DALLAS–(BUSINESS WIRE)–Apr. 11, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has priced an underwritten offering of $500.0 million aggregate principal amount of 8.500% Senior Notes due 2022 (the “Notes”), at a price equal to 100% of principal amount. EXCO expects to receive net proceeds of approximately $490.0 million from the offering, after deducting discounts to the underwriters and estimated offering expenses. EXCO intends to use the net proceeds from the offering to repay all outstanding amounts under the term loan, and the remainder will be used to reduce the revolving commitment under EXCO’s Amended and Restated Credit Agreement. EXCO expects to close the sale of the Notes on or about April 16, 2014, subject to the satisfaction of customary closing conditions.

J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and BMO Capital Markets Corp. are acting as joint book-running managers for the Notes offering. The Notes offering is being made only by means of a prospectus supplement and accompanying base prospectus, electronic copies of which may be obtained from the Securities and Exchange Commission’s website at www.sec.gov. Alternatively, the underwriters will arrange to send copies upon request to:

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Director of Finance and Investor Relations and Treasurer, 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.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the Notes referred to above. An offering of any such securities will be made only by means of a prospectus. Any such prospectus shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This release may contain forward-looking statements relating to future financial results, business expectations and business transactions. There can be no assurance that this transaction will proceed as described in this release. Actual results may differ materially from those predicted as a result of factors over which EXCO has no control. Such factors include, but are not limited to: the closing of the Notes offering, the estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors are included in EXCO’s prospectus supplement and accompanying base prospectus, and additional information and risk factors are included in EXCO’s reports on file with the Securities and Exchange Commission. Except as required by applicable law, EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Apr. 4, 2014– EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing first quarter 2014 results on Tuesday, April 29, 2014, after market close.

EXCO will host a conference call on Wednesday, April 30, 2014 at 9:00 a.m. (Central 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# 24918633. 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 prior to the conference call.

A digital recording will be available starting two hours after the completion of the conference call until May 14, 2014. Please call (800) 585-8367 and enter conference call ID# 24918633 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 Texas, North Louisiana and Appalachia.

Additional information about EXCO Resources, Inc. may be obtained by contacting Chris Peracchi, EXCO’s Director of Finance and Investor Relations and Treasurer 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.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Mar. 10, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that EXCO’s Board of Directors appointed Richard A. Burnett as EXCO’s Chief Accounting Officer, effective March 10, 2014. Mr. Burnett has served as EXCO’s Vice President of Special Projects since he joined the company in November 2013.

Prior to Mr. Burnett’s appointment, Mark F. Mulhern served as EXCO’s interim Chief Accounting Officer. Mr. Mulhern will continue to serve as EXCO’s Executive Vice President and Chief Financial Officer.

Jeff Benjamin, EXCO’s chairman, commented, “We are pleased that Ricky Burnett is taking on the role of Chief Accounting Officer at EXCO. Ricky’s extensive public accounting and industry expertise make him a natural fit as EXCO’s new Chief Accounting Officer.”

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Director of Finance and Investor Relations and Treasurer, 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.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Mar. 10, 2014– EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that its Board of Directors declared a first quarter cash dividend of $0.05 per share. The dividend is payable on March 31, 2014 to holders of record on March 20, 2014.

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, acquisition, development and production company headquartered in Dallas, Texas with principal operations in Texas, North Louisiana and Appalachia.

Additional information about EXCO may be obtained by contacting Chris Peracchi, Director of Finance and Investor Relations and Treasurer, 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.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer

DALLAS–(BUSINESS WIRE)–Jan. 27, 2014– EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing fourth quarter and full year 2013 results on Tuesday, February 25, 2014, after market close.

EXCO will host a conference call on Wednesday, February 26, 2014, at 9:00 a.m. (Central 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# 43723853. 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 25, 2014, after market close.

A digital recording will be available starting two hours after the completion of the conference call until March 12, 2014. Please call (800) 585-8367 and enter conference call ID# 43723853 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 Texas, North Louisiana and Appalachia.

Additional information about EXCO Resources, Inc. may be obtained by contacting Chris Peracchi, EXCO’s Director of Finance and Investor Relations and Treasurer 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.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Jan. 17, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced the closing of its previously announced $273 million rights offering and related transactions under exercise commitment agreements with certain shareholders of the Company (the “Investment Agreements”).

