Our Strategy

Forestar's mineral resources strategy is to realize the value of its mineral assets principally by maximizing lease revenues and royalty interests. Forestar owns approximately 620,000 net mineral acres, about 397,000 net mineral acres of which are located in the East Texas, Brazos and Gulf Coast basins in Texas and Louisiana, some of the most productive natural gas basins in the continental United States. In addition, we own approximately 222,000 net mineral acres in Georgia and Alabama and 1,000 in California. We typically lease our mineral interests to third parties for exploration and production of oil and gas, principally in Texas and Louisiana, generating lease bonus payments, delay rentals and royalty interests.