Current GMXR Stock Info

GMX Resources (ticker: GMXR) entered into a definitive purchase and sale agreement with a private third party to sell certain interests in specified operated and non-operated properties in East Texas and Louisiana assets for approximately $69.0 million. The assets include primarily Cotton Valley Sands and shallow rights.

GMXR will retain its entire Haynesville/Bossier (H/Bz) resource base, as well as Cotton Valley Sands and shallow rights across approximately 13,130 net acres that include 10 producing wells and 28 undeveloped horizontal locati...


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