GMX Says Oneok Can't Stop Pumping Its Natural Gas

Law360, New York (November 25, 2013, 5:50 PM ET) -- Bankrupt GMX Resources Inc. sued an Oneok Partners LP unit in Oklahoma bankruptcy court Friday, claiming the unit's decision to stop the agreed-upon transport of gas from GMX's wells in North Dakota could cost the company $1.35 million a month in oil and gas revenues.

Oil and gas producer GMX urged the Oklahoma bankruptcy judge overseeing its Chapter 11 case to permanently block Oneok Rockies Midstream LLC's decision to convert a natural gas gathering pipeline to a high-pressure line. Oneok, which inked an agreement to buy...
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