GMX Resources Inc.
One Benham Place
9400 North Broadway Suite 600
Oklahoma City,
OK 73114
United States - Map
Phone: 405-600-0711
Fax: 405-600-0722
Web Site: http://www.gmxresources.com
| GMX Resources, Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas in Texas, Louisiana, and New Mexico. The company’s drilling, development, and production activities primarily focus on the Cotton Valley Sands in the Sabine Uplift of the Carthage, North Field of Harrison and Panola counties of east Texas. As of December 31, 2007, it had proved reserves of 434.5 billion cubic feet of natural gas equivalent and 167 net producing wells. GMX Resources, Inc. also has a joint development agreement with Penn Virginia Oil & Gas, L.P. for the development of properties. The company was founded in 1998 and is headquartered in Oklahoma City, Oklahoma. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Ken L. Kenworthy Jr., 51
Co-Founder, Chairman, Chief Exec. Officer and Pres |
$
450.00K | N/A | Mr. Ken L. Kenworthy Sr., 73
Co-Founder, Consultant |
$
450.00K | N/A | Mr. Gary D. Jackson , 57
VP of Land |
N/A
| N/A | Mr. James A. Merrill , 39
Chief Financial Officer, Principal Accounting Officer, Sec. and Treasurer |
N/A
| N/A | Mr. Richard Q. Hart Jr., P.E., 51
VP of Operations |
N/A
| N/A |
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Dollar amounts are as of
31-Dec-07
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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1.49% Nasdaq 
0.27%
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