FormCap’s current management team is led by Graham Douglas. Consultants and Advisors have been engaged on a contract basis as required to minimize expenditures during this start-up phase. Many of these individuals will join the team in a more formal manner as Director’s and Officer’s of FormCap, once funding is secured.

Graham Douglas, President
Graham Douglas is an experienced business executive with 35 years of financial and operational management. After graduating in 1970 with a Bachelor of Commerce Honors degree, Mr. Douglas was employed by two large Canadian banks in the area of corporate finance. From 1978 through 1985, Mr. Douglas was involved in the commercial/industrial real estate development and construction industry in a financial capacity, progressing to be the President of the Company. In the period 1986 through 1992, Mr. Douglas was the Chief Operating Officer of a large west coast Canadian transportation, warehousing, freight forwarding and sea terminal operator. In this capacity, he oversaw the restructuring of the company’s operations and the eventual sale of the various operating entities. Beginning in 1992, Mr. Douglas has been active as a business consultant in the area of corporate restructurings, mergers and acquisitions, corporate finance and public offerings. Mr. Douglas has been an early stage investor and assisted in raising later stage funding for several companies in a variety of industries. Industries include the following: beverage, food processing, clothing, tourism, real estate, construction, telecommunications, hightec, mining and exploration, heavy equipment auction, oil and gas exploration and biofuels. In several instances, Mr. Douglas has taken temporary positions in management and governance through transitional periods or in difficult circumstances. Mr. Douglas is a resident of Mexico and works throughout North America and the international markets.

Advisors & Consultants

Thomas Markham, Chief Geologist
Mr. Markham is a professional geologist specializing in evaluation and development of oil and gas plays in the mid-continental US, since receiving his Masters of Geology from LSU in 1976. He began his career working with BEPCO, ARCO and then TENNECO, acting as geologist on a wide range of projects spanning over 12 years of development on leading plays including the Pinon, Allen Hill, Brunson Ranch, J.D. Shale, Brown Bassett Extension and NYY projects. During this period, he directed 15 graduate-level geologists and managed annual exploration budgets up of to $21 million.

He has recently acted as Chief Geologist in charge of the supervision and generation of a 21,000 acre Pennsylvanian gas play in the Permian Basin. In Oklahoma, Mr. Markham was instrumental in play development and directed negotiations with the Osage Tribe of Oklahoma for drilling rights on 57-quarter sections (9,120 acres). He has been an independent oil and gas geologist managing project generation and evaluation for various industry and non-industry groups primarily in the Mid Continent.

Mr. Markham has successfully drilled and completed proprietary prospects (while providing the supervision of seismic, leasing, drilling, completion, and production activities) of 88 oil and gas wells (to 10,500’) in Texas, New Mexico, and Oklahoma. He was the generating geologist of a 5 TCFG overthrust play in Central Texas, he finalized a New Mexico San Andres stratigraphic play (50 to 100 MMBO at 4,000’) and a Permian Basin Devonian structural play. He has managed the screening and evaluation of Springer – Atoka sub-basin prospects of the Anadarko Basin (3-D).

Tom's has been published in the American Gas Journal and he has been invited on a technical tour of the former Soviet Union to review oil and gas assets. He was also guest speaker at the American Association of Petroleum Landman’s (AAPL) “Buying Oil and Gas Properties” seminar.

Randall K. Boatright
Most recently Mr. Boatright served as Interim President and CEO, CFO and Director of Dexterity Surgical, Inc. He has extensive experience in the energy business as he was formerly EVP, CFO and Director of Abraxas Petroleum Corporation (AMEX:ABP) and Controller of a large private independent oil & gas company. Prior to that, Mr. Boatright practiced accounting with the firm of Coopers & Lybrand LLP. He is a CPA and a graduate of the College of William & Mary in Virginia.

MAC Advisory Services
MAC Advisors, a mini-microcap advisory service with oil and gas expertise. MAC principals have over 50 years direct experience in related areas of: Oil and Gas finance, accounting and capital equipment; Corporate Finance and Merchant Banking; and Management of both public and private developmental stage companies. They have work experience that includes work at Gearhart/Haliburton, as well as corporate finance experience with Dorchester Oil and Gas (both Fortune 500 Companies). Their resumes include work experience in the area of corporate finance and as a financial analyst concentrating on exploration, crude oil purchasing and related special projects. They have also worked as independent landman in West Texas and hold royalty and working interests in several producing oil and gas properties. Through the relationship with MAC, Formcap will have full access to valuable industry experience and contacts.