    
    
    26.57
    
    
    
    10.16
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    275.21
    
    
    
    803.612017
    
    
    3.00
    
    
    
    18.63
    
    
    
    7.42
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    185.37
    
    
    
    900.922018
    
    
    3.00
    
    
    
    14.64
    
    
    
    5.98
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    139.63
    
    
    
    967.232019
    
    
    3.00
    
    
    
    12.17
    
    
    
    5.05
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    111.02
    
    
    
    1,014.942020
    
    
    3.00
    
    
    
    10.47
    
    
    
    4.40
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    91.26
    
    
    
    1,050.442021
    
    
    3.00
    
    
    
    9.13
    
    
    
    3.87
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    75.68
    
    
    
    1,077.082022
    
    
    3.00
    
    
    
    8.07
    
    
    
    3.44
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    63.23
    
    
    
    1,097.232023
    
    
    3.00
    
    
    
    7.17
    
    
    
    3.07
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    52.63
    
    
    
    1,112.422024
    
    
    3.00
    
    
    
    6.41
    
    
    
    2.75
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    43.64
    
    
    
    1,123.812025
    
    
    3.00
    
    
    
    5.71
    
    
    
    2.45
    
    
    
    0.00
    
    
    
    32.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    35.33
    
    
    
    1,132.17Rem.
    
    
    
    
    
    
    24.65
    
    
    
    12.20
    
    
    
    0.00
    
    
    
    172.48
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    117.74
    
    
    
    19.28Total
    
    
    
    
    
    
    235.00
    
    
    
    101.12
    
    
    
    129.17
    
    
    
    581.63
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,079.49
    
    
    
    1,151.44
 Present Worth Profile (M$)PW
    
    
    5.00%:
    
    
    
    1,520.29Disc. Initial Invest. (M$):
    
    
    70.594
    
    
    PW
    
    
    8.00%:
    
    
    
    1,282.23ROInvestment (disc/undisc):
    
    
    17.31 / 25.71
    
    
    PW
    
    
    10.00%:
    
    
    
    1,151.44Years to Payout:
    
    
    2.17
    
    
    PW
    
    
    12.00%:
    
    
    
    1,038.30Internal ROR (%):
    
    
    400.60
    
    
    PW
    
    
    15.00%:
    
    
    
    895.19PW
    
    
    20.00%:
    
    
    
    709.96
 TRC Eco DetailedNGL.rpt
    
    Page: 3




---



##### 



Date:03/09/2011 11:16:30 AM
    
    ECONOMIC SUMMARY PROJECTION
 Project Name:
    
    FieldPoint Petroleum Corporation
    
    As Of Date: 01/01/2011
    
    Proved Rsv ClassPartner:
    
    All Cases
    
    Discount Rate (%): 10.00
    
    Shut-In Rsv CategoryCase Type:
    
    REPORT BREAK TOTAL CASE
    
    Custom SelectionCum Oil (Mbbl):
    
    827.84Cum Gas (MMcf):
    
    1,056.67Cum NGL (Mgal):
    
    0.00
 Gross
    
    
    Gross
    
    
    Gross
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    TotalOil
    
    
    Gas
    
    
    NGL
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    Price
    
    
    Price
    
    
    Price
    
    
    RevenueYear
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    ($/bbl)
    
    
    ($/Mcf)
    
    
    ($/gal)
    
    
    (M$)2011
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Rem
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Total
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Ult
    
    
    827.84
    
    
    
    1,056.67
    
    
    
    0.00
 Net Tax
    
    
    Net Tax
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Other
    
    
    Net
    
    
    Annual
    
    
    Cum Disc.Well
    
    
    Production
    
    
    AdValorem
    
    
    Investment
    
    
    Lease Costs
    
    
    Well Costs
    
    
    Costs
    
    
    Profits
    
    
    Cash Flow
    
    
    Cash FlowYear
    
    Count
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)2011
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Rem.
    
    
    
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Total
    
    
    
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
 Present Worth Profile (M$)PW
    
    
    5.00%:
    
    
    
    0.00Disc. Initial Invest. (M$):
    
    
    0.000
    
    
    PW
    
    
    8.00%:
    
    
    
    0.00ROInvestment (disc/undisc):
    
    
    0.00 / 0.00
    
    
    PW
    
    
    10.00%:
    
    
    
    0.00Years to Payout:
    
    
    0.00
    
    
    PW
    
    
    12.00%:
    
    
    
    0.00Internal ROR (%):
    
    
    0.00
    
    
    PW
    
    
    15.00%:
    
    
    
    0.00PW
    
    
    20.00%:
    
    
    
    0.00
 TRC Eco DetailedNGL.rpt
    
    Page: 4




---



##### 



Date:03/09/2011 11:16:30 AM
    
    ECONOMIC SUMMARY PROJECTION
 Project Name:
    
    FieldPoint Petroleum Corporation
    
    As Of Date: 01/01/2011
    
    Proved Rsv ClassPartner:
    
    All Cases
    
    Discount Rate (%): 10.00
    
    Undeveloped Rsv CategoryCase Type:
    
    REPORT BREAK TOTAL CASE
    
    Custom SelectionCum Oil (Mbbl):
    
    0.00Cum Gas (MMcf):
    
    0.00Cum NGL (Mgal):
    
    0.00
 Gross
    
    
    Gross
    
    
    Gross
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    TotalOil
    
    
    Gas
    
    
    NGL
    
    
    Oil
    
    
    Gas
    
    
    NGL
    
    
    Price
    
    
    Price
    
    
    Price
    
    
    RevenueYear
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (Mgal)
    
    
    ($/bbl)
    
    
    ($/Mcf)
    
    
    ($/gal)
    
    
    (M$)2011
    
    
    113.15
    
    
    
    194.55
    
    
    
    0.00
    
    
    
    39.89
    
    
    
    68.51
    
    
    
    0.00
    
    
    
    74.58
    
    
    
    4.38
    
    
    
    0.00
    
    
    
    3,274.682012
    
    
    83.33
    
    
    
    148.42
    
    
    
    0.00
    
    
    
    26.96
    
    
    
    45.33
    
    
    
    0.00
    
    
    
    74.62
    
    
    
    4.33
    
    
    
    0.00
    
    
    
    2,207.792013
    
    
    140.07
    
    
    
    243.94
    
    
    
    0.00
    
    
    
    35.59
    
    
    
    58.52
    
    
    
    0.00
    
    
    
    76.64
    
    
    
    4.66
    
    
    
    0.00
    
    
    
    3,000.062014
    
    
    112.76
    
    
    
    192.60
    
    
    
    0.00
    
    
    
    27.22
    
    
    
    43.97
    
    
    
    0.00
    
    
    
    76.57
    
    
    
    4.81
    
    
    
    0.00
    
    
    
    2,295.682015
    
    
    85.09
    
    
    
    147.07
    
    
    
    0.00
    
    
    
    20.87
    
    
    
    33.52
    
    
    
    0.00
    
    
    
    76.51
    
    
    
    4.74
    
    
    
    0.00
    
    
    
    1,755.832016
    
    
    68.37
    
    
    
    119.21
    
    
    
    0.00
    
    
    
    16.83
    
    
    
    26.86
    
    
    
    0.00
    
    
    
    76.43
    
    
    
    4.71
    
    
    
    0.00
    
    
    
    1,412.522017
    
    
    56.69
    
    
    
    99.57
    
    
    
    0.00
    
    
    
    13.92
    
    
    
    22.09
    
    
    
    0.00
    
    
    
    76.34
    
    
    
    4.69
    
    
    
    0.00
    
    
    
    1,166.402018
    
    
    48.23
    
    
    
    85.29
    
    
    
    0.00
    
    
    
    11.77
    
    
    
    18.57
    
    
    
    0.00
    
    
    
    76.25
    
    
    
    4.68
    
    
    
    0.00
    
    
    
    984.372019
    
    
    44.83
    
    
    
    83.57
    
    
    
