================================================================================

                          U.S. SECURITIES AND EXCHANGE
                           COMMISSION WASHINGTON, D.C.
                                      20549


                                  FORM 10-KSB/A

                                 AMENDMENT NO. 1


          [X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
               EXCHANGE ACT OF 1934

               For the fiscal year ended December 31, 2005


          [_]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
               EXCHANGE ACT OF 1934

               For the transition period from _____________ to _____________


                        Commission file number 000-32325




                               GMX RESOURCES INC.
                 ----------------------------------------------
                 (Name of small business issuer in its charter)


        OKLAHOMA                                                73-1534474
----------------------------                                 ----------------
(State or other jurisdiction                                 (I.R.S. Employer
    of incorporation)                                       Identification No.)


          9400 North Broadway, Suite 600, Oklahoma City, Oklahoma 73114
          -------------------------------------------------------------
                    (Address of principal executive offices)


(Issuer's Telephone Number)      (405) 600-0711


Securities registered under Section 12(b) of the Exchange Act:     NONE

Securities registered under Section 12(g) of the Exchange Act:

                         COMMON STOCK, $0.001 PAR VALUE
                         ------------------------------
                                (Title of Class)



Check whether the issuer is not required to file reports pursuant to Section 13
or 15(d) of the Exchange Act [_].

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.  [X] Yes   [_] No

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [_]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 126 of the Exchange Act). [_] Yes   [X] No

The issuer's revenue for the year ended December 31, 2005 was $19,192,704.

The aggregate market value of the voting and non-voting common equity held by
non-affiliates on March 23, 2006 was $390.8 million. This amount was computed
using closing price of the issuer's common stock on March 23, 2006 on the NASDAQ
National Market.

As of March 28, 2006, the issuer had outstanding a total of 11,192,467 shares of
its $0.001 par value Common Stock.

Documents incorporated by reference - NONE

Transitional Small Business Disclosure Format (Check one):  Yes [_]   No [X]

================================================================================
<PAGE>
                                EXPLANATORY NOTE

This Amendment on Form 10-KSB/A constitutes Amendment No. 1 to the registrant's
Annual Report on Form 10-KSB for the period ended December 31, 2005, which was
filed with the SEC on March 31, 2006. The sole purpose of this Amendment No. 1
is to refile Exhibit 32.1 which was inadvertently signed by the Chief Financial
Officer instead of the Chief Executive Officer.





                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.



                                            GMX RESOURCES INC.


Dated:   April 7, 2006                      By: /s/ Ken L. Kenworthy, Jr.
                                                --------------------------------
                                                Ken L. Kenworthy, Jr., President


         Pursuant to the requirement of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.
<TABLE><CAPTION>

      SIGNATURES                               TITLE                          DATE
-------------------------    -----------------------------------------    -------------
<S>                          <C>                                          <C>

/s/ Ken L. Kenworthy, Jr.    President and Director                       April 7, 2006
-------------------------    (Principal Executive Officer)
Ken L. Kenworthy, Jr.



/s/ Ken L. Kenworthy, Sr.    Executive Vice President, Chief Financial    April 7, 2006
-------------------------    Officer and Director (Principal Financial
Ken L. Kenworthy, Sr.        and Accounting Officer)



/s/ T. J. Boismier           Director                                     April 7, 2006
-------------------------
T. J. Boismier



/s/ Steven Craig             Director                                     April 7, 2006
-------------------------
Steven Craig



/s/ Jon W. McHugh            Director                                     April 7, 2006
------------------
Jon W. McHugh


</TABLE>