EXCO ANNOUNCES $1 BILLION ACQUISITION IN EAGLE FORD AND HAINESVILLE

July 09, 2013

(Exco Resources, Dallas, Texas) Exco Resources announced that it has entered into definitive agreements to acquire producing and undeveloped oil and gas assets in the Eagle Ford and Haynesville shale formations for an aggregate purchase price of approximately $1 billion, from subsidiaries of Chesapeake Energy Corporation. Eagle Ford acreages are located in Dimmit, Frio, Zavala and La Salle counties.Exco Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia, and West Texas.