    0.00
    
    
    
    10.38
    
    
    
    16.75
    
    
    
    0.00
    
    
    
    76.25
    
    
    
    4.60
    
    
    
    0.00
    
    
    
    868.702020
    
    
    43.78
    
    
    
    87.00
    
    
    
    0.00
    
    
    
    9.44
    
    
    
    15.77
    
    
    
    0.00
    
    
    
    76.30
    
    
    
    4.49
    
    
    
    0.00
    
    
    
    790.922021
    
    
    37.65
    
    
    
    74.32
    
    
    
    0.00
    
    
    
    8.10
    
    
    
    13.37
    
    
    
    0.00
    
    
    
    76.24
    
    
    
    4.51
    
    
    
    0.00
    
    
    
    677.652022
    
    
    33.11
    
    
    
    65.32
    
    
    
    0.00
    
    
    
    7.05
    
    
    
    11.55
    
    
    
    0.00
    
    
    
    76.19
    
    
    
    4.52
    
    
    
    0.00
    
    
    
    589.412023
    
    
    29.41
    
    
    
    58.13
    
    
    
    0.00
    
    
    
    6.18
    
    
    
    10.07
    
    
    
    0.00
    
    
    
    76.16
    
    
    
    4.52
    
    
    
    0.00
    
    
    
    516.392024
    
    
    25.00
    
    
    
    49.96
    
    
    
    0.00
    
    
    
    4.97
    
    
    
    8.01
    
    
    
    0.00
    
    
    
    76.29
    
    
    
    4.53
    
    
    
    0.00
    
    
    
    415.692025
    
    
    21.51
    
    
    
    43.43
    
    
    
    0.00
    
    
    
    4.06
    
    
    
    6.48
    
    
    
    0.00
    
    
    
    76.41
    
    
    
    4.54
    
    
    
    0.00
    
    
    
    339.74Rem
    
    
    172.45
    
    
    
    373.13
    
    
    
    0.00
    
    
    
    26.39
    
    
    
    46.33
    
    
    
    0.00
    
    
    
    76.66
    
    
    
    4.09
    
    
    
    0.00
    
    
    
    2,212.68Total
    
    
    1,115.43
    
    
    
    2,065.52
    
    
    
    0.00
    
    
    
    269.62
    
    
    
    445.68
    
    
    
    0.00
    
    
    
    76.00
    
    
    
    4.53
    
    
    
    0.00
    
    
    
    22,508.53Ult
    
    
    1,115.43
    
    
    
    2,065.52
    
    
    
    0.00
 Net Tax
    
    
    Net Tax
    
    
    Net
    
    
    Net
    
    
    Net
    
    
    Other
    
    
    Net
    
    
    Annual
    
    
    Cum Disc.Well
    
    
    Production
    
    
    AdValorem
    
    
    Investment
    
    
    Lease Costs
    
    
    Well Costs
    
    
    Costs
    
    
    Profits
    
    
    Cash Flow
    
    
    Cash FlowYear
    
    Count
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)2011
    
    
    3.00
    
    
    
    235.16
    
    
    
    163.40
    
    
    
    3,995.20
    
    
    
    96.46
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    -1,215.54
    
    
    
    -1,302.012012
    
    
    5.00
    
    
    
    156.75
    
    
    
    106.18
    
    
    
    1,799.00
    
    
    
    160.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    -14.14
    
    
    
    -1,281.062013
    
    
    8.00
    
    
    
    211.95
    
    
    
    105.52
    
    
    
    340.80
    
    
    
    217.01
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,124.77
    
    
    
    371.092014
    
    
    8.00
    
    
    
    162.16
    
    
    
    79.08
    
    
    
    0.00
    
    
    
    227.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,827.09
    
    
    
    1,664.422015
    
    
    8.00
    
    
    
    123.74
    
    
    
    60.64
    
    
    
    0.00
    
    
    
    227.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,344.10
    
    
    
    2,525.312016
    
    
    8.00
    
    
    
    99.32
    
    
    
    48.95
    
    
    
    0.00
    
    
    
    227.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,036.91
    
    
    
    3,126.292017
    
    
    8.00
    
    
    
    81.83
    
    
    
    40.57
    
    
    
    0.00
    
    
    
    227.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    816.66
    
    
    
    3,554.642018
    
    
    8.00
    
    
    
    68.89
    
    
    
    34.31
    
    
    
    0.00
    
    
    
    227.35
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    653.82
    
    
    
    3,865.072019
    
    
    9.00
    
    
    
    60.05
    
    
    
    29.96
    
    
    
    150.00
    
    
    
    229.70
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    398.98
    
    
    
    4,036.312020
    
    
    9.00
    
    
    
    53.73
    
    
    
    26.80
    
    
    
    0.00
    
    
    
    234.36
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    476.04
    
    
    
    4,221.552021
    
    
    9.00
    
    
    
    46.04
    
    
    
    22.90
    
    
    
    0.00
    
    
    
    234.36
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    374.36
    
    
    
    4,353.392022
    
    
    9.00
    
    
    
    39.97
    
    
    
    19.80
    
    
    
    0.00
    
    
    
    234.36
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    295.29
    
    
    
    4,447.542023
    
    
    9.00
    
    
    
    34.93
    
    
    
    17.21
    
    
    
    0.00
    
    
    
    234.36
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    229.89
    
    
    
    4,513.892024
    
    
    9.00
    
    
    
    27.86
    
    
    
    13.05
    
    
    
    0.00
    
    
    
    197.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    177.79
    
    
    
    4,560.352025
    
    
    8.00
    
    
    
    22.55
    
    
    
    10.03
    
    
    
    0.00
    
    
    
    168.73
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    138.43
    
    
    
    4,593.08Rem.
    
    
    
    
    
    
    138.95
    
    
    
    63.94
    
    
    
    0.00
    
    
    
    3,055.23
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    -1,045.45
    
    
    
    -0.01Total
    
    
    
    
    
    
    1,563.89
    
    
    
    842.35
    
    
    
    6,285.00
    
    
    
    6,198.30
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    7,618.99
    
    
    
    4,593.07
 Present Worth Profile (M$)PW
    
    
    5.00%:
    
    
    
    6,154.44Disc. Initial Invest. (M$):
    
    
    3,854.751
    
    
    PW
    
    
    8.00%:
    
    
    
    5,181.40ROInvestment (disc/undisc):
    
    
    2.19/2.95
    
    
    PW
    
    
    10.00%:
    
    
    
    4,593.07Years to Payout:
    
    
    2.62
    
    
    PW
    
    
    12.00%:
    
    
    
    4,060.79Internal ROR (%):
    
    
    45.33
    
    
    PW
    
    
    15.00%:
    
    
    
    3,362.30PW
    
    
    20.00%:
    
    
    
    2,423.34
 TRC Eco DetailedNGL.rpt
    
    Page: 5




---



##### 



 One-Line Summary 
 Sort by
Reserve Category & Lease Name




---



##### 



3/9/2011
    
    11:19:43 AM
 Economic
One-Liners
As of Date: 1/1/2011
 Project
Name:
    
    FieldPoint Petroleum
CorporationOwnership
Group:
    
    All Cases
 Net Reserves
    
    
    Net RevenueOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    Expense
    
    
    
    
    
    
    Cash FlowLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    &Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked /UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    
    (years)Proved Rsv Class
    
    Total
    
    
    972.13
    
    
    
    2,118.07
    
    
    
    72,940.39
    
    
    
    9,040.45
    
    
    
    0.00
    
    
    
    37,341.93
    
    
    
    6,414.17
    
    
    
    38,224.75
    
    
    
    20,490.86
    
    
    
    50.00Proved Rsv ClassProducing Rsv Category
    
    Total
    
    
    677.39
    
    
    
    1,374.03
    
    
    
    50,535.14
    
    
    
    5,810.76
    
    
    
    0.00
    
    
    
    27,819.64
    
    
    
    0.00
    
    
    
