High pressure xenon ionization chamber detectors are possible alternatives to traditional thallium doped sodium iodide [NaI(Tl)] and hyperpure germanium as gamma-spectrometers in certain applications. Xenon detectors incorporating a Frisch grid exhibit energy resolutions comparable to cadmium/zinc/telluride (CZT) (e.g., 2% @ 662 keV) but with far greater sensitive volumes. The Frisch grid reduces the position dependence of the anode pulse rise-times, but it also increases the detector vibration sensitivity, anode capacitance, voltage requirements and mechanical complexity. We have been investigating the possibility of eliminating the grid electrode in high-pressure xenon detectors and preserving the high energy resolution using electronic rise-time compensation methods. A two-electrode cylindrical high pressure xenon gamma-detector coupled to time-to-amplitude conversion electronics was used to characterize the pulse rise-time of deposited gamma-photons. Time discrimination was used to characterize the pulse rise-time versus photo peak position and resolution. These data were collected to investigate the effect of pulse rise-time compensation on resolution and efficiency.