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Published on 10/27/2009 in the Prospect News Special Situations Daily.

Centennial Energy buys 60,000 shares of GMX Resources for 8.06% stake

By Lisa Kerner

Charlotte, N.C., Oct. 27 - A group of GMX Resources, Inc. shareholders led by Centennial Energy Partners, LLC bought 60,000 shares on Monday for $15.36 each, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

Centennial beneficially owns 2,601,071 shares, or 8.06%, of the Oklahoma City-based independent oil and gas exploration and production company.


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