    28,526.26
    
    
    
    14,746.34
    
    
    
    50.00APACHE BROMIDE SAND UNIT
    
    P-DP
    
    
    123.67
    
    
    
    0.00
    
    
    
    9,429.59
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    6,433.69
    
    
    
    0.00
    
    
    
    2,995.90
    
    
    
    1,950.01
    
    
    
    15.82ARROWHEAD #1-49
    
    P-DP
    
    
    10.15
    
    
    
    0.00
    
    
    
    774.07
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    465.42
    
    
    
    0.00
    
    
    
    308.64
    
    
    
    238.75
    
    
    
    9.18BUCHANAN -L- 0 - 0
    
    P-DP
    
    
    2.90
    
    
    
    15.50
    
    
    
    224.44
    
    
    
    52.09
    
    
    
    0.00
    
    
    
    190.81
    
    
    
    0.00
    
    
    
    85.72
    
    
    
    58.37
    
    
    
    13.91BUCHANAN M 1 - 1
    
    P-DP
    
    
    1.15
    
    
    
    6.09
    
    
    
    90.18
    
    
    
    20.53
    
    
    
    0.00
    
    
    
    70.32
    
    
    
    0.00
    
    
    
    40.38
    
    
    
    31.42
    
    
    
    8.84BUCHANAN P 1 - 1
    
    P-DP
    
    
    0.70
    
    
    
    2.09
    
    
    
    54.16
    
    
    
    6.99
    
    
    
    0.00
    
    
    
    28.66
    
    
    
    0.00
    
    
    
    32.49
    
    
    
    27.72
    
    
    
    5.81CARLESTON 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00CARLESTON, HERBERT 3 - 3
    
    P-DP
    
    
    1.02
    
    
    
    6.25
    
    
    
    76.94
    
    
    
    32.35
    
    
    
    0.00
    
    
    
    77.78
    
    
    
    0.00
    
    
    
    31.50
    
    
    
    26.65
    
    
    
    5.59CHMELAR, EUGENE -A- 1 L
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00CLEMMONS SUNBURST FEDERAL
    
    P-DP
    
    
    3.63
    
    
    
    11.10
    
    
    
    275.40
    
    
    
    55.94
    
    
    
    0.00
    
    
    
    195.26
    
    
    
    0.00
    
    
    
    136.08
    
    
    
    108.42
    
    
    
    8.12CRONOS FEE 001 -001
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00ELKHORN 14 - 14
    
    P-DP
    
    
    3.10
    
    
    
    0.00
    
    
    
    217.09
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    140.80
    
    
    
    0.00
    
    
    
    76.29
    
    
    
    57.84
    
    
    
    9.80ELKHORN A ST 015658A 15 - 15
    
    P-DP
    
    
    6.81
    
    
    
    0.00
    
    
    
    477.25
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    360.81
    
    
    
    0.00
    
    
    
    116.44
    
    
    
    78.48
    
    
    
    14.05FIELDS 4- 1 - 4- 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HERMES FEE 001 - 001
    
    P-DP
    
    
    0.00
    
    
    
    5.32
    
    
    
    0.00
    
    
    
    18.99
    
    
    
    0.00
    
    
    
    10.57
    
    
    
    0.00
    
    
    
    8.42
    
    
    
    6.97
    
    
    
    6.71HERN 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HOSS 7800 RA SUA;CUSHMAN 001 -
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HOSS RA SUH;CUSHMAN 002 - 002
    
    P-DP
    
    
    0.41
    
    
    
    67.96
    
    
    
    32.35
    
    
    
    294.25
    
    
    
    0.00
    
    
    
    122.19
    
    
    
    0.00
    
    
    
    204.40
    
    
    
    136.30
    
    
    
    17.12JENNINGS FEDERAL 001-001
    
    P-DP
    
    
    130.38
    
    
    
    114.08
    
    
    
    9,954.72
    
    
    
    531.64
    
    
    
    0.00
    
    
    
    3,447.71
    
    
    
    0.00
    
    
    
    7,038.64
    
    
    
    2,924.37
    
    
    
    47.61KASPER 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00KINNEY ST #38
    
    P-DP
    
    
    89.59
    
    
    
    0.00
    
    
    
    6,274.03
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,401.57
    
    
    
    0.00
    
    
    
    3,872.46
    
    
    
    1,377.13
    
    
    
    50.00KINNEY ST #38
    
    P-DP
    
    
    6.30
    
    
    
    0.00
    
    
    
    441.22
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    187.03
    
    
    
    0.00
    
    
    
    254.19
    
    
    
    159.68
    
    
    
    19.48KORCZAK FED. #01
    
    P-DP
    
    
    14.91
    
    
    
    20.01
    
    
    
    1,123.98
    
    
    
    188.92
    
    
    
    0.00
    
    
    
    522.72
    
    
    
    0.00
    
    
    
    790.18
    
    
    
    567.90
    
    
    
    15.92LORENZ 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MARQUIS #7 7 - 7
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MCCLINTIC -A- 1 - 1
    
    P-DP
    
    
    6.21
    
    
    
    7.45
    
    
    
    480.75
    
    
    
    27.13
    
    
    
    0.00
    
    
    
    135.00
    
    
    
    0.00
    
    
    
    372.88
    
    
    
    126.92
    
    
    
    50.00MENZEL 1 - 1
    
    P-DP
    
    
    5.48
    
    
    
    0.00
    
    
    
    413.74
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    140.78
    
    
    
    0.00
    
    
    
    272.97
    
    
    
    140.32
    
    
    
    31.87MERCURY FEE 001 - 001
    
    P-DP
    
    
    0.00
    
    
    
    10.48
    
    
    
    0.00
    
    
    
    38.88
    
    
    
    0.00
    
    
    
    26.03
    
    
    
    0.00
    
    
    
    12.85
    
    
    
    11.20
    
    
    
    4.85MERSIOVSKY 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-LORENZ 4 - 4
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-MARQUIS A 3 - 3
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-MARQUIS B 4 - 4
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-VAHRENKAMP 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
 TRC Eco One Liner 2.rpt
    
    1




---



##### 



3/9/2011
    
    11:19:43 AM
 Economic
One-LinersAs of Date: 1/1/2011
 Project
Name:
    
    FieldPoint Petroleum
CorporationOwnership
Group:
    
    All Cases
 Net Reserves
    
    
    Net RevenueOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    Expense
    
    
    
    
    
    
    Cash FlowLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked /UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    

(M$)
    
    
    (year)MOERBE 5 - 5
    
    P-DP
    
    
    0.61
    
    
    
    6.74
    
    
    
    45.84
    
    
    
    48.60
    
    
    
    0.00
    
    
    
    56.77
    
    
    
    0.00
    
    
    
    37.67
    
    
    
    27.04
    
    
    
    12.17MOERBE, VICTOR #1 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MOERBE, VICTOR 3 - 3
    
    P-DP
    
    
    0.25
    
    
    
    2.23
    
    
    
    18.94
    
    
    
    14.75
    
    
    
    0.00
    
    
    
    28.44
    
    
    
    0.00
    
    
    
    5.25
    
    
    
    4.71
    
    
    
    3.42NITSCHE, R.J. 1 - 1
    
    P-DP
    
    
    3.09
    
    
    
    2.72
    
    
    
    231.31
    
    
    
    25.02
    
    
    
    0.00
    
    
    
    183.79
    
    
    
    0.00
    
    
    
    72.54
    
    
    
    49.63
    
    
    
    13.57NORTH AMERICAN WEISE 1 - 1
    
    P-DP
    
    
    0.12
    
    
    
    0.49
    
    
    
    8.93
    
    
    
    2.90
    
    
    
    0.00
    
    
    
    9.48
    
    
    
    0.00
    
    
    
    2.35
    
    
    
    2.21
    
    
    
    1.88NORTH
BILBREY 7 FEDERAL 001 - [ILLEGIBLE]
    
