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EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS, Apr 12, 2010 (BUSINESS WIRE) –EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that it will be releasing first quarter 2010 results on Tuesday, May 4, 2010, after market close.

EXCO will host a conference call on Wednesday, May 5, 2010, at 8:00 a.m. (Dallas time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID#68715658. The conference call will also be webcast on EXCO’s website at www.excoresources.com under the Investor Relations tab. Presentation materials related to this release will be posted on EXCO’s website on Tuesday, May 4, 2010, after market close.

A digital recording will be available starting two hours after the completion of the conference call until 11:59 p.m., May 19, 2010. Please call (800) 642-1687 and enter conference call ID#68715658 to hear the recording. A digital recording of the conference call will also be available on EXCO’s website.

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President

EXCO ResourcesIncreases Quarterly Cash Dividend

DALLAS, Feb 22, 2010 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that its Board of Directors declared a first quarter cash dividend of $0.03 per share, a $0.005 per share (20%) increase from the previous quarterly rate of $0.025 per share. The dividend is payable on March 19, 2010 to holders of record on March 5, 2010.
Douglas H. Miller, EXCO’s Chairman and Chief Executive Officer, commented, “We are pleased to be in a position to increase our quarterly cash dividend. This increase is consistent with our overall goal of maximizing shareholder value.”

Any future declaration of dividends, as well as the establishment of record and payment dates, is subject to the approval of EXCO’s Board of Directors.

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President
www.excoresources.com

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS, Feb 02, 2010 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing fourth quarter 2009 and full year 2009 results on Tuesday, February 23, 2010, after market close.
EXCO will host a conference call on Wednesday, February 24, 2010, at 9:00 a.m. (Dallas time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID#54910096. The conference call will also be webcast on EXCO’s website at www.excoresources.com under the Investor Relations tab. Presentation materials related to this release will be posted on EXCO’s website on Tuesday, February 23, 2010, after market close.

A digital recording will be available starting two hours after the completion of the conference call until 11:59 p.m., March 10, 2010. Please call (800) 642-1687 and enter conference call ID#54910096 to hear the recording. A digital recording of the conference call will also be available on EXCO’s website.

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President
www.excoresources.com

EXCO’s Board Appoints New Director

DALLAS, Feb 01, 2010 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that its Board of Directors has increased the size of the Board from nine members to ten members. The Board also appointed Mark F. Mulhern as a director of EXCO, effective February 1, 2010.

Mr. Mulhern is the chief financial officer of Progress Energy, Inc. and oversees their Financial Services group. He joined Progress Energy in 1996 as vice president and controller. Before joining Progress Energy, Mr. Mulhern was the chief financial officer at Hydra Co Enterprises, the independent power subsidiary of Niagara Mohawk. He also spent eight years at Price Waterhouse in Syracuse, serving a wide variety of manufacturing and service businesses. Mr. Mulhern serves on the EEI Financial Executive Advisory Committee and is on the board of directors of Habitat for Humanity of North Carolina. He is a certified public accountant, a certified management accountant, and a certified internal auditor.

EXCO’s Chairman and Chief Executive Officer, Douglas H. Miller, commented, “We are excited to have Mark Mulhern join the Board. He has significant financial and industry leadership experience and we look forward to his contributions.”

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President
www.excoresources.com

EXCO Resources, Inc. 2010 Marcellus Operations Continuing as Planned

DALLAS, Jan 15, 2010 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) confirmed today that its Marcellus shale exploration and production activities, including drilling, are proceeding as planned with no interruption of its 2010 business goals. According to EXCO’s Chairman and Chief Executive Officer, Douglas H. Miller, “Our business plan for Marcellus shale development is proceeding as we projected. EXCO has drilled several Marcellus shale wells in Pennsylvania. We received all necessary permits and approvals to drill and operate our Marcellus wells, and we now have 60 drilling permits for future operations and continue to receive all such permits in a timely fashion. We have one Marcellus shale drilling rig operating in Pennsylvania today.”
EXCO issued this confirmation in response to some recent media reports that incorrectly suggested EXCO had been directed to cease some of its activities. The reports referred to a letter EXCO received from a local township supervisor in which a concern was raised over the zoning designation of an area where a single EXCO vertical test well was drilled last October. After consulting with the township, EXCO learned that the letter was sent in response to a complaint made by two local residents. EXCO received all necessary permits to drill this well and met with township officials before the well was drilled. Further meetings have been scheduled to discuss the zoning area designation concern raised by these two residents. Because drilling of the well was completed months ago, the township letter has had no impact or effect on that well. EXCO’s Marcellus well drilling and production in other areas of Pennsylvania were completely unaffected by this correspondence.

