Forster Drilling Deploys Rig 12
Forster Drilling Corporation, a Nevada Corporation, announced that Forster Rig 12 is being deployed to Eddy County, New Mexico, pursuant to a multi-well drilling contract. Rig 12 is a new-built rig with a remanufactured National 55 drawworks and is rated at 1,100hp and a depth capability of 13,000 feet. The rig was constructed at the Company's wholly-owned subsidiary, Forster Tool & Supply in Odessa, Texas. Fred Forster III, President and CEO, stated, "This is a fabulous rig that we are all proud of and are looking forward to adding many more like it to our growing fleet."