Forster Drilling Corporation Signs Multi-Well Turnkey With Hutto Drilling Company

Houston, TX - Forster Drilling Corporation, a Nevada Corporation, recently announced that it has entered into a multi-well turnkey contract with Hutto Drilling Company of Del Rio, Texas to drill up to 40 wells in Pecos County, Texas. Pecos County is located in West Texas. Forster Rig 41 is on location and has successfully completed drilling the first well for Hutto.

Forster Drilling Corporation is engaged in three related business activities:

• Forster Drilling, Inc. - Providing contract land drilling services to oil and gas exploration and production companies (E&P).
• Forster Tool and Supply, Inc. - Fabricates new drilling rig components and assembles them with refurbished components into "like-new", state-of-the-art drilling rigs.
• Forster Exploration and Production, Inc. - Joint-venture participation with our drilling service customers in the exploration, development, and production of oil and gas reserves.

SOURCE: Forster Drilling Corporation