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Fred Forster III has served as Chief Operating Officer and Chairman of the Board of Directors of Forster Drilling Corporation since its inception in 2005. Mr. Forster has over 30 years of experience working in the land drilling and financial industries. He began working on drilling rigs during summer vacations. He and his father acquired a 4-rig drilling company in 1977, which was renamed to Forster Drilling Co. Inc. He serviced as Vice-President and remained with the company after it was sold to Williams Brothers of Tulsa, OK. In 1981, he acquired and served as President of Pulliam Drilling from 1981 to1984 and as President of D & F Machine Company, Odessa, Texas 1980 from 1985. D & F Machine repaired and refurbished large gas compressors and provided global service to its customers. Under Mr. Forster, annual sales doubled. The company was sold to Compressor Components in 1985. Mr. Forster was Chief Executive Officer of the Rankin Oil Company from 1986 to 1988. Mr. Forster has significant experience in the financial services industry and was with Solomon Smith Barney from 1989 to 1996. He served as Senior Vice-President of Sunpoint Securities from 1996 to 1998, and he was a Founder of Petroplex Saving in Midland, Texas in 1981. From 1998 to 2005, Mr. Forster was an independent drilling consultant working on wells in the Barnett Shale and the Permian Basin. During this time he built rigs for Jelco Energy which is now part of Patriot Drilling. Mr. Forster holds a BBA and an MBA from The University of Texas at Austin, and has taught accounting and economics at The University of Texas - Permian Basin. | 