face=+Bold; HIGHLANDface=-Bold; face=+Bold; FORMEDface=-Bold; face=+Bold; : face=-Bold; Fort. Smith, Ark.-basedface=+Bold; Highland Oil & Gas LLCface=-Bold; has received equity commitments of up to $100 million from private-equity firm face=+Bold; Kayneface=-Bold; face=+Bold; Anderson Energy Fundsface=-Bold; , management and others.

Highland was formed in October by Mike Oxley and Elwin A. Hoover to focus on conventional gas resources in Arkansas, Oklahoma and Texas. Collectively, management has drilled more than 1,000 wells and developed more than 600 billion cubic feet of gas equivalent in the Arkoma and Anadarko basins.

Oxley is president and chief executive. Hoover is vice ...

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