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Exco Resources and BG to jointly acquire Common Resources LLC for US$441 million

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Report summary

The following is an extract from an EXCO Resources news release dated 21 April 2010: EXCO Resources Inc. today announced an agreement to purchase Common Resources L.L.C. ("Common") jointly with BG Group plc ("BG Group") for approximately $446 million in cash subject to customary purchase price adjustments. Common owns producing assets gathering lines and acreage in Shelby San Augustine and Nacogdoches Counties TX. Common's Eagle Ford assets are not part of the ...

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    Exco Resources and BG to jointly acquire Common Resources LLC for US$441 million

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