    P-DP
    
    
    0.03
    
    
    
    351.84
    
    
    
    0.65
    
    
    
    1,069.59
    
    
    
    0.00
    
    
    
    477.34
    
    
    
    0.00
    
    
    
    592.90
    
    
    
    303.59
    
    
    
    30.25NORTH BLOCK 12 UNIT
    
    P-DP
    
    
    135.92
    
    
    
    0.00
    
    
    
    10,096.37
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    5,114.32
    
    
    
    0.00
    
    
    
    4,982.05
    
    
    
    2,662.72
    
    
    
    26.57PETERS #5
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00PETERS C 9 - 9
    
    P-DP
    
    
    0.08
    
    
    
    0.41
    
    
    
    5.97
    
    
    
    1.79
    
    
    
    0.00
    
    
    
    6.93
    
    
    
    0.00
    
    
    
    0.83
    
    
    
    0.79
    
    
    
    1.47PETERS 8 - 8
    
    P-DP
    
    
    1.87
    
    
    
    6.20
    
    
    
    142.72
    
    
    
    59.48
    
    
    
    0.00
    
    
    
    93.78
    
    
    
    0.00
    
    
    
    108.41
    
    
    
    84.28
    
    
    
    9.54QUINOCO SULIMAR 001 - 001
    
    P-DP
    
    
    44.52
    
    
    
    0.00
    
    
    
    3,262.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,300.30
    
    
    
    0.00
    
    
    
    1,961.70
    
    
    
    1,036.02
    
    
    
    29.29RUSH SPRINGS MEDRANO UNIT
    
    P-DP
    
    
    38.12
    
    
    
    3.23
    
    
    
    2,968.57
    
    
    
    22.28
    
    
    
    0.00
    
    
    
    1,968.44
    
    
    
    0.00
    
    
    
    1,022.41
    
    
    
    827.12
    
    
    
    7.34S & M ENERGY-LORENZ 3 - 3
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-MARQUIS 6 - 6
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-MOERBE 2 - 2
    
    P-DP
    
    
    0.51
    
    
    
    2.37
    
    
    
    38.17
    
    
    
    13.79
    
    
    
    0.00
    
    
    
    29.64
    
    
    
    0.00
    
    
    
    22.32
    
    
    
    18.42
    
    
    
    6.80S & M ENERGY-PETERS B 7
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY -E- [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSYA 1 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY B 2 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY C 4 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY D 5 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-HERBERT STUESSY [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-HERBERT STUESSY [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-PETERS A
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-SPRETZ 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-SPRETZ A 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SCOTT PETROLEUM-PETERS A 6 - 6
    
    P-DP
    
    
    0.10
    
    
    
    0.62
    
    
    
    7.94
    
    
    
    4.95
    
    
    
    0.00
    
    
    
    12.16
    
    
    
    0.00
    
    
    
    0.73
    
    
    
    0.70
    
    
    
    1.01SHADE 0 - 0
    
    P-DP
    
    
    20.92
    
    
    
    113.59
    
    
    
    1,503.62
    
    
    
    853.03
    
    
    
    0.00
    
    
    
    1,573.12
    
    
    
    0.00
    
    
    
    783.53
    
    
    
    503.34
    
    
    
    16.55SHEARN FEDERAL 003 - 003
    
    P-DP
    
    
    6.62
    
    
    
    0.00
    
    
    
    493.67
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    221.17
    
    
    
    0.00
    
    
    
    272.50
    
    
    
    238.92
    
    
    
    4.84SOUTH VACUUM 221 - 221
    
    P-DP
    
    
    0.00
    
    
    
    0.19
    
    
    
    0.00
    
    
    
    0.64
    
    
    
    0.00
    
    
    
    0.61
    
    
    
    0.00
    
    
    
    0.04
    
    
    
    0.04
    
    
    
    0.16SOUTH VACUUM 275 - 275
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SOUTH VACUUM UNIT 353 - 353
    
    P-DP
    
    
    0.00
    
    
    
    584.38
    
    
    
    0.00
    
    
    
    2,284.93
    
    
    
    0.00
    
    
    
    595.38
    
    
    
    0.00
    
    
    
    1,689.55
    
    
    
    702.46
    
    
    
    49.00STATE OF TEXAS -Z- 0 - 0
    
    P-DP
    
    
    10.96
    
    
    
    0.00
    
    
    
    843.44
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    716.79
    
    
    
    0.00
    
    
    
    126.66
    
    
    
    108.72
    
    
    
    4.83STAUSS 1 - 1
    
    P-DP
    
    
    0.01
    
    
    
    9.20
    
    
    
    0.50
    
    
    
    36.16
    
    
    
    0.00
    
    
    
    25.52
    
    
    
    0.00
    
    
    
    11.13
    
    
    
    9.99
    
    
    
    3.98STEGLICH 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00STEINBACH 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00STEINBACH ET AL 1 - 1
    
    P-DP
    
    
    1.31
    
    
    
    7.50
    
    
    
    98.24
    
    
    
    13.27
    
    
    
    0.00
    
    
    
    56.43
    
    
    
    0.00
    
    
    
    55.09
    
    
    
    37.58
    
    
    
    14.82
 TRC Eco One Liner 2.rpt
    
    2




---



##### 



3/9/2011
    
    11:19:43 AM
 Economic One-LinersAs of Date: 1/1/2011
 Project
Name :
    
    FieldPoint Petroleum
CorporationOwnership Group :
    
    All Cases
 Net Reserves
    
    
    Net RevenueOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    Expense
    
    
    
    
    
    
    Cash FlowLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked / UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)SUNBURST SPENCE FEDERAL 002-
    
    P-DP
    
    
    0.80
    
    
    
    5.76
    
    
    
    59.26
    
    
    
    29.24
    
    
    
    0.00
    
    
    
    69.48
    
    
    
    0.00
    
    
    
    19.02
    
    
    
    16.42
    
    
    
    4.77URBAN #2 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00URBAN #3 3 - 3
    
    P-DP
    
    
    1.77
    
    
    
    8.66
    
    
    
    137.90
    
    
    
    50.92
    
    
    
    0.00
    
    
    
    128.57
    
    
    
    0.00
    
    
    
    60.25
    
    
    
    42.63
    
    
    
    12.39URBAN 1 - 1
    
    P-DP
    
    
    0.28
    
    
    
    1.59
    
    
    
    20.59
    
    
    
    11.73
    
    
    
    0.00
    
    
    
    21.47
    
    
    
    0.00
    
    
    
    10.85
    
    
    
    8.90
    
    
    
    6.77WACHSMANN 1 - 1
    
    P-DP
    
    
    1.12
    
    
    
    0.00
    
    
    
    86.81
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    65.87
    
    
    
    0.00
    
    
    
    20.94
    
    
    
    16.13
    
    
    
    8.88WHISLER W-0321205A 2 - 2
    
    P-DP
    
    
    1.95
    
    
    
    0.00
    
    
    
    123.80
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    106.68
    
    
    
    0.00
    
    
    
    17.12
    
    
    
    15.53
    
    
    
    3.05WHISTLER 42-35 - 42-35
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00WILLIAMS, MARY ISABELLA 6A - 6
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Proved Rsv ClassBehind Pipe Rsv Category
    
    Total
    
    
    25.12
    
    
    
    298.36
    
    
    
    1,913.97
    
    
    
    1,212.44
    
    
    
    0.00
    
    
    
    917.75
    
    
    
    129.17
    
    
    
    2,079.49
    
    
    
    1,151.44
    
    
    
    30.98KORCZAK FED. #01
    
    P-BP
    
    
    20.10
    
    
    
    26.97
    
    
    
    1,514.85
    
    
    
    254.62
    
    
    
    0.00
    
    
    
    595.06
    
    
    
    17.04
    
    
    
    1,157.37
    
    
    
    690.38
    
    
    
    19.21MERCURY FEE #01
    
    P-BP
    
    
    0.00
    
    
    
