Highmount holds the lease on one of the sections my mineral interests are within in NorthCentral Oklahoma. They attained a permit to drill 3 months ago. Highmount was purchased by Loews before the dry gas prices fell and over the past few months almost every mention I've seen about Highmount in the news is pointing out what a drain they've been on the parent corporation's numbers- also mentioning Highmount intends to diversify their oil/gas holdings to include more liquid gas and oil. The other news mentions they are actively drilling the Eagle Ford in Texas. It looks to me this is their focus now with the need to get their numbers more balanced.
I also can't find anything concrete to indicate they're still active in my region of Oklahoma - Pawnee county near the Noble county line. The most recent spud report I've found for them nearby was dated 4/3/2012. But I have found that they as recently as 6/4/2012 attained another drilling permit only a few miles away.
So, my curiosity obviously is whether Highmount has abandoned or mostly abandoned their efforts in the Pawnee County region of Oklahoma. I'm a rookie/novice to this stuff and if anybody with more expertise would care to contribute it would be appreciated.
Thanx.
Larry