Oil production stood at 673 BOPD and gas was up to 624 MCFPD, on 16 January.

FPP president and CEO Ray Reaves said that the company has completed a full month of production from the well and considers the results to be outstanding.

"We will, of course, watch this well with continued interest but we will begin to turn our attention more to the drilling of well #2 on this property and our other exploration and acquisition activities," said Reaves.

Recently, the operator has changed to a larger choke size, going from a 25 to a 48 along with the well pressures and flow rates are holding nicely.

FieldPoint owns a 43.75% working interest in well #1, and will own the same percentage of well #2 and subsequent wells in section 15 of this field.