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GMX Resources announces entry into plan support agreement


Published Oct 7, 2013
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GMXR adds additional 'Haynesville'/Bossier Shale acreage

GMX Resources is an oil and gas exploration and production Company with assets in the Williston Basin, Denver Julesburg (DJ) Basin and East Texas Basin.

As previously reported, on April 1, 2013, the Company filed a voluntary petition (In re: GMX Resources Inc., Debtor, Case No. 13-11456) for reorganization under chapter 11 of title 11 of the U.S. Code (the "Bankruptcy Code") in the Bankruptcy Court for the Western District of Oklahoma (the "Bankruptcy Court").

Two of the Company's subsidiaries, Diamond Blue Drilling Co. and Endeavor Pipeline Inc. (collectively with the Company, the "Debtors"), also filed related petitions with the Bankruptcy Court (Case Nos. 13-11457 and 13-11458, respectively). The Company's petition and its subsidiaries' petitions are referred to herein collectively as the "Bankruptcy Case."

Tags: GMX Resources Inc.




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