Highland Oil & Gas has secured up to $100 million in equity commitments from Kayne Anderson Energy Funds to expand its operations in the Arkoma and Anadarko basins.

Information on the Target

Highland Oil & Gas, LLC, based in Ft. Smith, Arkansas, is an independent natural gas company dedicated to acquiring and developing conventional natural gas resources. Founded in October 2007 by S. Michael 'Mike' Oxley and Elwin A. Hoover, Highland has expanded its management team to include industry veterans Ken Black and Pam Ibbetson. The leadership team, utilizing their extensive experience in the field, is committed to exploring opportunities within the Arkoma and Anadarko basins.

Highland Oil & Gas operates with offices located in Ft. Smith, Arkansas, as well as in Houston, Texas, and Tulsa, Oklahoma. The company leverages its expertise to drill and develop natural gas resources across Arkansas, Oklahoma, and Texas, focusing on the Arkoma and Anadarko basins. Together, Highland's management boasts a strong track record, having drilled over 1,000 wells and developed more than 600 Bcfe (billion cubic feet equivalent) in these regions.

Industry Overview in the Target’s Specific Country

The natural gas industry in the United States, particularly in regions like Arkansas and Oklahoma, has experienced significant growth and innovation in recent years, driven by advances in technology