Chairman and CEO Douglas Miller explained, “Permits to drill and operate Marcellus shale wells in Pennsylvania are under the exclusive authority of the Pennsylvania Department of Environmental Protection. Other aspects of our operations, such as water withdrawal, can also require approvals from the appropriate River Basin Commission. EXCO works closely with all appropriate agencies to ensure all permits and approvals are obtained prior to conducting E&P activities, and every well drilled to date has been fully permitted.”

There are more than 2,500 municipalities in Pennsylvania and many of these local government entities have zoning ordinances that designate conditions for development. However, the Pennsylvania Supreme Court ruled last year that the Pennsylvania Oil and Gas Act preempts municipal/township regulation of oil and gas drilling activities and prevents local government entities from regulating oil and gas E&P activities.

“As we have done from the beginning of our Marcellus shale activities in Pennsylvania, we will continue to work with township officials to provide information about our activities,” said Mr. Miller. “All of our Marcellus shale wells are fully permitted by the Pennsylvania Department of Environmental Protection and all EXCO drilling operations are conducted using proven, safe methods.”

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President
www.excoresources.com

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS–(BUSINESS WIRE)–Jan. 26, 2009–EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing full year 2008 and fourth quarter 2008 results on Tuesday, February 24, 2009, after market close.

EXCO will host a conference call on Wednesday, February 25, 2009, at 11:00 a.m. (Dallas time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID#82871332. The conference call will also be webcast on EXCO’s website at http://www.excoresources.com under the Investor Relations tab. Presentation materials related to this release will be posted on EXCO’s website on Tuesday, February 24, 2009, after market close.

A digital recording will be available starting two hours after the completion of the conference call until 11:59 p.m., March 11, 2009. Please call (800) 642-1687 and enter conference ID# 82871332 to hear the recording. A digital recording of the conference call will also be available on EXCO’s website.

EXCO Resources, Inc. is an oil and natural gas acquisition, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at http://www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

CONTACT: EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President

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Source: EXCO Resources, Inc.

EXCO Resources, Inc. Announces Operations Impact of Explosion at DCP Processing Plant in Carthage, Texas

DALLAS–(BUSINESS WIRE)–Feb. 20, 2009– EXCO Resources, Inc. (NYSE: XCO) reported today that one of its midstream subsidiary’s pipelines leading into the DCP Midstream gas processing plant in Carthage, Texas was damaged in the explosion involving several pipelines at the plant on Wednesday, February 11, 2009. It appears that the explosion and fire originated in an area in which several lines converged, including EXCO’s line. We are working with DCP and other affected pipeline companies to investigate this incident. EXCO and its insurance carriers are participating in an assessment of total damages arising from this incident. EXCO’s midstream operations were initially slightly impacted, but have been operating at full capacity since Tuesday, February 17, 2009. There has been an immaterial impact on EXCO’s upstream production operations.

EXCO Resources, Inc. is an oil and natural gas acquisition, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at http://www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Stephen F. Smith, (214) 368-2084
President

Home

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS, Apr 17, 2009 (BUSINESS WIRE) — EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing first quarter 2009 results on Tuesday, May 5, 2009, after market close.
EXCO will host a conference call on Wednesday, May 6, 2009, at 9:00 a.m. (Dallas time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID#95952874. The conference call will also be webcast on EXCO’s website at http://www.excoresources.com under the Investor Relations tab. Presentation materials related to this release will be posted on EXCO’s website on Tuesday, May 5, 2009, after market close.

A digital recording will be available starting two hours after the completion of the conference call until 11:59 p.m., May 20, 2009. Please call (800) 642-1687 and enter conference ID# 95952874 to hear the recording. A digital recording of the conference call will also be available on EXCO’s website.