Of the approximately 54.5 million total shares of common stock issued, approximately 28.2 million shares were issued in the rights offering and approximately 19.6 million shares and 6.7 million shares were issued to affiliates of WL Ross & Co. LLC and affiliates of Hamblin Watsa Investment Counsel Ltd., respectively, under their respective Investment Agreements. After giving effect to the rights offering and the Investment Agreements, EXCO has 272,820,969 shares of common stock outstanding.

Jeffrey D. Benjamin, EXCO’s Non-Executive Chairman of the Board, commented, “We are very pleased by the support of our existing shareholders and their participation has helped strengthen EXCO.”

The largest three shareholders of EXCO common stock, directly or through certain affiliates, after giving effect to the rights offering and the related transactions under the Investments Agreements are:

EXCO received net proceeds of approximately $272 million, after deducting estimated expenses. The Company used approximately $28.9 million of the proceeds to fully repay indebtedness related to the Asset Sale Requirement under the EXCO Resources Credit Agreement and approximately $243.2 million of the proceeds to repay indebtedness related to the revolving commitment under the EXCO Resources Credit Agreement. Elimination of the Asset Sale Requirement reduced the interest rate on the revolving commitment by 1%.

After giving effect to the rights offering and the related transactions under the Investment Agreements, the available borrowing base on the revolving commitment under the EXCO Resources Credit Agreement is $900.0 million with approximately $491.8 million of outstanding indebtedness and approximately $401.4 million of unused borrowing base, net of letters of credit.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the securities under the securities laws of such state or jurisdiction.

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Director of Finance and Investor Relations and Treasurer, 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.

This release may contain forward-looking statements relating to future financial results, business expectations and business transactions. There can be no assurance that this transaction will proceed as described in this release. Actual results may differ materially from those predicted as a result of factors over which EXCO has no control. Such factors include, but are not limited to: the completion of the rights offering and transactions contemplated thereby, the estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors are included in the Company’s final prospectus included as a part of the registration statement, and additional information and risk factors are included in EXCO’s reports on file with the Commission. Except as required by applicable law, EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Director of Finance and Investor Relations and Treasurer

DALLAS–(BUSINESS WIRE)–Dec. 15, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that its Board of Directors has suspended the cash dividend to provide additional funds to reinvest into the Company.

Jeff Benjamin, EXCO’s chairman commented, “In view of the recent decline in oil prices and oil and natural gas companies’ securities, the Board believes that EXCO’s shareholders will be better served by reinvesting in our business rather than paying a dividend at this time. The Company is currently developing its 2015 budget, allocating capital to the highest risk adjusted return investments. The capital that would have been utilized by the dividend will help unlock additional value from EXCO’s current asset base, particularly with the development of the Shelby natural gas asset in East Texas in 2015.”

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Vice President of Finance and Investor Relations, and Treasurer, 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.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Oct. 31, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today closed the previously announced sale of its 25.5% interest in Compass Production Partners, LP and its 50% interest in Compass Production GP, LLC to an affiliate of Harbinger Group, Inc. (NYSE: HRG) (“Harbinger”) for $118.75 million in cash. The sale had an effective date of August 1, 2014.

EXCO’s cash proceeds were applied to reduce the balance on its revolving commitment under EXCO’s Amended and Restated Credit Agreement (the “EXCO Credit Agreement”). EXCO had $133.7 million of outstanding indebtedness under the revolving commitment of the EXCO Credit Agreement following the application of the cash proceeds.

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Vice President of Finance and Investor Relations, and Treasurer, 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.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Oct. 22, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that the lenders under EXCO’s Amended and Restated Credit Agreement completed their regular semi-annual redetermination of the borrowing base, resulting in an increase in the borrowing base from $875 million to $900 million.

Jeff Benjamin, EXCO’s chairman, commented, “The increase to our borrowing base demonstrates the quality of our assets. This increase, combined with the pending sale of our interest in Compass Production Partners, improves our liquidity and positions us to take advantage of development opportunities within our extensive inventory of drilling locations and to pursue complementary acquisitions.”

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Vice President of Finance and Investor Relations, and Treasurer, 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.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

DALLAS–(BUSINESS WIRE)–Oct. 10, 2014– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it is continuing its search for a new Chief Executive Officer. EXCO is currently in various stages of discussions with candidates. In connection with such search, EXCO may consider acquiring oil and gas entities or properties owned by or affiliated with the candidate who is ultimately selected.

There is no specific timing with respect to the selection of a new CEO or assurance that any of the candidates presently in discussions with EXCO will be selected.

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

Additional information about EXCO may be obtained by contacting Chris Peracchi, Vice President of Finance and Investor Relations, and Treasurer, 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.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com