The Board of Directors of FieldPoint Petroleum Corporation announced the passing of its Founder, President, and CEO, Mr. Ray D. Reaves, who died in an automobile accident in Bastrop County, Texas. In an emergency meeting of the board called on June 8, 2013 action was taken to put in motion a succession plan. As part of the plan, the board elected Mr. Roger D. Bryant to serve as its Chairman, fully authorized with the executive powers necessary to conduct all aspects of the business.

Mr. Bryant has been a member of the FieldPoint board for 16 years.