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GMX Resources (GMXR) +4.1% AH after estimating its Q1 production was 596K BOE, with natural gas...

GMX Resources (GMXR) +4.1% AH after estimating its Q1 production was 596K BOE, with natural gas liquid production 35% above prior guidance. GMX is also guiding for Q2 production of 606K BOE, and 2012 production of 2.37M BOE, and says it hedged "a significant portion of our natural gas production in 2012 and 2013" at higher prices. (PR)
Comments (1)
  • lmfb24
    , contributor
    Comments (3) | Send Message
     
    'significant' can mean anything percentage-wise
    16 Apr 2012, 07:20 PM Reply Like
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