Reuters: Bankruptcy News: GMX Resources files for bankruptcy

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

GMX Resources files for bankruptcy Apr 1st 2013, 13:46 April 1 | Mon Apr 1, 2013 9:46am EDT April 1 (Reuters) - Oil and gas producer GMX Resources Inc said it had filed for Chapter 11 bankruptcy protection, hit by weak natural gas prices. The company, which has assets in the Williston basin, East Texas basin and Denver Julesburg basin, said it had been unsuccessful in raising funds to meet its long-term liquidity needs.

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