EXCO Resources Raises 2013 Adjusted EBITDA Guidancer, BG Group Elects Not to Participate in Haynesville Assets

DALLAS--(BUSINESS WIRE)-- EXCO Resources, Inc.

(“EXCO”) today announced BG Group plc (“BG Group”) has elected not to acquire 50% of the recently acquired producing and undeveloped oil and gas assets in the Haynesville shale formation (“Haynesville”). EXCO closed the acquisition of the Haynesville assets on July 12, 2013 for a purchase price of $288 million, after customary preliminary purchase price adjustments. These assets were subject to BG Group's right to acquire a 50% interest, which was formally offered to BG Group on July 13, 2013. As a result of BG Group's election and continued strong operating performance, EXCO has raised its full year 2013 adjusted EBITDA guidance from approximately $435 million to approximately $450 million. EXCO's