EXCO Resources – Personnel Changes & Prospects for the Future

EXCO.jpgAs MDN pointed out earlier this month, EXCO Resources, once a sizable player in the Marcellus–with 145,000 net acres in the Marcellus and having drilled and operating 124 horizontal Marcellus wells–has pretty much abandoned the Marcellus at this point (see EXCO Reaffirms No New Marcellus Drilling in 2016, Capex Cut 69%). Even so, they remain a major player in our region and will return to drilling when the price (one day) goes up again. So we keep an eye on them. Recently there was a personnel change at EXCO to update you on. Also, one of our favorite energy analysts, Richard Zeits (writes for Seeking Alpha), has done a deep dive into EXCO and its prospects for emerging from the current down market intact. He provides some key insights…

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