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Exco Resources, Inc. Announces Agreement With BG Group For Joint Development of Its Haynesville Shale And Other Operations In East Texas/North Louisiana

By TechAgreements

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Pursuant to a purchase and sale agreement ("PSA"), EXCO will sell BG Group a 50% interest in its producing and nonproducing assets in a large area of mutual interest ("AMI") which encompasses most of EXCO's holdings in East Texas/North Louisiana, excluding the Vernon Field in Jackson Parish, Louisiana, the Redland Field in Bossier and Webster Parishes, Louisiana and the Gladewater and Overton...

Full post as published by TechAgreements on July 06, 2009 (boomark / email).

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