EXCO Resources Announces Closing of Haynesville Acquisition

By: Benzinga
EXCO Resources, Inc. (NYSE: XCO ) (“EXCO”) today announced that it has closed its previously announced acquisition of producing and undeveloped oil and gas assets in the Haynesville shale formation (“Haynesville”) from subsidiaries of Chesapeake Energy Corporation for total consideration of approximately $288 million in cash, subject to customary post-closing purchase price adjustments. The
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