EXCO Resources, Inc. is an oil and natural gas acquisition, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at http://www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

SOURCE: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman
or
Stephen F. Smith, 214-368-2084
President

Home

EXCO Resources, Inc. Announces $2.475 Billion Borrowing Base Commitment Reaffirmation

DALLAS–(BUSINESS WIRE)–Apr. 20, 2009– EXCO Resources, Inc. (NYSE: XCO) today announced that its bank group completed a semi-annual review of the borrowing bases under its revolving credit agreements. The lenders reaffirmed the aggregate borrowing base commitments under the EXCO Resources, Inc. revolving credit agreement and the EXCO Operating Company, LP revolving credit agreement of $1.175 billion and $1.3 billion, respectively, resulting in an aggregate borrowing base equal to $2.475 billion. The credit facilities are provided by a syndicate of 34 banks led by JP Morgan Chase Bank, N.A. In connection with the reaffirmation, EXCO agreed to amend each of the credit facilities to provide a 75 basis point increase to the interest rate spread. With respect to any Eurodollar loan, the interest rate spread previously ranged from 100 to 175 basis points and now ranges from 175 to 250 basis points depending upon borrowing base usage. With respect to any alternate base rate loan, the interest rate spread previously ranged from 0 to 75 basis points and now ranges from 75 to 150 basis points depending upon borrowing base usage. The maturity date for each of the credit facilities is March 30, 2012.

Douglas H. Miller, EXCO’s Chief Executive Officer commented, “EXCO’s growth over the last several years would not have been possible without the support of our bank group. Their continued support during these uncertain times, as evidenced by this reaffirmation, is truly appreciated.”

EXCO Resources, Inc. is an oil and natural gas acquisition, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s President, Stephen F. Smith, at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO’s website at http://www.excoresources.com. EXCO’s SEC filings and press releases can be found under the Investor Relations tab.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Stephen F. Smith, 214-368-2084
President

EXCO Resources, Inc. to Unveil Compressed Natural Gas Vehicle Fueling Facility with Special Guest T. Boone Pickens

Compressed Natural Gas Facility Built in Vernon Field Near Chatham, Louisiana
DALLAS–(BUSINESS WIRE)–May. 4, 2009– EXCO Resources, Inc. (NYSE: XCO) announced today it will be unveiling a newly constructed compressed natural gas vehicle fueling facility at its Vernon Field site located near Chatham, Louisiana on Friday, May 8, 2009 at 11:15 a.m. EXCO Board Member T. Boone Pickens will be attending this event and will be speaking about the Pickens Plan, his proposal for improving U.S. energy independence through the use of alternative energy sources, including natural gas.

Mr. Pickens is the architect of the Pickens Plan aimed at reducing America’s increasing dependence on foreign oil. The plan calls for a comprehensive energy plan that would make better use of our abundant natural resources, including natural gas, wind and solar power. He has called foreign oil dependence — America imports nearly 70 percent of its oil — the greatest economic and national security threat facing our nation. More than 1.5 million Americans have joined this movement through his web site, www.pickensplan.com.

In early 2008, EXCO management decided to convert its fleet of trucks in the EXCO-operated Vernon Natural Gas Field in Jackson Parish to utilize compressed natural gas rather than gasoline or diesel for truck fuel. Doug Miller, Chairman and CEO of EXCO Resources, Inc. said, “We built our new compressed natural gas fueling station to utilize our locally-produced natural gas for our fleet. Compressed natural gas burns cleaner than gasoline, diesel or propane and we are dedicated to doing our part to help the environment.”

EXCO’s compressed natural gas vehicle fueling facility is the first of its kind to be built in a four state area in over 10 years and illustrates its commitment to finding innovative alternative fuel sources for its ongoing operations.

About EXCO Resources, Inc.

EXCO Resources, Inc. is an oil and natural gas acquisition, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, Louisiana, Ohio, Oklahoma, Pennsylvania and West Virginia.

This event is by invitation only. For more information or for interview opportunities, please contact Jeff Smith/Smith & Sacco Public Relations at 713/627-8777 or tourtell@sbcglobal.net.

DIRECTIONS TO EXCO CNG FACILITY

From Shreveport, LA:

Take I-20 Eastbound towards Monroe, LA
Take Exit 93, Choudrant/Sibley
Take Right on LA-145 towards Choudrant
Continue on LA-145 until you come to a “T” intersection with LA-146 (8 miles)
Take Left on LA-146 towards Chatham until you come to a “T” intersection with LA-4 (15.8 miles)
Take right on LA-4 towards Jonesboro, proceed 3.5 miles
Take right onto Ramsey Hill Rd. at EXCO Caney Lake Plant sign
Proceed 0.6 miles to arrive at Plant Location

From Alexandria, LA:

Take LA-167 North towards Jonesboro
Take Right on LA-4 in Jonesboro towards Chatham
Travel 12 miles, turn left onto Ramsey Hill Rd. at EXCO Caney Lake Plant sign
Proceed 0.6 miles to arrive at plant location
Source: EXCO Resources, Inc.

Smith & Sacco Public Relations
Jeff Smith, 713-627-8777
tourtell@sbcglobal.net