GMX axes capex budget

Oklahoma independent GMX Resources said it will reduce capital spending this year, which will lower its production outlook but it bought additional acreage in the Haynesville/Bossier shale play.

Chopped: GMX cuts capital budget for year.
Chopped: GMX cuts capital budget for year.
Published 9 March 2009, 20:14Updated 11 October 2016, 09:25