EXCO Resources – Personnel Changes & Prospects for the Future

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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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