    118.19
    
    
    
    0.00
    
    
    
    438.48
    
    
    
    0.00
    
    
    
    107.02
    
    
    
    45.00
    
    
    
    286.47
    
    
    
    139.48
    
    
    
    18.16SOUTH VACUUM 221-221
    
    P-BP
    
    
    5.02
    
    
    
    153.20
    
    
    
    399.12
    
    
    
    519.33
    
    
    
    0.00
    
    
    
    215.67
    
    
    
    67.13
    
    
    
    635.66
    
    
    
    321.58
    
    
    
    30.98Proved Rsv ClassNon-Producing Rsv CategoryBASS PETROLEUM-PETERS
    
    P-NP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Proved Rsv ClassShut-In Rsv Category
    
    Total
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00DROEMER #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00DROEMER #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00FISCHER #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HAMFF #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HOUSTON, VICTOR -A- #10A
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HOUSTON, VICTOR #1A
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00KORCZAK FED. #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MARQUIS #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MARQUIS -A- #05
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MERSLOVSKY #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILLER #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00NITSCHE, R.J. #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SOUTH VACUUM UNIT 352 - 352
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00Proved Rsv ClassUndeveloped Rsv Category
    
    Total
    
    
    269.62
    
    
    
    445.68
    
    
    
    20,491.28
    
    
    
    2,017.25
    
    
    
    0.00
    
    
    
    8,604.54
    
    
    
    6,285.00
    
    
    
    7,618.99
    
    
    
    4,593.07
    
    
    
    50.00BUCHANAN -L- PUD #01
    
    P-UD
    
    
    7.62
    
    
    
    22.65
    
    
    
    590.61
    
    
    
    76.09
    
    
    
    0.00
    
    
    
    642.23
    
    
    
    150.00
    
    
    
    -125.54
    
    
    
    20.62
    
    
    
    50.00
 TRC Eco One Liner 2.rpt
    
    3




---



##### 



3/9/2011
    
    11:19:43 AM
 Economic One-Liners
As of Date: 1/1/2011
 Project
Name:
    
    FieldPoint Petroleum
CorporationOwnership
Group:
    
    All Cases
 Net Reserves
    
    
    Net RevenueOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    Expense
    
    
    
    
    
    
    Cash FlowLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked /UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)BUCHANAN -M- PUD #01
    
    P-UD
    
    
    6.71
    
    
    
    19.92
    
    
    
    526.18
    
    
    
    67.12
    
    
    
    0.00
    
    
    
    212.43
    
    
    
    150.00
    
    
    
    230.87
    
    
    
    66.61
    
    
    
    26.02BUCHANAN -M- PUD #02
    
    P-UD
    
    
    6.71
    
    
    
    19.92
    
    
    
    526.18
    
    
    
    67.12
    
    
    
    0.00
    
    
    
    212.37
    
    
    
    150.00
    
    
    
    230.93
    
    
    
    34.32
    
    
    
    32.68East Lusk l Fed #lH - 1H
    
    P-UD
    
    
    70.90
    
    
    
    121.76
    
    
    
    5,287.11
    
    
    
    533.32
    
    
    
    0.00
    
    
    
    3,484.08
    
    
    
    1,958.60
    
    
    
    377.75
    
    
    
    1,047.16
    
    
    
    42.49East Lusk l Fed #2H - 1H
    
    P-UD
    
    
    65.35
    
    
    
    112.23
    
    
    
    4,873.31
    
    
    
    491.58
    
    
    
    0.00
    
    
    
    1,513.54
    
    
    
    1,958.60
    
    
    
    1,892.75
    
    
    
    1,131.74
    
    
    
    13.43FLYING M SOUTH (ABO) PUD #01
    
    P-UD
    
    
    63.44
    
    
    
    105.94
    
    
    
    5,038.66
    
    
    
    464.00
    
    
    
    0.00
    
    
    
    934.13
    
    
    
    1,099.00
    
    
    
    3,469.53
    
    
    
    1,739.12
    
    
    
    26.47KORCZAK FED. PUD #1
    
    P-UD
    
    
    20.09
    
    
    
    26.97
    
    
    
    1,514.56
    
    
    
    254.57
    
    
    
    0.00
    
    
    
    595.02
    
    
    
    340.80
    
    
    
    833.31
    
    
    
    414.03
    
    
    
    19.46MCCLINTIC -A- PUD #01
    
    P-UD
    
    
    5.98
    
    
    
    10.76
    
    
    
    462.70
    
    
    
    39.16
    
    
    
    0.00
    
    
    
    133.46
    
    
    
    78.00
    
    
    
    290.40
    
    
    
    66.85
    
    
    
    50.00QUINOCO SULIMAR PUD #01
    
    P-UD
    
    
    22.82
    
    
    
    5.55
    
    
    
    1,671.99
    
    
    
    24.29
    
    
    
    0.00
    
    
    
    877.28
    
    
    
    400.00
    
    
    
    419.00
    
    
    
    72.61
    
    
    
    22.61Proved Rsv ClassP&A Rsv CategoryMCCLINTIC, C. A., A-31 2 - 2
    
    P-PA
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
 TRC Eco One Liner 2.rpt
    
    4




---



##### 



 One-Line Summary 
 
Sort by
Field




---



##### 



Economic One-Liners
As of Date: 1/1/2011
 Project Name:
    
    FieldPoint Petroleum CorporationOwnership Group:
    
    All Cases
 Net Reserves
    
    
    Net Revenue
    
    
    
    
    
    
    
    
    
    
    Cash FlowOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    ExpenseLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked / UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)Grand Total
    
    Total
    
    
    972.13
    
    
    
    2,118.07
    
    
    
    72,940.39
    
    
    
    9,040.45
    
    
    
    0.00
    
    
    
    37,341.93
    
    
    
    6,414.17
    
    
    
    38,224.75
    
    
    
    20,490.86
    
    
    
    50.00APACHE FieldAPACHE BROMIDE SAND UNIT
    
    P-DP
    
    
    123.67
    
    
    
    0.00
    
    
    
    9,429.59
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    6,433.69
    
    
    
    0.00
    
    
    
    2,995.90
    
    
    
    1,950.01
    
    
    
    15.82BIG MUDDY Field
    
    Total
    
    
    9.91
    
    
    
    0.00
    
    
    
    694.34
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    501.61
    
    
    
    0.00
    
    
    
    192.73
    
    
    
    136.32
    
    
    
    14.05ELKHORN 14 - 14
    
    P-DP
    
    
    3.10
    
    
    
    0.00
    
    
    
    217.09
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    140.80
    
    
    
    0.00
    
    
    
    76.29
    
    
    
    57.84
    
    
    
    9.80ELKHORN A ST 015658A 15 - 15
    
    P-DP
    
    
    6.81
    
    
    
    0.00
    
    
    
    477.25
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    360.81
    
    
    
    0.00
    
    
    
    116.44
    
    
    
    78.48
    
    
    
    14.05BIG MUDDY (DAKOTA) FieldKINNEY ST #38
    
    P-DP
    
    
    89.59
    
    
    
    0.00
    
    
    
    6,274.03
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    2,401.57
    
    
    
    0.00
    
    
    
    3,872.46
    
    
    
    1,377.13
    
    
    
    50.00BIG MUDDY (WALL CREEK) FieldKINNEY ST #38
    
    P-DP
    
    
    6.30
    
    
    
    0.00
    
    
    
    441.22
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    187.03
    
    
    
    0.00
    
    
    
    254.19
    
    
    
    159.68
    
    
    
    19.48BILBREY FieldNORTH
BILBREY 7 FEDERAL 001 - [ILLEGIBLE]
    
    P-DP
    
    
    0.03
    
    
    
    351.84
    
    
    
    0.65
    
    
    
    1,069.59
    
    
    
    0.00
    
    
    
    477.34
    
    
    
    0.00
    
    
    
    592.90
    
    
    
    303.59
    
    
    
