GMX Resources says that the Board of Directors of GMXR has appointed Mr. Michael J. Rohleder as President; Mr. Timothy L. Benton, Vice President of Geosciences; and Mr. Harry C. Stahel, Jr., Vice President of Finance. Mr. Ken Kenworthy, Jr. will remain Chairman and CEO, and Mr. James A. Merrill will remain CFO, Secretary and Treasurer.

Mr. Rohleder has served as Executive Vice President of GMXR for the past fifteen months focused on corporate development, investor relations and strategic growth and planning. Mr. Rohleder brings over 20 years of executive management experience to the GMXR team with an emphasis in financing, corporate development and leadership. Prior to joining GMXR, Rohleder served as the Sr. Vice President of Worldwide Sales and Marketing for ON Semiconductor, a $1.5b semiconductor manufacturer (formerly the Motorola Semiconductor Components Division). From 1991 to 1999 he was CEO of MEMEC North America, an international wholesaler of semiconductor components, which was a division of VEBA AG. During his tenure at MEMEC the company grew organically and through acquisition from $18 mm per year in sales to over $2.5b.

Mr. Benton has been responsible for engineering and geological characterization work of the company's assets since 2005. Prior to coming to GMXR he worked in reservoir, completion and production positions with Gulf Oil Corporation, Texas Pacific Oil Company, Long, Atteberry & Associates and as an independent consultant. Mr. Benton is a Registered Professional Engineer in the state of Oklahoma. He is a Member of the Society of Petrophysicists & Well Log Analysts and the Society of Petroleum Engineers. As a consultant, Mr. Benton provided engineering and geological studies for many U.S. based oil and gas producers. This work included expert witness testimony, prospect evaluations, acquisitions/divestitures, and property economics and generalized field engineering/geological studies. Mr. Benton has developed software for gas reservoir simulation, petrophysics, fracture stimulation design, geological mapping, pressure transient analysis, pressure maintenance, economics, and risk analysis. He is a Tau Beta Pi and Pi Epsilon Tau Outstanding Senior graduate from the University of Oklahoma earning a B.S. in Petroleum Engineering and completed post graduate work in fracture stimulation design, pressure transient analysis, fluid flow through porous media and advanced engineering mathematics.

Mr. Stahel joins GMXR after more than eighteen years in the energy industry including Finance and Treasury roles at Aquila, Inc. that were primarily centered on finance, acquisitions and the creation of joint ventures. During his tenure as Finance Director of Aquila, Mr. Stahel spent three years in the company's London office and five years at the company's headquarters in Kansas City. He spent the last five years at OG&E/Enogex, first as Director of Finance for Enogex and then as the Director of Business Development-Finance. In his different roles at Enogex, Mr. Stahel led the finance function, and participated in strategy development, greenfield project development, and the divestiture of a number of pipeline assets; he also provided financial support for various public transactions. Mr. Stahel also worked for Arthur Andersen & Company for five years, is a Certified Public Accountant and graduated with honors from Washington and Lee University with a Bachelor of Science degree in Finance and Accounting.

Ken Kenworthy, Jr. commented, "All three of these promotions strengthen and broaden our executive management team, greatly enhancing our growth potential for the company. As we move into a better economic environment our business plan is to increase development of our Haynesville/Bossier horizontal resources, grow our inventory of operated locations and restart our Cotton Valley Sands development. These key people will position us again for growth leadership in our E & P sector."

Tags: GMX Resources Inc.