RAY D. REAVES, Chief Executive Officer and Chairman of the board of FieldPoint Petroleum Corporation since 1989, has 24 years of experience in the oil and gas industry. He began his career in 1986 with North American Oil and Gas Inc. In 1989, Mr. Reaves purchased an interest in 10 of their wells and formed Bass Petroleum, Inc. Under his management in the years that followed, Bass Petroleum gained majority control of the 10 original wells and acquired interests in another 60 wells. In 1998, Bass Petroleum merged with Energy Production Corporation, and as a result, FieldPoint Petroleum was formed. FieldPoint has grown to a $20 million asset base with varying interest in more than 300 wells and complete operating control of 60 wells in five states.