    30.25BLOCK6FieldSTATE OF TEXAS -Z- 0 - 0
    
    P-DP
    
    
    10.96
    
    
    
    0.00
    
    
    
    843.44
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    716.79
    
    
    
    0.00
    
    
    
    126.66
    
    
    
    108.72
    
    
    
    4.83BLOCK A-49 Field
    
    Total
    
    
    146.07
    
    
    
    0.00
    
    
    
    10,870.44
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    5,579.74
    
    
    
    0.00
    
    
    
    5,290.70
    
    
    
    2,901.47
    
    
    
    26.57ARROWHEAD #1-49
    
    P-DP
    
    
    10.15
    
    
    
    0.00
    
    
    
    774.07
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    465.42
    
    
    
    0.00
    
    
    
    308.64
    
    
    
    238.75
    
    
    
    9.18NORTH BLOCK 12 UNIT
    
    P-DP
    
    
    135.92
    
    
    
    0.00
    
    
    
    10,096.37
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    5,114.32
    
    
    
    0.00
    
    
    
    4,982.05
    
    
    
    2,662.72
    
    
    
    26.57CHICKASHA FieldRUSH SPRINGS MEDRANO UNIT
    
    P-DP
    
    
    38.12
    
    
    
    3.23
    
    
    
    2,968.57
    
    
    
    22.28
    
    
    
    0.00
    
    
    
    1,968.44
    
    
    
    0.00
    
    
    
    1,022.41
    
    
    
    827.12
    
    
    
    7.34FLYING M Field
    
    Total
    
    
    4.43
    
    
    
    16.85
    
    
    
    334.66
    
    
    
    85.18
    
    
    
    0.00
    
    
    
    264.74
    
    
    
    0.00
    
    
    
    155.10
    
    
    
    124.83
    
    
    
    8.12CLEMMONS SUNBURST FEDERAL [ILLEGIBLE]
    
    P-DP
    
    
    3.63
    
    
    
    11.10
    
    
    
    275.40
    
    
    
    55.94
    
    
    
    0.00
    
    
    
    195.26
    
    
    
    0.00
    
    
    
    136.08
    
    
    
    108.42
    
    
    
    8.12SUNBURST SPENCE FEDERAL 002 -[ILLEGIBLE]
    
    P-DP
    
    
    0.80
    
    
    
    5.76
    
    
    
    59.26
    
    
    
    29.24
    
    
    
    0.00
    
    
    
    69.48
    
    
    
    0.00
    
    
    
    19.02
    
    
    
    16.42
    
    
    
    4.77FLYING M SOUTH (ABO) FieldFLYING M SOUTH (ABO) PUD #01
    
    P-UD
    
    
    63.44
    
    
    
    105.94
    
    
    
    5,038.66
    
    
    
    464.00
    
    
    
    0.00
    
    
    
    934.13
    
    
    
    1,099.00
    
    
    
    3,469.53
    
    
    
    1,739.12
    
    
    
    26.47FREDDY HUTT (WILCOX) FieldHOUSTON, VICTOR #1A
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00FREDDY HUTT, SOUTH FieldWILLIAMS, MARY ISABELLA 6A - 6
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00FREDDY HUTT, SOUTH (WILCOX) FieldHOUSTON, VICTOR -A- #10A
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00GIDDINGS Field
    
    Total
    
    
    20.92
    
    
    
    113.59
    
    
    
    1,503.62
    
    
    
    853.03
    
    
    
    0.00
    
    
    
    1,573.12
    
    
    
    0.00
    
    
    
    783.53
    
    
    
    503.34
    
    
    
    16.55CHMELAR, EUGENE -A- 1 L
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SHADE 0 - 0
    
    P-DP
    
    
    20.92
    
    
    
    113.59
    
    
    
    1,503.62
    
    
    
    853.03
    
    
    
    0.00
    
    
    
    1,573.12
    
    
    
    0.00
    
    
    
    783.53
    
    
    
    503.34
    
    
    
    16.55
 TRC Eco One Liner 2.rpt
    
    1




---



##### 



Economic One-Liners
As of Date: 1/1/2011
 Project Name:
    
    FieldPoint Petroleum CorporationOwnership Group:
    
    All Cases
 Net Reserves
    
    
    Net Revenue
    
    
    
    
    
    
    
    
    
    
    Cash FlowOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    ExpenseLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked / UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)LONGWOOD Field
    
    Total
    
    
    0.41
    
    
    
    67.96
    
    
    
    32.35
    
    
    
    294.25
    
    
    
    0.00
    
    
    
    122.19
    
    
    
    0.00
    
    
    
    204.40
    
    
    
    136.30
    
    
    
    17.12HOSS 7800 RA SUA;CUSHMAN 001 -
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HOSS RA SUH;CUSHMAN 002 - 002
    
    P-DP
    
    
    0.41
    
    
    
    67.96
    
    
    
    32.35
    
    
    
    294.25
    
    
    
    0.00
    
    
    
    122.19
    
    
    
    0.00
    
    
    
    204.40
    
    
    
    136.30
    
    
    
    17.12LOVING Field
    
    Total
    
    
    0.00
    
    
    
    133.99
    
    
    
    0.00
    
    
    
    496.36
    
    
    
    0.00
    
    
    
    143.62
    
    
    
    45.00
    
    
    
    307.74
    
    
    
    157.66
    
    
    
    18.16CRONOS FEE 001 - 001
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HERMES FEE 001 - 001
    
    P-DP
    
    
    0.00
    
    
    
    5.32
    
    
    
    0.00
    
    
    
    18.99
    
    
    
    0.00
    
    
    
    10.57
    
    
    
    0.00
    
    
    
    8.42
    
    
    
    6.97
    
    
    
    6.71MERCURY FEE 001 - 001
    
    P-DP
    
    
    0.00
    
    
    
    10.48
    
    
    
    0.00
    
    
    
    38.88
    
    
    
    0.00
    
    
    
    26.03
    
    
    
    0.00
    
    
    
    12.85
    
    
    
    11.20
    
    
    
    4.85MERCURY FEE #01
    
    P-BP
    
    
    0.00
    
    
    
    118.19
    
    
    
    0.00
    
    
    
    438.48
    
    
    
    0.00
    
    
    
    107.02
    
    
    
    45.00
    
    
    
    286.47
    
    
    
    139.48
    
    
    
    18.16LUSK Field
    
    Total
    
    
    328.36
    
    
    
    422.03
    
    
    
    24,762.19
    
    
    
    2,254.64
    
    
    
    0.00
    
    
    
    10,379.29
    
    
    
    4,275.04
    
    
    
    12,362.50
    
    
    
    7,014.50
    
    
    
    47.61JENNINGS FEDERAL 001 - 001
    
    P-DP
    
    
    130.38
    
    
    
    114.08
    
    
    
    9,954.72
    
    
    
    531.64
    
    
    
    0.00
    
    
    
    3,447.71
    
    
    
    0.00
    
    
    
    7,038.64
    
    
    
    2,924.37
    
    
    
    47.61KORCZAK FED. #01
    
    P-DP
    
    
    14.91
    
    
    
    20.01
    
    
    
    1,123.98
    
    
    
    188.92
    
    
    
    0.00
    
    
    
    522.72
    
    
    
    0.00
    
    
    
    790.18
    
    
    
    567.90
    
    
    
    15.92SHEARN FEDERAL 003 - 003
    
    P-DP
    
    
    6.62
    
    
    
    0.00
    
    
    
    493.67
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    221.17
    
    
    
    0.00
    
    
    
    272.50
    
    
    
    238.92
    
    
    
    4.84KORCZAK FED. #01
    
    P-BP
    
    
    20.10
    
    
    
    26.97
    
    
    
    1,514.85
    
    
    
    254.62
    
    
    
    0.00
    
    
    
    595.06
    
    
    
    17.04
    
    
    
    1,157.37
    
    
    
    690.38
    
    
    
