Exco Resources, Inc.
Latest Exco Resources, Inc. News
Harbinger, EXCO partner to acquire $132M in oil and natural gas assets from BG Group affiliateHGI Energy Holdings LLC, a wholly-owned subsidiary of Harbinger Group Inc. (NYSE: HRG) has closed on its previously announced joint venture with EXCO Resources Inc. (EXCO; NYSE: XCO) to create a private oil and gas partnership. |
Comstock Resources makes management changesFrisco, Texas-based Comstock Resources, Inc. announced May 9 the promotion of Mark A. Williams to COO. Williams, who has been with Comstock since 1996 and until his promotion served as vice president of operations, will oversee the company's exploration, production and drilling operations. |
Industry Briefs |
EXCO sets 2012 budget, reduces Haynesville activityDallas-based EXCO Resources Inc. has estimated its 2012 capital budget around $710 million, including $585 million for development and completion activities. |
As Marcellus Shale volumes increase, new infrastructure is being constructed
In terms of acreage, the Marcellus Shale is the largest major shale play east of the Mississippi River. It runs through parts of five states, including New York, Pennsylvania, Ohio, Maryland, and West Virginia.
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Haynesville Shale surpasses Barnett as nation's top-producing shale gas play
It seems that we don't hear as much about the Haynesville Shale these days.
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Experts forecast 'strong period' for energy deal-making activityMany analysts, advisors, and M&A market participants see 2011 as a strong period for energy industry deal-making activity. OGFJ's Don Stowers explains. |
Chinese companies on shopping spree
The two largest deals in the last 30 days (Jan. 16-Feb. 15) involve Chinese companies buying into shale assets in North America.
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