OUTLOOK“We continue to generate momentum through our oil and gas initiatives to increase exploration, production and reserves. Higher oil prices have increased exploration and production in Louisiana. In addition, our working interests in three oil wells in Beauregard Parish, Louisiana continue to provide incremental value realization. Going forward, we expect to participate in additional non-operating working interest investments, which provide Forestar with an additional low-cost, low-risk opportunity to realize the greatest value from every acre by securing a greater interest in oil and gas production.
Forestar Group Inc. Reports First Quarter 2012 Results
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