    19.21KORCZAK FED. #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00East Lusk l Fed #1H-1H
    
    P-UD
    
    
    70.90
    
    
    
    121.76
    
    
    
    5,287.11
    
    
    
    533.32
    
    
    
    0.00
    
    
    
    3,484.08
    
    
    
    1,958.60
    
    
    
    377.75
    
    
    
    1,047.16
    
    
    
    42.49East Lusk 1 Fed #2H - 1H
    
    P-UD
    
    
    65.35
    
    
    
    112.23
    
    
    
    4,873.31
    
    
    
    491.58
    
    
    
    0.00
    
    
    
    1,513.54
    
    
    
    1,958.60
    
    
    
    1,892.75
    
    
    
    1,131.74
    
    
    
    13.43KORCZAK FED. PUD #1
    
    P-UD
    
    
    20.09
    
    
    
    26.97
    
    
    
    1,514.56
    
    
    
    254.57
    
    
    
    0.00
    
    
    
    595.02
    
    
    
    340.8
    
    
    
    833.31
    
    
    
    414.03
    
    
    
    19.46PUTNAM FieldFIELDS 4-1 - 4-1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SERBIN Field
    
    Total
    
    
    17.62
    
    
    
    45.76
    
    
    
    1,334.04
    
    
    
    279.54
    
    
    
    0.00
    
    
    
    911.89
    
    
    
    0.00
    
    
    
    701.69
    
    
    
    460.01
    
    
    
    31.87CARLESTON 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00CARLESTON, HERBERT 3 - 3
    
    P-DP
    
    
    1.02
    
    
    
    6.25
    
    
    
    76.94
    
    
    
    32.35
    
    
    
    0.00
    
    
    
    77.78
    
    
    
    0.00
    
    
    
    31.50
    
    
    
    26.65
    
    
    
    5.59HERN 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00KASPER 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00LORENZ 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MARQUIS #7 7
- 7
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MENZEL 1 - 1
    
    P-DP
    
    
    5.48
    
    
    
    0.00
    
    
    
    413.74
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    140.78
    
    
    
    0.00
    
    
    
    272.97
    
    
    
    140.32
    
    
    
    31.87MERSIOVSKY 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-LORENZ 4 - 4
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-MARQUIS A 3 - 3
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-MARQUIS B 4 - 4
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILROSE-VAHRENKAMP 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MOERBE 5 - 5
    
    P-DP
    
    
    0.61
    
    
    
    6.74
    
    
    
    45.84
    
    
    
    48.60
    
    
    
    0.00
    
    
    
    56.77
    
    
    
    0.00
    
    
    
    37.67
    
    
    
    27.04
    
    
    
    12.17
 TRC Eco One Liner 2.rpt
    
    2




---



##### 



Economic One-Liners
As of Date: 1/1/2011
 Project Name:
    
    FieldPoint Petroleum CorporationOwnership Group:
    
    All Cases
 Net Reserves
    
    
    Net Revenue
    
    
    
    
    
    
    
    
    
    
    Cash FlowOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    ExpenseLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest.
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked / UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)MOERBE,
VICTOR #1 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MOERBE, VICTOR 3 - 3
    
    P-DP
    
    
    0.25
    
    
    
    2.23
    
    
    
    18.94
    
    
    
    14.75
    
    
    
    0.00
    
    
    
    28.44
    
    
    
    0.00
    
    
    
    5.25
    
    
    
    4.71
    
    
    
    3.42NITSCHE, R.J. 1 - 1
    
    P-DP
    
    
    3.09
    
    
    
    2.72
    
    
    
    231.31
    
    
    
    25.02
    
    
    
    0.00
    
    
    
    183.79
    
    
    
    0.00
    
    
    
    72.54
    
    
    
    49.63
    
    
    
    13.57NORTH AMERICAN WEISE 1 - 1
    
    P-DP
    
    
    0.12
    
    
    
    0.49
    
    
    
    8.93
    
    
    
    2.90
    
    
    
    0.00
    
    
    
    9.48
    
    
    
    0.00
    
    
    
    2.35
    
    
    
    2.21
    
    
    
    1.88PETERS #5
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00PETERS C 9 - 9
    
    P-DP
    
    
    0.08
    
    
    
    0.41
    
    
    
    5.97
    
    
    
    1.79
    
    
    
    0.00
    
    
    
    6.93
    
    
    
    0.00
    
    
    
    0.83
    
    
    
    0.79
    
    
    
    1.47PETERS 8 - 8
    
    P-DP
    
    
    1.87
    
    
    
    6.2
    
    
    
    142.72
    
    
    
    59.48
    
    
    
    0.00
    
    
    
    93.78
    
    
    
    0.00
    
    
    
    108.41
    
    
    
    84.28
    
    
    
    9.54S & M ENERGY-LORENZ 3 - 3
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-MARQUIS 6 - 6
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-MOERBE 2 - 2
    
    P-DP
    
    
    0.51
    
    
    
    2.37
    
    
    
    38.17
    
    
    
    13.79
    
    
    
    0.00
    
    
    
    29.64
    
    
    
    0.00
    
    
    
    22.32
    
    
    
    18.42
    
    
    
    6.8S & M ENERGY-PETERS B 7
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY -E- 7[ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-DEAN STUESSY A 1 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY B 2 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY C 4 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M
ENERGY-DEAN STUESSY D 5 [ILLEGIBLE]
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-HERBERT STUESSY
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-HERBERT STUESSY
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-PETERS A
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-SPRETZ 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00S & M ENERGY-SPRETZ A 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SCOTT PETROLEUM-PETERS A 6 - 6
    
    P-DP
    
    
    0.10
    
    
    
    0.62
    
    
    
    7.94
    
    
    
    4.95
    
    
    
    0.00
    
    
    
    12.16
    
    
    
    0.00
    
    
    
    0.73
    
    
    
    0.7
    
    
    
    1.01STEGLICH 1 - 1
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00STEINBACH 2 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00STEINBACHETAL1-1
    
    P-DP
    
    
    1.31
    
    
    
    7.50
    
    
    
    98.24
    
    
    
    13.27
    
    
    
    0.00
    
    
    
    56.43
    
    
    
    0.00
    
    
    
    55.09
    
    
    
    37.58
    
    
    
    14.82URBAN #22 - 2
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00URBAN #3 3 - 3
    
    P-DP
    
    
    1.77
    
    
    
    8.66
    
    
    
    137.9
    
    
    
    50.92
    
    
    
    0.00
    
    
    
    128.57
    
    
    
    0.00
    
    
    
    60.25
    
    
    
    42.63
    
    
    
    12.39URBAN 1 - 1
    
    P-DP
    
    
    0.28
    
    
    
    1.59
    
    
    
    20.59
    
    
    
    11.73
    
    
    
    0.00
    
    
    
    21.47
    
    
    
    0.00
    
    
    
    10.85
    
    
    
    8.9
    
    
    
    6.77WACHSMANN 1 - 1
    
    P-DP
    
    
    1.12
    
    
    
    0.00
    
    
    
    86.81
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    65.87
    
    
    
    0.00
    
    
    
    20.94
    
    
    
    16.13
    
    
    
    8.88BASS PETROLEUM-PETERS
    
    P-NP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SERBIN (TAYLOR SAND) Field
    
    Total
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00DROEMER #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00DROEMER #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00FISCHER #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00HAMFF #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MARQUIS #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
 TRC Eco One Liner 2.rpt
    
    3




---



##### 



Economic One-Liners
As of Date: 1/1/2011
 Project Name:
    
    FieldPoint Petroleum CorporationOwnership Group:
    
    All Cases
 Net Reserves
    
    
    Net Revenue
    
    
    
    
    
    
    
    
    
    
    Cash FlowOil, Cond,
    
    
    
    
    
    
    Oil, Cond,
    
    
    
    
    
    
    
    
    
    
    ExpenseLease Name
    
    
    
    
    
    NGL
    
    
    Gas
    
    
    NGL
    
    
    Gas
    
    
    Other
    
    
    & Tax
    
    
    Invest
    
    
    Non-Disc.
    
