Entering text into the input field will update the search result below

Exco Resources says BG Group pulling out of acquisition

Sep. 10, 2013 9:59 AM ETEXCO Resources, Inc. (XCO) StockXCO, BRGYY, BRGXFBy: Carl Surran, SA News Editor
  • Exco Resources (XCO -1.5%) says BG Group (OTCQX:BRGYY, OTCQX:BRGXF) has elected not to acquire 50% of the recently acquired producing and undeveloped oil and gas assets in the Haynesville shale formation.
  • XCO raises FY 2013 adjusted EBITDA guidance to ~$450M from $435M, the third time it has lifted expectations this year.
  • The credit agreement which included a $400M asset sale requirement is amended to $269M.

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
XCO--
EXCO Resources, Inc.