Category Archives: Uncategorized

EXCO Resources, Inc. Announces Changes to Senior Management and Board of Directors, 2014 Capital Budget and Declares Quarterly Cash Dividend

DALLAS–(BUSINESS WIRE)–Nov. 21, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that Douglas H. Miller has resigned from his positions as Chairman of the Board and Chief Executive Officer as well as from EXCO’s Board of Directors effective as of November 20, 2013. The Board of Directors has appointed Jeffrey D. Benjamin, a long-time investor in EXCO and an independent member of EXCO’s Board of Directors, to serve as Non-Executive Chairman of the Board of Directors. Mr. Benjamin has extensive knowledge of EXCO and its business, having served on the Board since October 2005 and prior to that from 1998 through 2003. Mr. Benjamin is also currently a director of Caesars Entertainment Corporation, Chemtura Corporation and Chairman of the Board of Spectrum Group International, Inc.

Mr. Benjamin stated, “Since Mr. Miller led the group that acquired control of EXCO in 1997, his contributions to the organization have been significant. The entire Board extends their sincere gratitude and appreciation to Mr. Miller, along with best wishes for the future. The Board has initiated a search to identify EXCO’s next Chief Executive Officer. The search process will include a full review of both internal and external candidates.”

The Board of Directors has approved a capital budget of up to $368 million for 2014 activities. The details of the capital budget will be provided at EXCO’s analyst meeting on December 10, 2013.

The Board of Directors also declared a fourth quarter cash dividend of $0.05 per share. The dividend is payable on December 16, 2013 to holders of record on December 2, 2013. 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 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. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. 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

EXCO Resources, Inc. Announces Closing of TGGT Holdings, LLC Sale

DALLAS–(BUSINESS WIRE)–Nov. 18, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that its wholly-owned subsidiary, EXCO Operating Company, LP (“EOC”), and an affiliate of BG Group plc (”BG Group”) have conveyed 100% of the equity interest in TGGT Holdings, LLC (“TGGT”) to Azure Midstream Holdings LLC (“Azure”) for an aggregate sales price of approximately $910 million, of which approximately $875 million was cash and the remaining portion was in the form of an approximate 7% equity interest in Azure split equally between EXCO and BG Group, subject to post-closing adjustments and customary terms and conditions.

EXCO received cash proceeds of approximately $240 million after repayment of TGGT’s credit agreement. EXCO’s cash proceeds were applied to reduce the asset sale tranche under its credit agreement.

EXCO 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. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. 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

EXCO Resources, Inc. Announces Execution of Definitive Agreement to Sell TGGT Holdings, LLC

DALLAS–(BUSINESS WIRE)–Oct. 17, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that its wholly-owned subsidiary, EXCO Operating Company, LP (“EOC”), and an affiliate of BG Group plc (“BG Group”) have entered into a definitive agreement to convey 100% of the equity interest in TGGT Holdings, LLC (“TGGT”) to Azure Midstream Holdings LLC (“Azure”) for an aggregate sales price of approximately $910 million, of which approximately $875 million will be in cash and the remaining portion will be in the form of an approximate 8% equity interest in Azure (“Equity Interest”) split equally between EXCO and BG Group, subject to closing adjustments and customary terms and conditions.

EXCO expects to receive net cash proceeds of approximately $230 million after TGGT pays off its credit agreement and net of transaction costs and closing adjustments. The cash proceeds will be used to reduce the asset sale tranche under EXCO’s credit agreement. EXCO anticipates completing the transaction in the fourth quarter of 2013.

Douglas H. Miller, EXCO’s Chairman and Chief Executive Officer, stated, “We are pleased to have reached this agreement with Azure and look forward to a long-term relationship in the East Texas and North Louisiana area.”

Goldman, Sachs & Co. served as financial advisor to EXCO, and Morgan Stanley served as financial advisor to BG Group.

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, 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. Business plans may change as circumstances warrant. The conditions to closing the transaction contemplated by the definitive agreement may not be met or the anticipated proceeds from the proposed transaction may not be fully realized. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. 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

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS–(BUSINESS WIRE)–Oct. 8, 2013– EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing third quarter 2013 results on Tuesday, October 29, 2013, after market close.

EXCO will host a conference call on Wednesday, October 30, 2013, 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# 77148587. 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 October 29, 2013, after market close.

A digital recording will be available starting two hours after the completion of the conference call until November 13, 2013. Please call (800) 585-8367 and enter conference call ID# 77148587 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

EXCO Resources, Inc. Declares Quarterly Cash Dividend

DALLAS–(BUSINESS WIRE)–Sep. 11, 2013– EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced that its Board of Directors declared a third quarter cash dividend of $0.05 per share. The dividend is payable on September 30, 2013 to holders of record on September 23, 2013.

