Wednesday, December 22, 2010

GMX RESOURCES INC. Announces Completion of Borrowing Base Redetermination; Banking Group Reaffirms Existing Borrowing Base an

OKLAHOMA CITY, Dec. 22, 2010 (GLOBE NEWSWIRE) — GMX RESOURCES INC. (NYSE:GMXR) today announced the Company’s bank syndicate, led by Capital One Bank, has reaffirmed the Company’s borrowing base at 0 million after completing their semi-annual redetermination of the borrowing base on the existing 0 million senior secured revolving credit facility.

In addition to reaffirming the [...] http://bit.ly/gO5yHd

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