EXCO Resources : Announces Appointment of Paul Aronzon and Harold L. Hickey to Board of Directors

DALLAS, TEXAS - EXCO Resources, Inc. ("EXCO" or the "Company") announced that the Board of Directors has increased in size to seven members. Paul Aronzon and Harold L. Hickey have been appointed to the Company's Board of Directors.

Mr. Aronzon has over 40 years of experience, as lead advisor, in mergers and corporate reorganizations, including extensive experience advising companies, boards and board committees, independent directors, sponsors, debtors, creditors, parties acquiring debt, assets or companies and other parties in corporate transactions. From 2008 to 2019, Mr. Aronzon was the co-managing partner of the Los Angeles office of Milbank LLP, an international law firm, and co-leader of Milbank's Global Financial Restructuring Group. Mr. Aronzon was also the Executive Vice President and Managing Director of Imperial Capital from 2006 to 2008. Mr. Aronzon has advised companies, boards, board committees, independent directors, sponsors, parties acquiring assets, debt or companies and others in transactions across a wide array of industries.

Mr. Hickey is Chief Executive Officer and President of the Company and has more than 40 years of experience in the oil and gas industry. Mr. Hickey has been the Chief Executive Officer and President of the Company since 2015. Since he joined the Company in 2001, Mr. Hickey has served in various senior management roles, including President of North Coast Energy, and Chief Operating Officer, President and Chief Executive Officer of EXCO. Before joining the Company, Mr. Hickey worked at Mobil Oil Corporation, in various technical, commercial and managerial roles from 1979 to 2000. Mr. Hickey has extensive knowledge of the Company and the oil and gas industry as well as significant operations, engineering, and executive leadership experience, including
senior management roles in multiple acquisitions and divestitures and complex energy joint ventures.

About EXCO Resources, Inc.
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 the Appalachia region. EXCO's headquarters are located at 12377 Merit Drive, Suite 1700, Dallas, TX 75251.

Forward-Looking Statements
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: discussions regarding EXCO's restructuring, EXCO's liquidity, sources of capital resources and ability to maintain compliance with debt covenants, continued volatility in the oil and gas markets, the estimates of reserves, commodity price changes, regulatory changes and general economic conditions. Except as required by applicable law, EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

Contact:
EXCO Resources, Inc.:
Harold L. Hickey, 214-368-2084
Chief Executive Officer and President
www.excoresources.com

SOURCE EXCO Resources, Inc.

Related Links
www.excoresources.com