Leadership shuffleGMX Resources CEO Kenworthy resigns; energy consultant Baggett hired to lead company through bankruptcy process Ray Tyson Petroleum News Bakken
Ken Kenworthy Jr. has resigned as chairman and chief executive officer of financially beleaguered GMX Resources, which filed for Chapter 11 bankruptcy protection earlier this year.
Kenworthy, also a GMX co-founder, was replaced by energy consultant David Baggett, appointed by the board of directors....
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Purchase price established Low oil prices cited
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