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GMX Resources Seeking JV For Its Haynesville, Bossier, Cotton Valley Acreage

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January 21, 2011

GMX Resources is seeking joint-venture partners in each of its Haynesville/Bossier shale and Cotton Valley sands undeveloped acreage positions, the company revealed in its year-end report.

Michael J. Rohleder, GMX Resources president says, "Our interest in exploring these ideas would be to address our liquidity needs for our proposed capital expenditure plans for 2011 and 2012, ...

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