EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the “Company”) announces the closing under the Services and Investment Agreement (as amended, the “Agreement”) with Energy Strategic Advisory Services LLC (“ESAS”), a wholly owned subsidiary of Bluescape Resources Company LLC (“Bluescape”). Highlights include: C. John Wilder, Executive Chairman of Bluescape Resources [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that the six proposals presented by EXCO in the proxy statement have received the affirmative vote of more than a majority of EXCO’s shares of common stock outstanding, and proposals 3 and 4, which amend EXCO’s Articles of Incorporation, received the affirmative vote of more than two-thirds of the outstanding [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCO”) today announced that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) will reconvene at 4:45 p.m., central time, on August 18, 2015, at the corporate office of EXCO, 12377 Merit Drive, First Floor Conference Center, Dallas, Texas. EXCO’s Board of Directors (the “Board”) continues to recommend that all EXCO shareholders approve [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that the six proposals presented by EXCO in the proxy statement (the “Proxy Statement”) have, through August 11, 2015, received the affirmative vote of more than a majority of EXCO’s shares of common stock outstanding, and that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCO”) today announced that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has been recessed and will reconvene at 4 p.m., central time, on August 11, 2015, at the corporate office of EXCO, 12377 Merit Drive, First Floor Conference Center, Dallas, Texas. EXCO’s Board of Directors (the “Board”) continues to recommend that all EXCO [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCO”) today announced that its 2015 Annual Meeting of Shareholders (the “Annual Meeting”) has been recessed to provide shareholders additional time to consider the proposals and to ensure the tabulation accuracy associated with the electronic voting process used by EXCO’s tabulator. The Annual Meeting will reconvene at 4 p.m. central time on August 7, 2015 [...]
EXCO Resources Inc. today announced that on July 30, 2015, EXCO was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of its common shares over a period of 30 consecutive trading days had fallen below $1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE. Under the NYSE rules, during the [...]
EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the "Company") today announced operating and financial results for the second quarter 2015. 2015 Second Quarter Highlights Drilled 9 gross (4.4 net) and turned-to-sales 22 gross (5.7 net) operated horizontal wells in the second quarter 2015, consistent with the capital budget. Produced 361 Mmcfe per day, or 33 Bcfe, for the second quarter 2015, which exceeded the [...]
EXCO Resources Inc. (NYSE: XCO) today announced that it will be releasing second quarter 2015 results on Monday, July 27, 2015, before the market opens. EXCO will host a conference call on Monday, July 27, 2015, 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# 24918639. The [...]
EXCO Resources Inc. (NYSE:XCO) ( EXCO or the "Company") today announced operating and financial results for the first quarter 2015. 2015 First Quarter Highlights Drilled 13 gross (5.5 net) and turned-to-sales 29 gross (14.6 net) operated horizontal wells in the first quarter 2015, consistent with the capital budget. Produced 339 Mmcfe per day, or 30 Bcfe, for the first quarter 2015, consistent with the midpoint of [...]
LONDON, April 27, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: California Resources Corporation (NYSE: CRC), EXCO Resources Inc. (NYSE: XCO), Canadian Natural Resources Ltd. (NYSE: CNQ), Rosetta Resources Inc. (NASDAQ: ROSE), and Emerald Oil Inc. (NYSE MKT: EOX). Free research report on California [...]
EXCO Resources Inc. (NYSE:XCO) (“EXCOâ€) today announced that EXCO’s Board of Directors appointed Harold H. Jameson as EXCO’s Chief Operating Officer, effective April 17, 2015. Mr. Jameson most recently served as EXCO’s Vice President of Development & Production with primary responsibilities including EXCO’s horizontal shale development drilling programs in the Haynesville, Eagle Ford and Marcellus assets. Mr. Jameson has served in a Vice President role since March 2011. Prior to joining EXCO in 2007, Mr. Jameson was employed at Anadarko Petroleum Corporation ... [...]