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 Texas, North Louisiana and Appalachia.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO’s Chairman, Douglas H. Miller, its President and Chief Operating Officer, Harold L. Hickey, or its Executive Vice President and Chief Financial Officer, Mark F. Mulhern, 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
Harold L. Hickey, 214-368-2084
President and Chief Operating Officer
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and Chief Financial Officer
www.excoresources.com

EXCO Resources, Inc. Announces Closing of Eagle Ford Acquisition

DALLAS–(BUSINESS WIRE)–Jul. 31, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has closed its previously announced acquisition of producing and undeveloped oil and gas assets in the Eagle Ford shale formation (“Eagle Ford”) from subsidiaries of Chesapeake Energy Corporation for total consideration of approximately $685 million in cash, subject to customary post-closing purchase price adjustments. The acquisition had an effective date of April 1, 2013.

EXCO financed the Eagle Ford acquisition under the Company’s recently amended and restated credit agreement which has an initial $1.6 billion borrowing base. The initial borrowing base includes a $1.3 billion revolving facility and a $300 million term loan. The term loan portion of the facility is expected to be replaced with a new term loan containing terms and conditions customary for a transaction of this nature. The credit agreement provides that the initial borrowing base will be reduced by $400 million through the sale of certain selected assets during the next twelve months.

In connection with the closing, EXCO entered into a Participation Agreement with entities advised by or affiliated with Kohlberg Kravis Roberts & Co. L.P. (collectively, “KKR”), including KKR Financial Holdings LLC (NYSE:KFN), and sold an undivided 50% interest in the undeveloped acreage EXCO acquired for approximately $131 million in cash, after preliminary closing adjustments. Proceeds from the sale of properties under the KKR agreement were used to reduce outstanding borrowings under the EXCO Resources Credit Agreement. After giving effect to the acquisition and the KKR payment, the Credit Agreement’s initial borrowing base and the $400 million asset sale requirement were reduced by $131 million and approximately $1.3 billion is currently outstanding.

The Participation Agreement provides that EXCO and KKR will jointly fund future development costs. With respect to each well drilled, EXCO will assign half of its undivided 50% interest in such well to KKR such that KKR will fund and own 75% of each well drilled and EXCO will fund and own 25% of each well drilled. When each quarterly tranche of wells drilled has been on production for one year, EXCO has the right to offer to purchase KKR’s 75% working interest at fair market value, subject to specific well criteria and return hurdles. With respect to the first year (first four quarters) of the development program, EXCO would make its first offer for wells that have been online for one year during the fourth quarter of 2014. The parties have agreed on approximately 300 identified locations to be drilled over a five year period.

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 EXCO’s Chairman and Chief Executive Officer, Douglas H. Miller, or its President and Chief Operating Officer, Harold L. Hickey, or its Executive Vice President and Chief Financial Officer, Mark F. Mulhern, 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. Business plans may change as circumstances warrant. In addition, the anticipated benefits from the transactions may not be fully realized. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman and Chief Executive Officer
or
Harold L. Hickey, 214-368-2084
President and Chief Operating Officer
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and Chief Financial Officer

EXCO Resources, Inc. Announces Closing of Haynesville Acquisition

DALLAS–(BUSINESS WIRE)–Jul. 12, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has closed its previously announced acquisition of producing and undeveloped oil and gas assets in the Haynesville shale formation (“Haynesville”) from subsidiaries of Chesapeake Energy Corporation for total consideration of approximately $288 million in cash, subject to customary post-closing purchase price adjustments. The acquisition had an effective date of January 1, 2013.

EXCO financed the Haynesville acquisition under the Company’s existing credit agreement. The Haynesville acquisition is subject to an affiliate of BG Group plc.’s preferential right to acquire 50% of the Haynesville properties.

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 and Chief Executive Officer, Douglas H. Miller, or its President and Chief Operating Officer, Harold L. Hickey, or its Executive Vice President and Chief Financial Officer, Mark F. Mulhern, 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. Business plans may change as circumstances warrant. In addition, the conditions to closing the transactions contemplated by the definitive purchase agreements may not be met or the anticipated benefits from the proposed transactions may not be fully realized. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman and Chief Executive Officer
or
Harold L. Hickey, 214-368-2084
President and Chief Operating Officer
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and Chief Financial Officer
www.excoresources.com

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS–(BUSINESS WIRE)–Jul. 9, 2013– EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing second quarter 2013 results on Monday, August 5, 2013, after market close.

EXCO will host a conference call on Tuesday, August 6, 2013, 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# 14766051. 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 Monday, August 5, 2013, after market close.

