GMX Resources (GMXR) +10.4% premarket after announcing the spudding of an eighth Bakken well in...

|About: GMX Resources Inc. (GMXRQ)|By:, SA News Editor

GMX Resources (GMXR) +10.4% premarket after announcing the spudding of an eighth Bakken well in North Dakota. GMXR has a 50% working interest in the Basaraba 24-35-1H, with a proposed total depth of 20,950 ft. and proposed total vertical depth of 11,221 ft. The well was spud with an Helmerich & Payne (HP) FlexRig 3.