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GMX Resources Inc (fka GMXRQ)

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Last Post: 3/17/2014 11:38:56 AM - Followers: 26 - Board type: Free - Posts Today: 0


GMXR is a ‘Pure Play’, E & P company that has significant Haynesville / Bossier Shale acreage in East Texas and North Louisiana.

The Company has 435 BCFE in proved reserves at December 31, 2007 that are 94% natural gas and as of July 31, 2008, an internally estimated 3.2 TCFE in total 3P reserves which includes 480 net undrilled Haynesville /Bossier 80 acre horizontal locations, 163.9 net Cotton Valley ("CV") producers; and 890 net CV un-drilled locations.

Eight drilling rigs are currently developing the Company’s contiguous, multi-layer gas resource play on the Sabine Uplift; Carthage, North Field, in Panola & Harrison County of East Texas, and Caddo Parish of North Louisiana. The Company has invested $70 million in infrastructure which has contributed to very low finding and development costs. The Company’s properties also have 31 net Travis Peak/Hosston Sands & Pettit producers.

These multiple resource layers provide high probability and repeatable, organic growth with 100% drilling success. The Company, headquartered in Oklahoma City, Oklahoma, has interests in 210 net producing wells and operates 77% of its reserves. The Company’s strategy is to grow shareholder value through acceleration of development, acreage additions that achieve operational growth around its core area, and converting its natural gas reserves to proved, while maintaining a balanced and prudent approach to financial management.





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GMX Resources: Strong Growth Should Continue

GMX Resources: Buy the Cash Cow, Get the Sweet Milk Free

#958   So the Bible said unto ye, take what fung_derf 03/17/14 11:38:56 AM
#957   Cicero1 and co, I lost $40k in GMX pawpawsir 03/16/14 02:30:34 PM
#956   Stopshorthatty, is Judge Hall a major stockholder? They Cicero1 03/12/14 09:56:16 PM
#955   Looks like Thunderbird Resources will be a hum stopshortHatty 03/11/14 06:32:29 PM
#954   Are we supposed to hum along? fung_derf 03/07/14 10:53:16 AM
#953   Any information about the new GMXR company? Cicero1 03/06/14 11:02:36 PM
#952   Lady time 03/06/14 09:33:36 PM
#951   LOL! I'm not ticked. I'm calm now. fung_derf 02/26/14 03:43:26 PM
#950   "Fung-derf", I'm sorry to have ticked you off Cicero1 02/26/14 03:42:21 PM
#949   How many times ya gotta be told, most fung_derf 02/26/14 11:20:02 AM
#948   Anyone had their GMXRQ stock removed from account? Cicero1 02/26/14 08:52:15 AM
#947   They may leave it on the books until fung_derf 02/20/14 05:57:44 PM
#946   So sorry, but I do not believe your Lady time 02/20/14 03:00:33 PM
#945   Exactly! The US trustee voted no for a insighter 02/20/14 12:47:28 PM
#944   My Broker accounts still show my GMXRQ stock Cicero1 02/20/14 11:28:23 AM
#943   Surely the U.S.Trustee's "NO" vote wasn't pawpaw influenced! Cicero1 02/16/14 11:49:31 AM
#942   If you recall, I was one of the sliderider 02/16/14 09:54:32 AM
#941   Why did the Judge rule against U.S.Trustee? Cicero1 02/14/14 06:04:07 PM
#940   More likely, he has one of those calendars fung_derf 02/14/14 12:42:53 PM
#939   9diamond pawpaw or who ever you want to stopshortHatty 02/13/14 09:34:11 PM
#938   9diamond Are you French? Your reference to "bavarder" Lady time 02/13/14 09:28:36 PM
#937   LOL! Is this Rupert? fung_derf 02/13/14 01:31:55 PM
#936   Before I leave, OK, let me answer, jail 9diamond 02/13/14 01:29:57 PM
#935   Before you leave, enlighten us as to why fung_derf 02/13/14 01:25:16 PM
#934   1. Yes, you did select a good quote, 9diamond 02/13/14 01:23:38 PM
#933   BTW, I'm curious about this person in Ohio. fung_derf 02/13/14 01:19:12 PM
#932   Awwwwww....why not? You really should. All the cool fung_derf 02/13/14 01:16:29 PM
#931   Just to be clear, I never listened to Lady time 02/13/14 01:10:10 PM
#930   LOL! You are nuts. I guess she should fung_derf 02/13/14 11:20:40 AM
#929   Now you knew, after doing a dd 9diamond 02/13/14 02:21:11 AM
#928   Attorneys on BOTH SIDES of the gmxrq bankruptcy Lady time 02/12/14 10:00:08 PM
#927   ---- All Is Lost ---- 9diamond 02/12/14 06:45:39 PM
#925   Right! Write! Rite! Lady time 02/11/14 12:09:09 AM
#924   Someone is getting mad as he is now 9diamond 02/10/14 04:02:35 PM
#923   Geez. Are you new to investing? If you fung_derf 02/10/14 11:56:39 AM
#922   Preferred and Commons are both gone. I was stopshortHatty 02/09/14 07:35:11 AM
#921   Okay, fungderf, can you explain in basic English Lady time 02/08/14 11:07:36 PM
#920   I am so confused by all the posts. Lady time 02/08/14 10:57:37 PM
#919   Poor guy, 9diamond 02/08/14 02:41:13 PM
#918   Love that pea-con Pie. stopshortHatty 02/08/14 01:41:06 PM
#917   The stock is a dead issue. Please stop sliderider 02/08/14 12:41:50 PM
#916   You are right this time, I am from 9diamond 02/08/14 01:15:45 AM
#915   9diamond Just curious, are you from a country other Lady time 02/08/14 12:06:20 AM
#914   9diamond Just curious, are you from a country other Lady time 02/08/14 12:06:14 AM
#913   Wow, 2. The judge never wanted you understand what 9diamond 02/07/14 09:40:20 PM
#912   9diamond: Your posting is a bit confusing: Lady time 02/07/14 06:08:51 PM
#911   Man you speak in parable form. Are you fung_derf 02/07/14 03:18:12 PM
#910   I loved people who used common sense to 9diamond 02/07/14 02:51:50 PM
#909   I am afraid I do not understand your Lady time 02/07/14 02:00:11 PM
#908   So you are on sinking ship, even you 9diamond 02/07/14 12:31:01 PM