A digital recording will be available starting two hours after the completion of the conference call until August 20, 2013. Please call (800) 585-8367 and enter conference call ID# 14766051 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 and CEO, Douglas H. Miller, or President and COO, Hal Hickey, or Executive Vice President and CFO, Mark F. Mulhern, 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 and CEO
or
Hal Hickey, 214-368-2084
President and COO
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and CFO
www.excoresources.com

EXCO Resources, Inc. Announces $1 Billion Acquisition of Eagle Ford and Haynesville Assets

DALLAS–(BUSINESS WIRE)–Jul. 3, 2013– EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced that it has entered into definitive agreements to acquire producing and undeveloped oil and gas assets in the Eagle Ford and Haynesville shale formations (“Eagle Ford” and “Haynesville”, respectively) for an aggregate purchase price of approximately $1 billion, subject to closing adjustments and customary terms and conditions, from subsidiaries of Chesapeake Energy Corporation.

Acquisition Highlights:

  • Eagle Ford
  • Approximately $680 million purchase price
  • Approximately 55,000 net acres
  • Approximately 120 total producing wells including 94 Eagle
  • Ford producing wells
  • Average net production of approximately 6,100 barrels of oil equivalent per day in May
  • Adds approximately 300 identified drilling locations
    Farm-Out option on an additional approximately 147,000 net acres

Haynesville

  • Approximately $320 million purchase price
  • Average net production of approximately 114 million cubic feet of natural gas equivalent per day in May
  • Non-operating interests in 170 EXCO operated wells in EXCO core area
  • Approximately 5,600 net acres
  • Operating interests in 11 operated wells directly offset to EXCO core area
  • Approximately 4,000 net acres

Adds approximately 55 identified drilling locations
Douglas H. Miller, EXCO’s Chairman and Chief Executive Officer, stated “These acquisitions are consistent with our strategy of targeting opportunities in both existing core areas and new plays. The Eagle Ford acquisition establishes our position in the high value oil core area of the Eagle Ford shale, and delivers immediate production and reserve additions, significant resource potential, and solid economic returns. The Haynesville acquisition adds to our leading core position and provides an expanded platform to apply our technical expertise, best-in-class drilling and completion focus, and project execution skills.”

The effective dates of the Eagle Ford and Haynesville acquisitions are April 1, 2013 and January 1, 2013, respectively. EXCO anticipates completing the transactions in July 2013 with the Haynesville acquisition closing first.

EXCO expects to finance the Haynesville acquisition under the Company’s existing credit agreement. The Haynesville acquisition is subject to an affiliate of BG Group plc.’s preferential right to acquire 50% of the Haynesville properties.

EXCO has secured a financing commitment from J.P. Morgan pursuant to which the existing credit agreement will be replaced with a new credit agreement that has an initial $1.6 billion borrowing base, which includes a $400 million bridge loan tranche, and will be utilized to finance the Eagle Ford acquisition. The undeveloped locations in the Eagle Ford are expected to be drilled and developed under a partnership with entities advised by or affiliated with Kohlberg Kravis Roberts & Co. L.P. (collectively, “KKR”), including KKR Financial Holdings LLC (NYSE:KFN). EXCO and KKR have entered into a non-binding Memorandum of Understanding whereby KKR will fund approximately $133 million, which represents 50% of certain undeveloped acreage included in the Eagle Ford acquisition, and become the drilling capital partner in the Eagle Ford acreage.

EXCO will host a conference call on Monday, July 8, 2013 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#15101136. 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 Monday, July 8, 2013.

A digital recording will be available starting two hours after the completion of the conference call until July 22, 2013. Please call (800) 585-8367 and enter conference ID#15101136 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 and Chief Executive Officer, Douglas H. Miller, or its President and Chief Operating Officer, Harold L. Hickey, or its Executive Vice President and Chief Financial Officer, Mark F. Mulhern, 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. Business plans may change as circumstances warrant. In addition, the conditions to closing the transactions contemplated by the definitive purchase agreements may not be met or the anticipated benefits from the proposed transactions may not be fully realized. 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: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO’s reports on file with the Securities and Exchange Commission. EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Source: EXCO Resources, Inc.

EXCO Resources, Inc.
Douglas H. Miller, 214-368-2084
Chairman and Chief Executive Officer
or
Harold L. Hickey, 214-368-2084
President and Chief Operating Officer
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and Chief Financial Officer
www.excoresources.com

EXCO Resources, Inc. Schedules Earnings Release and Conference Call

DALLAS–(BUSINESS WIRE)–Apr. 2, 2013– EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing first quarter 2013 results on Tuesday, April 30, 2013, after market close.

EXCO will host a conference call on Wednesday, May 1, 2013, 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# 32095842. 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, April 30, 2013, 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 15, 2013. Please call (800) 585-8367 and enter conference call ID# 32095842 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 and CEO, Douglas H. Miller, or President and COO, Hal Hickey, or Executive Vice President and CFO, Mark F. Mulhern, 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 and CEO
or
Hal Hickey, 214-368-2084
President and COO
or
Mark F. Mulhern, 214-368-2084
Executive Vice President and CFO
www.excoresources.com