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Forestar Petroleum Corporation
6300 Bee Cave Road
Building Two, Suite 500
Phone: (512) 433-5200p:512 433-5200 Austin, TX  78746  United States Ticker: CREDCRED

This company ceased filing statements with the SEC on 10/9/2012.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
Forestar Petroleum Corporation, formerly known as Credo Petroleum Corporation (Credo), is engaged in the exploration for and the acquisition, development and marketing of crude oil and natural gas in the Mid-Continent and Rocky Mountain regions and is conducting oil-focused drilling projects in North Dakota Bakken and Three Forks, Kansas, Nebraska and Texas Panhandle plays. Credo is an active operator in Kansas, Nebraska, Wyoming, Colorado and Texas. The Company’s wholly owned subsidiaries include SECO Energy Corporation (SECO) and United Oil Corporation (United). United is an active operator doing business primarily in Oklahoma, and SECO primarily owns royalty interests in the Rocky Mountain region. As of October 31, 2011, it had operating activities in nine states. It owns working interests in about 337 producing wells and overriding royalty interests in about 1,200 wells. During the fiscal year ended October 31, 2011, two wells were acquired, and 22 were sold or abandoned. In September 2012, Forestar Group Inc. acquired Credo. The Company is part of Forestar Group Inc., which is owned by D.R. Horton, Inc.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
7/31/201210/31/2011YesYes--Yes

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, Director James M.DeCosmo 54 9/28/2012 9/28/2012
Chief Financial Officer, Treasurer, Director Christopher L.Nines 41 9/28/2012 9/28/2012
Executive Vice President, Chief Accounting Officer Charles D.Jehl 44 9/28/2012 9/28/2012
Director David M.Grimm 9/28/2012 9/28/2012

Business Names
Business Name
CRED
Forestar Petroleum Corporation
SECO Energy Corporation
United Oil Corporation

General Information
Number of Employees: 15 (As of 10/31/2011)
Outstanding Shares: 10,041,000 (As of 9/10/2012)
Shareholders: 2,150
Stock Exchange: NASD
Federal Tax Id: 840772991


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Friday, July 21, 2023