Monday, August 10, 2009

EXCO: One More Thing

I talked about EXCO Resources last week and will be doing more in-depth on the company in late September when they do a big analyst day, but I wanted to mention one more thing. In reviewing the company's earnings conference call, the company noted that it too is in the process of leasing new acreage in the Haynesville Shale, possibly between 25,000 and 30,000 acres. They weren't specific where in the play, but it looks like a general trend that landmen are getting active again.

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