Forestar Group Mergers & Acquisitions

Forestar Group M&A Summary

Forestar Group has acquired 1 company.

Forestar Group’s largest acquisition to date was in 2012, when it acquired Credo Petroleum for $146M. Forestar Group has acquired in 1 US state. The Company’s most targeted sectors include oil/gas exploration (100%).

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Forestar Group

Forestar Group, Inc.

2221 East Lamar Boulevard, Suite 790,
Arlington, Texas 76006
United States,
(817) 769-1860
www.forestar.com

All (1) Buy (1) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2012-06-04 Credo Petroleum Corp. · Oil/Gas Exploration
Denver, Colorado

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.

146 Add-on Acquisition

Forestar Group

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