GMXR owns production leases in two of the most prolific oil resource plays in the United States the Williston Basin and Denver Julesburg (DJ) Basin targeting the Bakken/Sanish-Three Forks Formation and the Niobrara Formation respectively. The Company also operates in the most productive natural gas basin in North America- the Haynesville Shale. These three assets allow us to have the flexibility to allocate capital across commodities and basins to achieve the highest risk-adjusted rate of return. These oil and gas resources provide us a robust inventory of high probability, repeatable, organic growth with over 700 net locations and an 18 year inventory of development.
GMXR Operations will provide you with general information about our areas of operation, facts about natural gas, the Haynesville Shale and a better understanding of horizontal drilling for natural gas.
Letter From the CEO is updated quarterly from our CEO Ken Kenworthy Jr.