AUSTIN, Texas, April 5, 2017 /PRNewswire/ -- FieldPoint
Petroleum Corporation ("FieldPoint" or the "Company") (NYSE
MKT: FPP) -- The NYSE MKT Company Guide Section 610(b)
requires public announcement through the news media disclosing the
receipt of an audit opinion containing a going concern explanation.
As previously disclosed in its Annual Report on Form 10-K for the
fiscal year ended December 31, 2016,
which was filed with the Securities and Exchange Commission on
March 31, 2017, the Company's audited
financial statements contained a going concern explanatory
paragraph in the audit opinion from its independent registered
public accounting firm. This announcement does not represent any
change or amendment to the Company's consolidated financial
statements or to its Annual Report on Form 10-K for the fiscal year
ended December 31, 2016.
FieldPoint Petroleum Corporation is engaged in oil and natural
gas exploration, production and acquisition, primarily in
Louisiana, New Mexico, Oklahoma, Texas and Wyoming. For more information,
please visit www.fppcorp.com.
This press release may contain projection and other
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934, as amended. Any such projections or
statement reflect the company's current views with respect to
future events and financial performance. No assurances can be
given, however, that these events will occur or that such
projections will be achieved and that actual results could differ
materially from those projected. A discussion of important factors
that could cause actual results to differ from those projected,
such as decreases in oil and natural gas prices and unexpected
decreases in oil and natural gas production is included in the
company's periodic reports filed with the Securities and Exchange
Commission (at www.sec.gov)
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SOURCE FieldPoint Petroleum Corporation