Austin, TX - September 19, 2012 (Investorideas.com Energy Stocks Newswire) FieldPoint Petroleum Corporation (NYSE/MKT:FPP ) today provided an update on the latest production information from its recently completed East Lusk Federal 15 well #2 in Lea County, New Mexico.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

Lundin Petroleum Commences Merawan Batu Exploration Well, Offshore Peninsula Malaysia

Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce that it has commenced the third well in its 2012 Malaysian drilling campaign with the spud of Merawan Batu-1 exploration well in PM308B Block, offshore east coast Peninsula Malaysia.

Merawan Batu-1 is a vertical well to be drilled by the jackup rig West Courageous to a depth of 3,584 metres in approximately 60 metres water depth.

ShawCor Announces Strategic Review

ShawCor Ltd. (TSX: SCL.A., SCL.B) today announced that Ms. Virginia Shaw, the Chair of the ShawCor Board of Directors and the controlling shareholder of the company (indirectly through a holding company), has advised the Board of Directors that she is prepared to consider a possible sale of her shares of ShawCor as part of a sale of the company.

The Board has struck a committee of independent directors to conduct a strategic review of alternatives, including canvassing potentially interested third parties to determine if an appropriate transaction is available that would be acceptable to Ms. Shaw and would be in the best interests of ShawCor and its shareholders.  At this preliminary stage, no proposals have been made, no discussions have been held with third parties, and no decision has been made by Ms. Shaw to sell her ShawCor shares.

Madalena Ventures Inc. Strategically Enters the North American Oil & Gas Sector with the Acquisition of Online Energy Inc.