Credo Petroleum - Ownership and Business Overview

Oil/gas ExplorationCompany

Credo Petroleum Ownership

Who owns Credo Petroleum?

Credo Petroleum is owned by Forestar Group. It was acquired on June 4, 2012.

Credo Petroleum Business Overview

Where is Credo Petroleum headquartered?

Credo Petroleum is headquartered in Denver, Colorado.

What sector is Credo Petroleum in?

Credo Petroleum is an oil/gas exploration company.

When was Credo Petroleum founded?

Credo Petroleum was founded in 1978.

Oil/gas Exploration M&A Summary in 2012

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 15 in number of deals in 2012. The largest oil/gas exploration acquisition in 2012 was Nexen Energy ULC - which was acquired by CNOOC for $15.1B.

Join Mergr to view all 138 acquisitions of oil/gas exploration companies in 2012, including 43 acquisitions by private equity firms, and 95 by strategics.

Credo Petroleum Corp.

1801 Broadway, Suite 900,
Denver, Colorado 80202
United States,
(303) 297-2200

Credo is an independent oil and gas exploration, development and production company based in Denver, Colorado. Credo owns leasehold interests in approximately 125,000 net mineral acres and has operations in the Bakken and Three Forks formations of North Dakota, the Lansing – Kansas City formation in Kansas and Nebraska, and the Tonkawa and Cleveland formations in the Texas Panhandle. Credo owns working interests in approximately 340 producing wells and overriding royalty interests in about 1,200 wells and acts as operator for approximately 108 of the working interest wells.


Company Summary

SECTOR

Oil/Gas Exploration

Established

1978

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