Tomlinson, Gilstrap, Foester Form Start-Up Coastal Plains Exploration
King Tomlinson, Jim Gilstrap and John Foester have formed Coastal Plains Exploration LLC, Port Lavaca, Texas, to explore and exploit oil and gas reserves on the Gulf Coast of Texas and Louisiana. Tomlinson is president; Gilstrap is vice president, land and business development; and Foester is vice president, geology. 
 
The firm is primarily funded by management; the balance is funded by industry partners. 
 
Each was previously with Neumin Production Co., Point Comfort, Texas, where they implemented a capital budget of $246 million, including approximately $20 million in production acquisitions. In a six-year period there, they added new proved reserves of some 111 billion cubic feet equivalent at a finding cost of $2.22 per thousand cubic feet equivalent. 
 
Prior to joining Neumin, Tomlinson was an engineering consultant and was with Berexco Inc. Gilstrap was previously with Pacific Enterprises and Foester was previously with Digicon.
 
Tomlinson can be reached at king@coastal-plains.com and 361-553-9000.