GMX Resources (GMXR) agrees to sell a portion of its East Texas and Louisiana assets to an...

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

GMX Resources (GMXR) agrees to sell a portion of its East Texas and Louisiana assets to an unnamed third party for $69M. GMXR will retain its entire Haynesville/Bossier natural gas resource base and other locations within its East Texas core position.