HighMount Exploration and Production is engaged in the exploration and production of natural gas. The company has more than 600 well locations to drill in the Black Warrior Basin in Alabama. It also operates a gas field that is spread across an area of over 500,000 acres in the Permian Basin in Texas. HighMount Exploration and Production drills nearly 95 wells annually in the Michigan Basin in Michigan. Operational since 2007, it manages a staff of approximately 640 employees. The company participates in a variety of community events and programs. HighMount Exploration and Production is a wholly owned subsidiary of Loews Corporation, which is one of the largest holding companies in the United States.