    
    Disc. 10%
    
    
    LifeRisked / UnRisked
    
    Reserve Category
    
    
    (Mbbl)
    
    
    (MMcf)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (M$)
    
    
    (years)MARQUIS -A- #05
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MERSLOVSKY #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00MILLER #01
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00NITSCHE, R.J. #02
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SPRABERRY Field
    
    Total
    
    
    10.96
    
    
    
    31.14
    
    
    
    849.53
    
    
    
    106.73
    
    
    
    0
    
    
    
    424.79
    
    
    
    0
    
    
    
    531.48
    
    
    
    244.42
    
    
    
    50.00BUCHANAN -L- 0 - 0
    
    P-DP
    
    
    2.90
    
    
    
    15.50
    
    
    
    224.44
    
    
    
    52.09
    
    
    
    0.00
    
    
    
    190.81
    
    
    
    0.00
    
    
    
    85.72
    
    
    
    58.37
    
    
    
    13.91BUCHANAN M 1 - 1
    
    P-DP
    
    
    1.15
    
    
    
    6.09
    
    
    
    90.18
    
    
    
    20.53
    
    
    
    0.00
    
    
    
    70.32
    
    
    
    0.00
    
    
    
    40.38
    
    
    
    31.42
    
    
    
    8.84BUCHANAN P 1-1
    
    P-DP
    
    
    0.7
    
    
    
    2.09
    
    
    
    54.16
    
    
    
    6.99
    
    
    
    0.00
    
    
    
    28.66
    
    
    
    0.00
    
    
    
    32.49
    
    
    
    27.72
    
    
    
    5.81MCCLINTIC -A- 1 - 1
    
    P-DP
    
    
    6.21
    
    
    
    7.45
    
    
    
    480.75
    
    
    
    27.13
    
    
    
    0.00
    
    
    
    135
    
    
    
    0.00
    
    
    
    372.88
    
    
    
    126.92
    
    
    
    50.00MCCLINTIC, C. A., A-31 2 - 2
    
    P-PA
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SPRABERRY (TREND AREA) Field
    
    Total
    
    
    27.01
    
    
    
    73.24
    
    
    
    2,105.66
    
    
    
    249.50
    
    
    
    0
    
    
    
    1,200.49
    
    
    
    528.00
    
    
    
    626.66
    
    
    
    188.41
    
    
    
    50.00BUCHANAN -L- PUD #01
    
    P-UD
    
    
    7.62
    
    
    
    22.65
    
    
    
    590.61
    
    
    
    76.09
    
    
    
    0.00
    
    
    
    642.23
    
    
    
    150.00
    
    
    
    -125.54
    
    
    
    20.62
    
    
    
    50.00BUCHANAN -M- PUD #01
    
    P-UD
    
    
    6.71
    
    
    
    19.92
    
    
    
    526.18
    
    
    
    67.12
    
    
    
    0.00
    
    
    
    212.43
    
    
    
    150.00
    
    
    
    230.87
    
    
    
    66.61
    
    
    
    26.02BUCHANAN -M- PUD #02
    
    P-UD
    
    
    6.71
    
    
    
    19.92
    
    
    
    526.18
    
    
    
    67.12
    
    
    
    0.00
    
    
    
    212.37
    
    
    
    150.00
    
    
    
    230.93
    
    
    
    34.32
    
    
    
    32.68MCCLINTIC -A- PUD #01
    
    P-UD
    
    
    5.98
    
    
    
    10.76
    
    
    
    462.70
    
    
    
    39.16
    
    
    
    0.00
    
    
    
    133.46
    
    
    
    78.00
    
    
    
    290.40
    
    
    
    66.85
    
    
    
    50.00SULIMAR FieldQUINOCO SULIMAR 001 - 001
    
    P-DP
    
    
    44.52
    
    
    
    0.00
    
    
    
    3,262.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    1,300.30
    
    
    
    0.00
    
    
    
    1,961.70
    
    
    
    1,036.02
    
    
    
    29.29SULIMAR (QUEEN) FieldQUINOCO SULIMAR PUD #01
    
    P-UD
    
    
    22.82
    
    
    
    5.55
    
    
    
    1,671.99
    
    
    
    24.29
    
    
    
    0.00
    
    
    
    877.28
    
    
    
    400
    
    
    
    419.00
    
    
    
    72.61
    
    
    
    22.61TULETA, W. FieldSTAUSS 1 - 1
    
    P-DP
    
    
    0.01
    
    
    
    9.20
    
    
    
    0.50
    
    
    
    36.16
    
    
    
    0.00
    
    
    
    25.52
    
    
    
    0.00
    
    
    
    11.13
    
    
    
    9.99
    
    
    
    3.98VACUUM SOUTH Field
    
    Total
    
    
    5.02
    
    
    
    737.77
    
    
    
    399.12
    
    
    
    2,804.91
    
    
    
    0
    
    
    
    811.66
    
    
    
    67.13
    
    
    
    2,325.24
    
    
    
    1,024.07
    
    
    
    49.00SOUTH VACUUM 221 - 221
    
    P-DP
    
    
    0.00
    
    
    
    0.19
    
    
    
    0.00
    
    
    
    0.64
    
    
    
    0.00
    
    
    
    0.61
    
    
    
    0.00
    
    
    
    0.04
    
    
    
    0.04
    
    
    
    0.16SOUTH VACUUM 275 - 275
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00SOUTH VACUUM UNIT 353 - 353
    
    P-DP
    
    
    0.00
    
    
    
    584.38
    
    
    
    0.00
    
    
    
    2,284.93
    
    
    
    0.00
    
    
    
    595.38
    
    
    
    0.00
    
    
    
    1,689.55
    
    
    
    702.46
    
    
    
    49.00SOUTH VACUUM 221 - 221
    
    P-BP
    
    
    5.02
    
    
    
    153.20
    
    
    
    399.12
    
    
    
    519.33
    
    
    
    0.00
    
    
    
    215.67
    
    
    
    67.13
    
    
    
    635.66
    
    
    
    321.58
    
    
    
    30.98SOUTH VACUUM UNIT 352 - 352
    
    P-SI
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00WHISLER Field
    
    Total
    
    
    1.95
    
    
    
    0
    
    
    
    123.80
    
    
    
    0
    
    
    
    0
    
    
    
    106.68
    
    
    
    0
    
    
    
    17.12
    
    
    
    15.53
    
    
    
    3.05WHISLER W-0321205A 2 - 2
    
    P-DP
    
    
    1.95
    
    
    
    0.00
    
    
    
    123.80
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    106.68
    
    
    
    0.00
    
    
    
    17.12
    
    
    
    15.53
    
    
    
    3.05WHISTLER 42-35 - 42-35
    
    P-DP
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
    
    
    
    0.00
 TRC Eco One Liner 2.rpt
    
    4




---



##### 



CERTIFICATE OF QUALIFICATION
  1.
    
    I am President of PGH, the engineering firm that prepared the above referenced report for
Fieldpoint Petroleum Corporation dated March 8, 2010.2.
    
    As President of PGH, I was responsible for the preparation of this report.3.
    
    I am a graduate of The University of Texas at Austin. I obtained a Bachelor of Science
degree in Petroleum Engineering in May 1980. I am a Licensed Professional Engineer in the
State of Texas. My license number is 56682. I am a member of the Society of Petroleum
Engineers, the Society of Petroleum Evaluation Engineers, the Society of Petrophysicists and
Well Log Analysts and the American Association of Petroleum Geologists. I have in excess of
29 years of experience as a petroleum engineer in the oil and gas industry performing
reservoir studies and oil and gas reserve evaluations.
 /s/ Wayman T. Gore, Jr.

Wayman T. Gore, Jr., P.E.Texas Engineering License No. 56682PresidentPGH Petroleum & Environmental Engineers, L.L.C.