Fred Schneiderman is the President/CEO of FBS Properties, Inc. FBS was established over 25 years ago and has served as an investment platform for Oil & Gas, Real Estate & Private Equity Investments. FBS’s original mandate was to make real estate acquisitions from the Resolution Trust Company (during the Southwest S&L bailouts). Since 1991, FBS has been active in the energy sector with acquisitions of both onshore and offshore oil & gas properties. FBS’s first investment in the upstream sector was the acquisition of four oil & gas offshore leases; an FBS affiliated company operated the producing properties. FBS has since invested in 200+ oil & gas properties. During the North American shale boom, FBS sold/subleased considerable acreage in shale zone with estimated gross hydrocarbons over $1B to major E&P companies. FBS is currently seeking to deploy CAPEX in the significantly de-risked opportunities of various energy companies without adequate capital resources.
Mr. Schneiderman has diverse investment and company experience and was the founding Chariman and CEO of Nutex Energy, American Investment Group and IREX Inc. Fred was also a founding member in the technology startup, Spacetime Arts, an early pioneer in Cyberspace and Virtual worlds.