The Board of Directors of GMX Resources has elected Thomas G. Casso to fill a newly-created position on the Company's Board of Directors. Mr. Casso, age 52, serves as a senior officer of Toni Brattin & Co, Inc., a privately held international marketing firm. He previously served as the Executive Director of the Catholic Foundation of Oklahoma, a philanthropic foundation from 2005 to 2009. Prior to that, Mr. Casso was Executive Vice President/General Manager and co-owner of Bryson, Inc., an Anheuser-Busch beer wholesaler. Mr. Casso has significant experience in operations, administration and finance. Mr. Casso holds a Bachelor's degree in Marketing and a Master's degree in Business Administration -- Finance from the University of Missouri - St. Louis.
The Company's Board of Directors has appointed Mr. Casso to its Audit and Nominating/Corporate Governance Committees, effective as of the Company's next Board of Directors meeting.
As previously announced the Company's Board of Directors, unanimously elected Michael G. Cook to its Board of Directors at the Company's March 12, 2010 meeting. Mr. Cook, age 65, is the principal owner of Cook Energy LLC, a privately held energy investment firm. He has extensive experience with oil and natural gas firms, including prior employment as an executive officer of three different exploration and production companies with responsibilities in administration, finance, operations and engineering. Mr. Cook received a Bachelor's degree in Geology from the University of Iowa in 1969. Mr. Cook was appointed to the Audit and Compensation Committees.
Both Mr. Cook and Mr. Casso are independent according to the director independence standards of the New York Stock Exchange as currently in effect.
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