Modified Third Amended Disclosure Statement Approved for EXCO Resources, Inc.
November 05, 2018 at 12:00 am EST
Share
The US Bankruptcy Court approved the modified third amended disclosure statement of EXCO Resources, Inc. on November 5, 2018. The debtor has filed its amended disclosure statement in the Court on November 5, 2018. The Court has established October 29, 2018 as the record date for purposes of determining which holders can vote to accept or reject the plan. The deadline to vote on the plan is December 6, 2018 and for filing objections to the confirmation of the plan is December 3, 2018. The confirmation hearing for the plan has been scheduled for December 7, 2018.
EXCO Resources, Inc. is an independent oil and natural gas company. The Company is engaged in the exploration, exploitation, acquisition, development and production of onshore United States oil and natural gas properties with a focus on shale resource plays. Its principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana, and the Appalachia region. Its producing regions include East Texas and North Louisiana, South Texas, and Appalachia. The East Texas and North Louisiana regions are primarily comprised of its Haynesville and Bossier shale assets. It serves as the operator for most of its properties in the East Texas and North Louisiana regions. The South Texas region is primarily comprised of its Eagle Ford shale assets. Its position in this region includes approximately 48,500 net acres. It serves as the operator for most of its properties in the South Texas region. The Appalachia region is comprised of its Marcellus shale assets.
EXCO RESOURCES, INC. 
